Bloomberg reports that global energy storage capacity has tripled in recent years, thanks to an industry that barely existed a decade ago.
Inside an unmarked stucco building in a Silicon Valley office park, more than 1,000 black metal cabinets, each about the size of a fridge, line the floor in rows. Each cabinet contains 20 new lithium-ion batteries that, starting this spring, will feed power into California’s often-strained electrical grid, helping prevent blackouts. They’re essentially bigger versions of the rechargeable batteries that... ...
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