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The US could see a growth spurt in solar-plus-storage projects in 2016 and 2017 if the US Internal Revenue Service (IRS) expands its energy investment tax credit regulations to include more energy storage uses, said Jigar Shah, co-founder of Generate Capital, a specialty finance company that builds, owns, operates and finances energy, water, agriculture and basic materials infrastructure assets.
Department of Energy
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US energy storage installations jump 40% in 2014 as Lithium-ion still dominatesApr 20, 2015
In 2014, 180 individual energy storage installations for a total market size of $128 million were completed in the US. This year is expected to be the biggest in the market’s history.