US utility solar-plus-storage: The rise of hybridization
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
With utility PV capacity paired with energy storage expected to grow at an average rate of 97% over the next 4 years, utilities are increasingly favoring solar-plus-storage projects. This insight discusses the growth seen in solar-plus-storage procurement, utility long-term resource plans, and how state and wholesale market policies are incentivizing the buildout of solar-plus-storage projects locally.
Questions about the contents of this insight? Reach out at contactus@woodmac.com
Other reports you may be interested in
US Solar Market Insight: Q2 2026
US Solar Market Insight™ (SMI) is a quarterly publication on the state of the US solar market.
$7,500US Solar Market Insight executive summary: Q2 2026
US Solar Market Insight™ (SMI) is a quarterly publication on the state of the US solar market.
$7,500Power On North America: evaluating behind-the-meter trade offs for data centers
Recent highlights from the North American power and renewables sector
$3,000