October 12, 2018 - 8:17 AM EDT
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Battery Storage Power Projects Becoming Big Business in the U.S., an Industrial Info News Alert

SUGAR LAND, Texas, Oct. 12, 2018 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--It should come as no surprise that Duke Energy Corporation (Charlotte, North Carolina) recently announced that it would invest $500 million over the next 15 years in battery storage projects in the Carolinas. Brock Ramey, power specialist at Industrial Info, says, "Battery storage projects are becoming increasingly prevalent in the U.S., especially as intermittent renewables such as solar become a bigger part of the power load and microgrid and unit additions in industrial sectors continue to be a leading trend." Industrial Info is tracking more than $5.2 billion in active battery storage projects in the U.S. California, a leading state for solar power generation, leads in terms of planned project activity.

Industrial Info Resources (PRNewsfoto/Industrial Info Resources, Inc.)

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

Brian Ford

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Source: PR Newswire (October 12, 2018 - 8:17 AM EDT)

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