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ENERGY STORAGE BOOM LIKELY NOT TO HAPPEN IN TEXAS

  • NEWS Desk Global
  • May 31, 2023
  • 1 min read

May 31 (Reuters) - BlackRock, Korea's SK, Switzerland's UBS, and other companies are chasing an investment boom in battery storage plants in Texas, lured by the prospect of earning double-digit returns from the power grid problems plaguing the state, according to project owners, developers, and suppliers.

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