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With the worldwide emphasis on renewable energy sources such as solar and wind, energy storage has become an essential solution for grid stability and reliability. It also uses lithium iron phosphate batteries with long service life, no maintenance, extreme safety, lightweight, and improved discharge and charging efficiency.
Nickel-cadmium batteries from 30 or 40 years ago got replaced by nickel-metal-hydride batteries. And fairly quickly, nickel-metal-hydride got replaced by traditional lithium-ion batteries. They are lower-maintenance, they are lower-cost in many respects, depending on what features you want and so forth.
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