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Energy storage deals with impacts from COVID-19
Renewable Energy World: A quarter of energy storage companies expect to reduce their workforces due to the impact of the COVID-19 pandemic, while more than half are anticipating a loss in revenues, according to a new survey from the U.S. Energy Storage Association.
The ESA study queried 101 representatives from the sector. Most of the companies plan and hope to retain their employees while waiting out the virus which has killed more than 22,000 Americans so far this year, but they also confirm that the resulting work stoppage will cut into revenues and projects.
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