March 4, 2021

Storage deployments shatter records — again — in Q4 2020

More than 2,100 MWh of energy storage systems came online in the U.S. in the fourth quarter of 2020, marking a 182% increase over the previous quarter and setting a new record for the industry, according to a report from Wood Mackenzie and the U.S. Energy Storage Association (ESA).

In total, 1,464 MW/3,487 MWh of new storage came online in the country last year — 179% more than 2019 in MW terms — and the report estimates that the storage market will deploy five times more MW in 2025, with front-of-the-meter systems continuing to comprise a bulk of that growth.

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