China is weighing the possibility of launching industry-wide investigations into its energy storage facilities over concerns about fire risks, Chinese outlet 21st Century Business Herald reported on Monday, citing a source familiar with the plans. The recent boom in energy storage plants in China has led to low utilization rates at these facilities. Because the energy storage plants have been little used, they could unknowingly pose risks of fires, according to the source. In addition, the booming rollout of energy storage has likely…
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