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Report Suggests Lithium Iron Phosphate Could Play Key Role in Energy Storage

As territories around the globe move away from fossil fuel energy to green energy sources over the next few years, the need for stationary energy storage will increase exponentially. Unlike fossil fuels such as coal, which can provide energy 24/7, renewable sources such as solar peak during certain times of the day.

Stationary power storage facilities can be used to store solar and wind energy generated during the day when demand is low and…

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