With lithium-ion batteries raising ESG-related concerns, investors are increasingly seeing value in long-duration storage

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Ørsted buys Eversource offshore stake
Ørsted has agreed to pay $625m for Eversource's 50% stake in a US seabed area with potential for up to 4GW of offshore wind. The zone, called Lease Area OCS-A 500, is currently jointly owned by the two companies.