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Energy storage helps maximize economic value, meet sustainability goals.
According to the ESA/GTM Q318 Energy Storage Monitor, The U.S. Energy Storage market will reach 11.7 GWh and $4.5B in revenue by 2023. One of the key drivers will be solar integrated with energy storage. The economics of solar and energy storage are solid through the ITC incentive in place, but energy storage has some deeper advantages when integrated with solar. Energy storage firms solar assets and removes intermittency challenges. It extends the use of solar assets, providing the ability to shift production to when it’s needed. Solar and storage can be used to increase utilization and offer no need for curtailment in constrained markets.
If you have solar in market and are looking to see the economics of energy storage or have a new solar and storage development in the pipeline we would love to talk. To see how storage and solar work together, please take a look at our videos.
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We’ll help you determine how energy storage can work for you.