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Australia to double installed energy storage capacity as ESS costs set to fall
Energy storage analyst Wood Mackenzie forecasts that despite COVID-19 Australia is set to more than double its year-on-year installed energy storage capacity in 2020.
The industry forecasters predict the country will add 1.2GWh of energy storage capacity this year, taking its cumulative storage capacity at 2.7GWh. Last year, Australia installed 499MWh of energy storage capacity.
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