US Energy Storage Installations Hit a Record 12.3 GW in 2024

Annual energy storage installations increased by 33% YoY

March 21, 2025

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The U.S. energy storage market hit a new record with 12.3 GW installations across all segments in 2024, according to the latest U.S. Energy Storage Monitor report from the American Clean Power Association (ACP) and Wood Mackenzie.

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Tina Freese

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US Energy Storage Installations Hit a Record 12.3 GW in 2024

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