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Storms spur US$22.3b investment in battery-backed grids

Published Wed, Oct 4, 2017 · 09:50 PM
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New York

GROWING demand for more resilient power supplies will spur US$22.3 billion of global investment in battery-backed local energy systems over the next decade, according to Navigant Research.

Villages and homes in far-flung places will drive the expansion of microgrids, small-scale solar systems with batteries that can retain power until it's needed. Navigant expects 14.9 …

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