Battery costs for commercial market expected to drop 35% by 2024

Battery costs for commercial market expected to drop 35% by 2024

According to new research from Wood Mackenzie, non-residential storage system costs will fall by 27% in the United States over the next five years. The fall in system costs will help drive a more-than-tenfold growth in the U.S. non-residential storage market by 2024. Commercial and industrial customers with predictable, peaky loads are increasingly turning to…

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The post Battery costs for commercial market expected to drop 35% by 2024 appeared first on Solar Power World.

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