Spurred by Japan, Steady Growth Predicted for Energy Storage Market

On March 17, the Japanese Ministry of Economy, Trade and Industry (METI) announced that it would begin accepting applications for a generous subsidy that it is awarding to consumers who install lithium-ion battery storage systems along with renewable energy systems on their homes or businesses. The subsidy will spark nearly 100 MW of energy storage capacity to be installed in 2014, according to an energy analyst with IHS.

via Renewable Energy News – RenewableEnergyWorld.com http://ift.tt/1lPxnPz

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