The global energy storage industry is set to transform the power landscape in 2025 and beyond. With strong growth in key markets, ongoing technological advancements, and declining costs, energy storage is becoming an essential component of the modern energy system.
The country’s total installed energy storage capacity is projected to hit 76.3 GWh by 2025, with an astonishing CAGR of 111% from 2021 to 2025. - New policies mandate that renewable energy projects include a storage component, further fueling growth.
The global energy storage sector is on track for another record year in 2025 as utility-scale projects expand into new regions. BloombergNEF (BNEF) forecasts that developers will add 94 gigawatts (247 gigawatt-hours) of battery capacity this year, a 35% increase over 2024 and the highest annual total to date (excluding pumped hydro).
BloombergNEF expects cumulative energy storage capacity in 2035 to reach 2 terawatts (7.3 terawatt-hours) – eight times the level in 2025. Utility-scale projects continue to dominate applications. See 2H 2025 Energy Storage Market Outlook for more details.
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Global energy storage additions are on track to set another record in 2025 with the two largest markets – China and US – overcoming adverse policy shifts and tariff turmoil. …
Learn MoreFrom symbolic but disappointing shifts to dramatic trends that skyrocketed, crashed and flattened within the span of a year, 2025 delivered a cascade of twists and turns for the global power industry. Drawing on …
Learn MoreThe scene is set for significant energy storage installation growth and technological advancements in 2025. Outlook and analysis of emerging markets, cost and supply chain risk, storage demand growth …
Learn MoreAs the world accelerates its transition to renewable energy, 2025 marks a pivotal year for the energy storage sector. Driven by technological advancements, policy support, and …
Learn MoreGlobal energy storage additions are on track to set another record in 2025 with the two largest markets – China and US – overcoming adverse policy shifts and tariff turmoil. Annual deployments are also set to …
Learn MoreThe global market for energy storage is set to reach unprecedented levels next year, with utility-scale projects leading the charge, according to BNEF. BNEF forecasts that …
Learn MoreThe scene is set for significant energy storage installation growth and technological advancements in 2025. Outlook and analysis of emerging markets, cost and supply chain risk, …
Learn MoreThe global energy storage sector is on track for another record year in 2025 as utility-scale projects expand into new regions. BloombergNEF (BNEF) forecasts that …
Learn MoreThe global energy storage industry is undergoing rapid expansion, driven by technological advancements, government policies, and the increasing demand for renewable …
Learn MoreFrom symbolic but disappointing shifts to dramatic trends that skyrocketed, crashed and flattened within the span of a year, 2025 delivered a cascade of twists and turns for the …
Learn MoreOn the occasion of the 10th anniversary of the Global Energy Perspective, McKinsey launches its 2025 outlook with a comprehensive view of what lies ahead for the global energy …
Learn MoreGlobal energy storage system (ESS) shipments soared to a record 286 GWh in 2025, with industry heavyweights like Tesla and leading Chinese manufacturers such as BYD …
Learn MoreThe energy storage sector maintained its upward trajectory in 2024, with estimates indicating that global energy storage installations rose by more than 75%, measured by …
Learn MoreLatest developments in solar PV technology, energy storage advancements, commercial power solutions, and industry insights from our team of renewable energy experts across Poland.
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