Key Capture Energy Featured in PV Tech Power Article on What 2021 Has in Store for the Future of Energy Storage
Leading clean energy industry publication, PV Tech Power, recently interviewed our CEO, Jeff Bishop, about lessons learned in 2020, as well as expectations for what 2021 has in store for the energy storage industry. The main takeaway: while the ongoing pandemic made 2020 extremely difficult to navigate, it did not stop the energy storage industry from growing. The article, titled, ‘US energy storage in 2021: Notes from a maturing industry’, mentions that research firm Wood Mackenzie Power & Renewables found that in the third quarter of 2020, 467MW / 764MWh of energy storage was deployed around the US across all market segments. This was more than double what was recorded in the previous highest deployment quarter and Wood Mackenzie head of energy storage analysis Dan Finn-Foley described the industry as having been “remarkably resilient” to the impacts from coronavirus lockdowns. Jeff shares his thoughts about why the energy storage industry was able to thrive in a year of flux and about the importance of anticipating emerging markets across desired territories. He also addresses the unique approaches necessary to get energy storage contracts signed and new projects constructed.
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