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Stockreport

Energy storage industry set aggressive goals for 2025 — and already crushed them [TechCrunch]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: TechCrunch
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
So how'd the storage industry do? In the third quarter, 4.7 gigawatts of batteries were installed. In sum, more than 40 gigawatts have been deployed, and the year isn't over, Canary Media reported . In eight years, energy storage went from a tiny player to one of the largest sources of new power on the U.S. grid. What's more, that's nearly half of all new renewable power deployed on the grid for July through September, and this year, renewables have been the leading source of all new capacity, according to the Federal Energy Regulatory Commission. Much of the new storage capacity has been deployed in Arizona, California, and Texas, states where the grid has been strained in recent years. Experts say that lessons learned there can help other regions deploy battery storage onto their grids, including the Midwest and East Coast, which are buckling under the weight of new data center construction. Startups have been taking note. Redwood Materials, which was co-founded by Tesla al [Read more]
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Stockreport

Energy storage industry set aggressive goals for 2025 — and already crushed them [TechCrunch]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: TechCrunch
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
So how'd the storage industry do? In the third quarter, 4.7 gigawatts of batteries were installed. In sum, more than 40 gigawatts have been deployed, and the year isn't over, Canary Media reported . In eight years, energy storage went from a tiny player to one of the largest sources of new power on the U.S. grid. What's more, that's nearly half of all new renewable power deployed on the grid for July through September, and this year, renewables have been the leading source of all new capacity, according to the Federal Energy Regulatory Commission. Much of the new storage capacity has been deployed in Arizona, California, and Texas, states where the grid has been strained in recent years. Experts say that lessons learned there can help other regions deploy battery storage onto their grids, including the Midwest and East Coast, which are buckling under the weight of new data center construction. Startups have been taking note. Redwood Materials, which was co-founded by Tesla al [Read more]
IMPACT SNAPSHOT
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GOOG
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