Insight
Coronavirus impacts: 20% downside expected for US FTM energy storage market in 2020
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Report summary
The impact of the coronavirus pandemic on the US energy storage industry is rapidly shifting from manufacturing slowdowns to dramatic demand-side delays due to shelter-in-place orders. While battery manufacturing has largely recovered, it is now the downstream processes necessary to shepherd these systems to commercial operation - ranging from ports to transportation, labor movement, construction availability and permitting - that will delay 2020 deployments.
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