Shares of power producers rose as traders rotated into safe havens ahead of a three-day weekend.
The U.S. energy storage industry installed a record amount of capacity in the first quarter as utilities sought greater grid stability and lower costs amid rising demand for electricity.
The industry installed 9.7 gigawatt-hours of new capacity between January and March, the most on record for a first quarter, according to a report by the Solar Energy Industries Association and Benchmark Mineral Intelligence.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
