With battery factories restarting and demand for EVs down, grid storage developers could face a new dynamic: cell oversupply.
We had to do a coronavirus energy storage roundup at some point.
The virus and ensuing stay-at-home orders hit the solar industry hard and fast. Some of those impacts carry over to storage, but battery-centric companies have dodged direct business losses pretty well so far.
Pure-play storage companies haven’t had to formally toss out their business forecasts, like SunPower and Sunrun did, or fire hundreds of people, like the reconstituted Sungevity. There hasn’t been a rash of formal delays to landmark battery projects (if you hear of any,…
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