In 2020, America’s energy storage market will likely surpass 1.6 gigawatts — making it 28 times bigger than it was in 2015.
The U.S. market in 2020 will be defined not just by higher volumes, but by diversity in project types. While large storage projects on the utility’s side of the meter currently dominate deployments, smaller batteries in homes and businesses on the customer’s side of the meter will become the biggest segment in terms of capacity in the next four years.
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