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US Corporates Seek to Install More Than 3 GWh of Battery Storage

2024-11-22 09:08

Wedoany.com Report-Nov 22, Technology companies are the dominant corporates investing in solar and energy storage as electricity demand soars to keep pace with data center growth.

With the rise in electricity demand and decrease in solar prices, US companies are investing in record levels of solar and energy storage to power operations and offset their emissions.

The Solar Energy Industries Association’s (SEIA) ninth annual “Solar Means Business” report, noted that through Q1, 2024, US businesses had reported more than 3 GWh of contracted battery energy storage which is expected to come online through 2029.

The document also reported corporate energy storage use exceeded 1.8 GWh and businesses had added nearly 40 GW of solar generation capacity.

North America America Energy Storage

US Battery Storage

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