London, June 05, 2023 (GLOBE NEWSWIRE) — Increasing penetration of renewable energy sources has created greater need for effective energy storage systems to balance supply and demand fluctuations. As battery energy storage systems play a critical role in the integration of renewable energy to the grid and in stabilizing the power supply, a new study of Fairfield Market Research predicts a promising pace of growth in demand across the global battery energy storage system marketLondon, UK
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