With the rise in electricity demand and decrease in solar prices, US companies are investing in record levels of solar and energy storage to power operations and offset their emissions.
The Solar Energy Industries Association’s (SEIA) ninth annual “Solar Means Business” report, noted that through Q1, 2024, US businesses had reported more than 3 GWh of contracted battery energy storage which is expected to come online through 2029.
The document also reported corporate energy storage use exceeded 1.8 GWh and businesses had added nearly 40 GW of solar generation capacity.
