Featured in Gigawatt club continues to grow – 07-2019

The dawn of megastorage

Plummeting costs, industry maturity, and the ever-increasing penetration of global renewables are expanding the use cases for battery storage technology. Over the past year and a half, storage projects are increasing significantly in both scope and capacity.

By

Erica Johnson

05 Jul 2019

Image: NEC Energy Solutions

Last year was record-breaking for global energy storage deployment. The non-residential segment overtook the residential sector for the first time, with half of the 3.3 GW capacity installed in front of the meter (FTM), according to market analysts Wood Mackenzie. The drive toward large, utility-scale projects has been the single most noteworthy change for the …

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