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Asia Ranks First in 2019-2024 BESS Market CAGR, Says TrendForce

2020/02/13

Energy

According to the EnergyTrend research division of TrendForce, the integration between centralized generation and distributed smart grid is an inevitable trend in smart city initiatives. Global BESS installation capacity is expected to reach 3.2GWh in 2020, with a 22% CAGR from 2019 to 2024.

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