The Challenge For The Energy Storage Sector’s Profitability

Looking back at the past three years, it’s difficult to have an optimistic outlook on the energy storage sector. After all, investors have witnessed the insolvencies of several energy storage companies including A123 systems, Ener1, and Beacon Power.

In addition, all three of the aforementioned companies were recipients of federal funding that was intended to help cross the so-called “valley of death” that lies between the laboratory and commercialization.

Source and Read More 

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