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US Energy Storage Market Sees Record 3,512 MWh Deployed in Q1 2024, Up 89% YoY

Grid-scale deployment grew 101% YoY, while the C&I segment performed poorly

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The U.S. energy storage market set a first-quarter record for capacity installed in Q1 2024, with 1,265 MW/3,512 MWh deployed across all segments. This marks the highest storage capacity installed in the U.S. in the first quarter, representing an 89% increase from Q1 2023.

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