According to IHS Technology, energy storage pipeline advances are led by the United States, China and South Korea. The “IHS Energy Storage Company and Project Database – Q2, 2016” tracks a total of 2 gigawatts (GW) of grid-connected energy storage projects – a 20 percent increase, since the end of 2015.
Lithium ion’s (Li-ion’s) share of the energy storage market has grown steadily from 20 percent deployed in 2010 to 90 percent forecast for 2016.
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