Explosive Growth Attracts Major Energy Storage Suppliers in Australia, IHS Says

Dateline City:
ENGLEWOOD, Colo.

ENGLEWOOD, Colo. (February 17, 2016) – As households turn to storage to avoid ever increasing electricity tariffs, the Australian energy storage market is on the rise, going from less than 500 installations at the end of 2015 to more than 5,000 systems in 2016. This increase now places Australia in the top five markets for distributed energy storage in 2016, behind the United States, Japan, Germany and the United Kingdom, according to IHS Inc. (NYSE: IHS), the leading global source of critical information and insight.

Language:
English

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