2015 was a dynamic year for energy storage. A proliferation of energy storage deployment, declining costs and Tesla’s Powerwall announcement contributed to a successful year. But the start of 2016 did not begin as auspiciously as the previous year’s headlines might suggest.
There were 18.3 MW (21.2 MWh) of energy storage deployed in the United States in the first quarter of 2016, representing 127% increase from first quarter of 2015, according to a recent energy storage report from GTM Research. But those numbers represent an 84% decline from storage deployments in fourth quarter 2015.
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