Panasonic has said demand for backup batteries is rising quickly, and it is largely driven by the expansion of AI infrastructure that requires stable, continuous power. It has already allocated around 80% of its planned output to existing customers, leaving only a limited share for new buyers attempting to scale systems.
Yup. My old job had liebert (now vertiv) UPSs for our data center and those suckers were essentially just thousands of pounds of lead acid batteries stacked in a metal chassis