Global energy storage systems are set to grow exponentially from 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to BloombergNEF. BNEF estimates that the 122-fold increase in energy storage will require $662 billion of investment. In a report published on 7/31/19 by BNEF titled Energy Stoage Outlook 2019, the research company predicts a […]
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