By Kevin Brass
Commercial property owners are rethinking their skepticism toward energy storage systems, with battery prices dropping and third parties offering new financing models.
“Everybody is recognizing that it is a necessary component of the overall [sustainability] picture,” says Sara Neff, the senior vice president of sustainability at Kilroy Realty Corporation, the California-based real estate company.
The first quarter of 2017 was “the biggest quarter in history for the U.S. energy storage market,” according to a tracking report from the Energy Storage Association. Led by large-scale utility installations, primarily in California, the megawatt (MW) hours of storage deployments doubled in 2016, compared with the previous year, according to the association’s data. Read More…