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Lithium-ion to take lion’s share of growing energy storage market

Fri, 03/20/2020 - 12:28 -- Paul Crompton

Lithium-ion is set to account for 85% of future energy storage system projects as developers take advantage of regulatory policy, deployment mandates and falling technology costs.

The findings were reported by industry analysts Navigant Research based on its a database of global energy storage projects that incorporated regional analysis of technology choice, capacity, and market share for deployed projects and projects in the pipeline.

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