“Such gains contributed to a 26 percent overall growth in the U.S. energy storage market, even though the market has declined by 46 percent year-over-year. GTM Research predicts that annual residential energy storage deployments will surpass 1,000 MWh in just two years. Much of this has been driven by significant efforts on the part of California and Hawaii, which made up 74 percent of residential deployments in the first quarter.”
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