Technological Innovations Propel Distributed Energy Storage to New...

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2024-12-05 17:28:39 - Translate -

Technological Innovations Propel Distributed Energy Storage to New Heights

The global distributed generation market has seen remarkable growth in recent years and is poised for a transformative future. Valued at US$ 244.5 billion in 2022, the market is projected to expand at a robust CAGR of 13.7% from 2023 to 2031, reaching a staggering US$ 773.3 billion by the end of 2031. Innovations in renewable energy technologies and favorable government policies are central to...

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