The energy storage industry is booming. This is not new news — the up-and-coming sector has been on a swift upward trajectory for quite a while, but now there are some new developments in the works that are set to catapult the industry into new levels of success. Last year, Oilprice reported that the energy storage industry was “ exploding ” as grid-connected energy storage deployments had increased significantly around the globe with a hefty annual compound annual growth rate of “74% worldwide in the years 2013 to 2018, with a ‘boom’ in deployment figures expected over the next five years,” according to Energy Storage News reporting based on Wood Mackenzie analysis in April. Asia has been at the helm of this book, with China poised to dominate the energy storage market, as its “cumulative energy storage capacity is projected to skyrocket from 489 megawatts (MW) or 843 megawatt-hours […]