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June 2, 2020

Global Energy Storage to Rebound and Witness Strong Capacity Additions Despite Pandemic: Report

Despite the current covid-19 pandemic, the medium-term future for energy storage remains bright. That’s according to Frost & Sullivan’s recent analysis, “Outlook for the Global Energy Storage Industry, 2020.” Just last month the US Energy Storage Association (ESA) released survey results that showed the impact that the novel coronavirus will have on the industry. The study focused on analyzing the covid-19 effect on energy storage companies’ revenue, employment and projects in the second quarter.

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