- Blocking clean energy projects slows growth, impacting electricity markets and consumer savings in the American West.
- The residential solar market is facing challenges due to policy changes that eliminate residential solar energy tax credits.
U.S. Energy Storage Market Hits Record Installations Amid Declines
What happened
The U.S. energy storage market installed a record 18.9 GWh of battery energy storage systems during the second quarter of 2026. This growth was driven by a shift toward longer-duration storage systems, with the national average project duration increasing from 2.8 to 3.5 hours. Overall installed power capacity saw a decline of 7% year-over-year, though installations were up 5% year-over-year in the first half of 2026.
Why it matters
The residential solar market is facing challenges due to policy changes that eliminate residential solar energy tax credits. This hesitancy and the overall market decline are impacting the growth of clean energy projects, which slows growth in electricity markets and consumer savings in the American West.
The residential solar market is facing challenges due to policy changes that eliminate residential solar energy tax credits. Blocking clean energy projects slows growth, impacting electricity markets and consumer savings in the American West.
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The residential solar market is facing challenges due to policy changes that eliminate residential solar energy tax credits.Also in this story
- Sean Gallagher and Jimmy Dixon discussed solar development and tax breaks in North Carolina.
- Enphase Energy and Sunrun are experiencing declines due to the rescission of subsidies.
- First Solar, Aes, and Nextera are affected by the tax credit repeal, which caused a stock price decline.
- Enphase CEO disclosed insider stock purchases as the company grapples with the negative impacts of U.S. tariffs and the expiration of residential clean energy tax credits.