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The renewable energy market (solar and wind) depends on battery storage technology to maintain stability. The 90% concentration on Chinese suppliers creates geopolitical and economic security risks for US clean energy projects, as well as potential impacts on global energy supply chains and investments in green technology.
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@wsj-business · 07/19, 11:02 PM
Event soonAccording to the Wall Street Journal, Chinese suppliers control about 90% of the US energy storage market, raising concerns about over-reliance on a strategic rival.
The renewable energy market (solar and wind) depends on battery storage technology to maintain stability. The 90% concentration on Chinese suppliers creates geopolitical and economic security risks for US clean energy projects, as well as potential impacts on global energy supply chains and investments in green technology.
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