Report Suggests Big Oil Should Get Into The Energy Storage Business

on August 10, 2016

Solar Industry energy storageAmid falling profits and long-term questions, global oil “supermajors” need to follow in the footsteps of France-based Total – which recently bought energy storage company Saft for $1 billion – and explore opportunities not only in batteries, but also in solar and distributed generation, according to a new report from Lux Research.

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Solar IndustryReport Suggests Big Oil Should Get Into The Energy Storage Business