BloombergNEF forecasts a record 94 GW (247 GWh) of utility-scale storage in 2025—a 35% rise—driven by China’s storage mandates.
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6 days ago · Over 65 countries and 100 organisations support the Global Energy Storage and Grids Pledge, led by the COP29 Presidency. The
2 days ago · Independent energy storage company GES develops and operates first-class energy storage assets facilitating energy transition.
Jun 19, 2025 · The global energy storage sector is on track for another record year in 2025 as utility-scale projects expand into new regions.
Nov 16, 2024 · Bruce Douglas, CEO, Global Renewables Alliance (GRA), welcomed the news: "Countries committing to global energy storage and grid targets today at COP29 send a strong
Nov 18, 2024 · The COP29 Global Energy Storage and Grids Pledge, including clear targets for 2030, has already gained support by multiple
Apr 25, 2024 · The global energy storage market almost tripled in 2023, the largest year-on-year gain on record, and that growth is expected to continue.
Nov 15, 2024 · The COP29 Global Energy Storage and Grids Pledge, including clear targets for 2030, has already gained support by multiple
Apr 25, 2024 · Global installed energy storage capacity by scenario, 2023 and 2030 - Chart and data by the International Energy Agency.
Apr 25, 2024 · Global installed energy storage capacity by scenario, 2023 and 2030 - Chart and data by the International Energy Agency.
Nov 16, 2024 · 2024Q3 market data of energy storage in China, USA, UK and Germany, from CNESA Datalink Global Energy Storage Database
Mar 31, 2025 · As a global leader in energy storage system integration, Envision has made significant breakthroughs in trading-based and grid
At COP28, Parties agreed to commit to tripling of global installed renewable power capacity to at least 11,000 gigawatts (GW) and double the global average annual rate of energy efficiency
Nov 14, 2025 · Global utilities today unveiled upgraded annual investment plans that will see energy transition spend rise to US $148 billion per year, up from previously stated ambitions of
2 days ago · The IEA''s flagship World Energy Outlook, published every year, is the most authoritative global source of energy analysis and projections.
Jun 19, 2025 · 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
Feb 25, 2025 · The global energy storage market had installed 175.4 GWh of capacity by 2024, with Tesla leading shipments. Europe accounted for
Nov 28, 2024 · The Green Energy Storage and Grids Pledge, launched on 15 November, targets a goal of 1.5TW of global energy storage by 2030,
Nov 30, 2001 · The extent of the challenge in moving towards global energy sustainability and the reduction of CO 2 emissions can be assessed by consideration of the trends in the usage of
Dec 17, 2023 · Energy storage needs to be used to help form a controllable and adjustable power grid operation model. In 2021, global renewable
Feb 27, 2025 · Global energy storage capacity outlook 2024, by country or state Leading countries or states ranked by energy storage capacity target worldwide in 2024 (in gigawatts)
Aug 5, 2024 · The global energy storage market almost tripled in 2023, the largest year-on-year gain on record, according to a new study by BloombergNEF (BNEF).
Nov 15, 2024 · The world''s leading utilities and power sector companies endorsed commitments of governments and international stakeholders made at COP29 to increase power system
Nov 14, 2025 · According to InfoLink''s Global Energy Storage Supply Chain Database, global energy storage cell shipments totaled 410.45 GWh in Q1–Q3 2025, up 98.5% YoY. In Q3,
Jan 24, 2025 · The global energy storage market added 175.4 GWh of installed capacity in 2024, with the three major regional markets—China, the Americas, and Europe—continuing to
Jun 2, 2025 · As 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
BAKU, AZERBAIJAN (November 15, 2024) – At COP29, countries including UK, Uruguay, Belgium and Sweden committed to increasing the amount of global energy storage sixfold
Oct 21, 2025 · 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.
Jul 7, 2025 · Our Annual Global Energy Storage market report adds to our continued series of key energy transition focused industry reports. The collective works are the result of a valued
Nov 15, 2024 · Together, through this pledge, we are committed to making energy storage and action on electricity grids one of the cornerstones of the global energy system, thereby
Nov 28, 2024 · The Green Energy Storage and Grids Pledge, launched on 15 November, targets a goal of 1.5TW of global energy storage by 2030, marking a sixfold increase from 2022 levels,
Oct 21, 2025 · Global energy storage additions are on track to set another record in 2025 with the two largest markets – China and US – overcoming
6 days ago · Over 65 countries and 100 organisations support the Global Energy Storage and Grids Pledge, led by the COP29 Presidency. The pledge sets out the targets to achieve 1,500
Oct 12, 2022 · BNEF forecasts energy storage located in homes and businesses will make up about one quarter of global storage installations
The power sector offers a vast and untapped scope for energy storage capacities. Decarbonisation and energy transition progress have imposed a greater need for utility-scale storage to manage grid fluctuations and ensure reliability.
Such a target sets the base for energy storage, as a flexible energy supply is a critical part of the energy transition. The energy market policy and regulations thus seek to accommodate energy storage business in the otherwise legacy-driven wholesale power market.
Developing energy storage has become a global consensus. It was announced at COP29 in late 2024 that global storage capacity will increase to 1,500 GW by 2030, more than six times the 2022 level. As a result, InfoLink maintains a cautiously optimistic outlook for the medium- to long-term development of energy storage systems.
Energy storage systems, either integrated, co-located or standalone, are quickly emerging as an essential resource that can provide the power delivery flexibility needed. The global transition to renewable energy sources has brought about a myriad of significant challenges in power-grid management.
Almost 80% of the total installed energy storage capacity base, worth 7GWh, is from the residential sub- segment. Germany is among the top European countries in residential battery storage market. So far, growth has been through the volumes in the residential storage market segment.
As of the end of 2023, global investment commitments for storage reached $36 billion (Energy Storage News, 2024). However, this was a 76% year-on-year growth, and it is set to accelerate to keep up with the renewable energy sector’s expansion. BNEF estimates point to an annualised $93 billion in spending on storage over the next decade.
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