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The US energy storage industry expects COVID-19 to cause a deep revenue downturn

Fri, 04/17/2020 - 12:47 -- Paul Crompton

A quarter of US energy storage system firms will reduce employee numbers and a third expect a fall in revenue during Q2 of this year because of the COVID-19 pandemic, a new study by the U.S. Energy Storage Association (ESA) has revealed.

The revelations were revealed in a survey answered by 101 members of the trade association for the American energy storage trade. 

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