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Battery Energy Storage System (BESS) Market, Size, Growth & Forecast 2032
The Global Battery Energy Storage System Market was valued at USD 1120 million in 2023 and is expected to grow at a strong CAGR of around 11.44% during the forecast period 2024-2032 The market for battery energy storage systems (BESS) has seen rapid transformative growth in response to the growing demand for renewable energy, stability in the grid, and backup power options. This technology...
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