IHS: late 2015 pipeline growth signals impending rise in global energy storage market
Green Car Congress
JANUARY 20, 2016
Battery cost reductions, government funding programs and utility tenders led to a 45% increase in the global energy storage pipeline in the fourth quarter (Q4) of 2015 compared to the previous quarter. the global pipeline of planned battery and flywheel projects had reached 1.6 gigawatts (GW) in Q4 2015.
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