**The Booming Growth of Energy Storage: What It Means for Solar in 2024**
The energy storage market in the United States is officially on fire, and this growth is directly tied to advancements within the solar industry. In the third quarter of 2024 alone, the U.S. installed a mind-boggling 3.8 gigawatts (GW) of energy storage capacity across all segments. That’s an impressive 80% increase from Q3 of 2023. For homeowners considering solar panels for your home, this surge in energy storage could signal a game-changing opportunity.
### Residential Energy Storage Hits Record Highs
The residential market, in particular, has been leading the charge. Between July and September of 2024, the U.S. achieved 346 megawatts (MW) of residential storage installations—an all-time record and a 63% increase from the prior quarter. Regions like California, Arizona, and North Carolina are spearheading the push, with growth rates soaring as high as 100% in North Carolina alone.
One of the driving factors behind this uptick in residential energy storage is the increasing adoption of solar panels for your home. When paired with energy storage solutions, these systems
Original Article: https://pv-magazine-usa.com/2024/12/13/u-s-adds-cumulative-3-8-gw-in-q3-residential-battery-storage-hits-all-time-high/
