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WEF Says China Now Looking to Massively Deploy Energy-Storage Systems

The World Economic Forum (WEF) says China’s next step in its transition to renewables is the massive deployment of commercial and industrial energy-storage systems. With most developed countries working to cut their greenhouse-gas emissions, China has invested billions of dollars into its fledgling green-energy industry over the past several years. The result is a massive deployment of wind and especially solar energy farms.

In 2023 alone, China installed more solar panels than the United States installed in its entire history, putting the east Asian country at the forefront of global solar-energy deployment. However, due to their intermittent nature, renewables are most effective when they operate alongside stationary…

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NOTE TO INVESTORS: The latest news and updates relating to Correlate Energy Corp. (OTCQB: CIPI) are available in the company’s newsroom at https://ibn.fm/CIPI

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