BloombergNEF forecasts a record 94 GW (247 GWh) of utility-scale storage in 2025—a 35% rise—driven by China’s storage mandates. US tariffs, policy shifts and LFP dominance will drive growth to 220 GW/972 GWh by 2035. The global energy storage sector is on track for another record year in 2025 as utility-scale projects expand into new regions.
BEIJING, Sept. 12 -- China on Friday unveiled an action plan to promote the development of new forms of energy storage between 2025 and 2027, amid efforts to support green energy transition and ensure the stability of new-type power systems.
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).
The energy storage sector maintained its upward trajectory in 2024, with estimates indicating that global energy storage installations rose by more than 75%, measured by megawatt-hours (MWh), year-over-year in 2024 and are expected to go beyond the terawatt-hour mark before 2030.
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China on Friday unveiled an action plan to promote the development of new forms of energy storage between 2025 and 2027, amid efforts to support green energy transition and …
China''s nationwide installed capacity of new-type energy storage has exceeded 100 GW, more than 30 times the level at the end of the 13th Five-Year Plan period.
Explore what 2025 holds for clean energy—from solar and wind growth to storage innovations and grid modernization. Key insights from FFI Solutions.
The energy storage sector in 2025 is characterized by rapid technological advancements, significant market expansion, and strategic shifts aimed at enhancing …
The energy storage market continues to evolve. 2024 has been a key year for deployment and technological advancements, but the near future brings both opportunities and uncertainties. …
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 …
The energy storage market continues to evolve. 2024 has been a key year for deployment and technological advancements, but the near future …
The global energy storage market is poised to hit new heights yet again in 2025. Despite policy changes and uncertainty in the world’s two largest markets, the US and China, …
With developers continuing to add new capacity, including 9.2 GW of new lithium-ion battery storage capacity in 2024 through November 2024 and comparable levels of growth …
Energy storage is essential for integrating renewable energy, ensuring grid stability, enhancing reliability, and supporting the transition to sustainable, low-carbon energy systems …
The 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, …
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