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‘Not a trend’: First quarter decline for US energy storage market but pipeline continues to grow

  • Admin
  • May 14, 2024
  • 1 min read

The article discusses the decline in US utility-scale energy storage deployments, quarterly revenues for major battery energy storage system (BESS) integrators Fluence, Stem Inc, and Wärtsila. It also highlights the growth in the energy storage pipeline and the reasons behind falling revenues. Financial information, agreements with customers, and business strategies of the companies are presented through CEOs' comments and financial data.


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