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China pauses approvals for battery storage manufacturing projects

The move comes amid ​growing concerns about overcapacity risks in the energy storage sector, according to the report. That is ​despite a surge in demand ⁠for batteries ‌used to balance grids and provide ​backup ​power.

Source: The Economic Timesrss
Read the original at The Economic Times

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Original headline
China pauses approvals for battery storage manufacturing projects
Product category
General technology
Curation state
ingested