US power product supplier Generac is to unite a number of recently-acquired companies to establish a new energy storage business arm. The new organisation will combine three companies Generac acquired last year, Pika Energy, Enbala Power Technologies, and Neurio Technology, with Generac’s existing connectivity business to create a combined Energy Technology (ET) division. Generac’s chief […]
US energy storage posts second-largest quarter, with more growth expected as COVID-19 recedes
The U.S. saw 168 MW/288 MWh of energy storage deployed in Q2 2020, the industry’s second-largest deployment behind Q4 2019, according to a joint report by Wood Mackenzie and the U.S. Energy Storage Association. COVID-19 triggered a slowdown in commercial and industrial installations, but residential growth remains strong in California and Hawaii as a result […]
US energy storage market sets Q2 record for deployments
The United States energy storage sector saw its strongest second quarter on record for deployments. According to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) latest ‘US Energy Storage Monitor’ report, 168 MW were deployed in Q2 2020. This is an increase of 72% quarter-over-quarter, 117% year-over-year and is the second-highest quarterly total ever […]
100GW in 10 years: US Energy Storage Association issues ‘expanded vision’
The US national Energy Storage Association (ESA) has adopted a goal for the deployment of 100GW of new energy storage using a range of technologies by 2030, updating a previously set 35GW by 2025 target. The trade group, which has nearly 200 industry stakeholder members, launched a ‘vision paper’ called ‘100 x 30: Enabling the […]