Nearly a decade ago, when the energy storage market was in its infancy, an industry organization set a dreamy goal: By the end of 2025, the U.S. would deploy 35 gigawatts of batteries connected to the grid. So how’d the storage industry do? In the third quarter, 4.7 gigawatts of batteries were installed.
Startups have been taking note. Redwood Materials, which was co-founded by Tesla alumnus JB Straubel, in June added a new business line focused on repurposing used EV batteries for grid-scale storage.
While lithium-ion batteries have dominated new installations, other startups are pursuing other technologies that could lower storage costs significantly. Sizable Energy is working on a novel way to store power in flexible reservoirs that float in the open ocean.
In sum, more than 40 gigawatts have been deployed, and the year isn’t over, Canary Media reported. In eight years, energy storage went from a tiny player to one of the largest sources of new power on the U.S. grid.
Our standardized solar power and energy storage products are engineered for reliability, safety, and efficient deployment. All systems include comprehensive monitoring and control systems with remote management capabilities.
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