Electricity

Commercial Energy Storage Market to Surpass 720MW by 2020

Commercial Energy Storage Market to Surpass 720MW by 2020 : Greentech Media

The next six years will mark the beginning of a long-term, viable growth opportunity for commercial energy storage, according to GTM Research’s newest report, Distributed Energy Storage 2014: Applications and Opportunities for Commercial Energy. Driven in part by the growth of solar photovoltaics, over 720 megawatts of distributed energy storage will be deployed in the U.S. between 2014 and 2020. This represents a 34 percent cumulative annual growth rate.

via Commercial Energy Storage Market to Surpass 720MW by 2020 : Greentech Media.

Categories: Electricity, Energy