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RE: LeoThread 2024-09-21 06:33

in LeoFinance2 months ago

Synergy with Battery Storage

The growth of solar energy is driving a parallel boom in battery energy storage systems (BESS):

  • BESS installations are rapidly increasing to balance grids and make solar energy usable 24/7.
  • By 2030, global battery installation capacity could reach 3 TW.
  • companies like Tesla are experiencing multi-year backlogs for their large-scale battery products.