storage installations of 5.9 GW this year because of the rising evidence of market disruptions, after 2021 installations came in at about two-thirds of what it initially expected. Energy research firm Wood Mackenzie told Reuters it may revise down its current outlook for U.S. Installations soared 170% in the first quarter to 758 megawatts, according to the American Clean Power Association, roughly enough capacity to power 144,000 homes.īut the pace is dipping below forecasts. operating clean energy capacity and has been growing rapidly. energy storage arm of Japanese heavy equipment maker IHI Corp.Įuropean energy storage projects are also facing delays, but that region lags the United States in the development of grid-scale storage, making the issue less pronounced.īen Guest, fund manager at Gresham House Energy Storage Fund, which invests in battery projects in Britain, said he has seen two- to three-month delays in projects primarily due to component shortages and shipping challenges.Įnergy storage makes up about 3% of U.S. "I have not seen a nascent industry challenged on so many fronts," said Jamal Burki, president of IHI Terrasun Solutions, the U.S. The delays, some of which have not been previously reported, range from several months to a year, according to the Reuters reporting.
The delays span states including California, Hawaii and Georgia, with battery providers including Tesla and Fluence warning of disruptions to supply, according to a review of regulatory documents, corporate statements and interviews with project developers and power providers.
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