2024 Q1: US energy storage market installs record 1,265 MW, led by grid-scale with 993 MW, primarily in California, Nevada, and Texas.
The US energy storage market hit a new Q1 record in 2024, installing 1,265 MW across all segments, a 84% increase from Q1 2023. Grid-scale led with 993 MW, while California, Nevada, and Texas accounted for 90% of new grid-scale capacity. The market anticipates deploying 12.9 GW across all segments in 2024, with new capacity additions expected to surpass 10 GW for the first time ever.
June 18, 2024
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