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2024-02-07 10:19:45 -

Stationary Energy Storage Market Poised For Strong Growth Due To Rising Energy Demand

Market Dynamics: The stationary energy storage market is projected to witness high growth owing to rising energy demand. As per estimates, global energy demand is expected to rise by 50% by 2050. The continuous expansion of industrial sector and increasing urbanization is also increasing electricity demand manifolds across major economies. However, intermittent and unstable nature of renewable...

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