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

Puerto Rico, where the utility grid was knocked out by Hurricane Maria on Sept 20, has become a target for developers eager to showcase microgrid designs.

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...

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