The US Deployed 18.3MW of Energy Storage in Q1 2016, Growing 127% Year-Over-Year
According to GTM Research and ESA’s latest U.S. Energy Storage Monitor, the U.S. deployed 18.3 megawatts (21.2 megawatt-hours) of energy storage in the first quarter of 2016. Deployments were up 127 percent year-over-year, but down 84 percent from the historic fourth quarter of 2015. The first quarter continued the trend of relatively slow starts seen over the last few years. However, residential energy storage was a standout segment both quarterly and annually. More than 8.9 megawatts were deployed in behind-the-meter applications. ….