
The global solar energy storage battery market size was estimated at USD 5.50 billion in 2024 and is predicted to increase from USD 6.84 billion in 2025 to approximately USD 48.14 billion by 2034, expanding at a CAGR of 24.23% from 2025 to 2034.The solar energy storage battery market growth is attributed to the growing demand for reliable and strong renewable energy storage battery solutions. [pdf]

The largest PV integration project in Africa is set to be carried out in Nigeria following an agreement signed between Onyx Solar, a solar energy company founded in Ávila, Spain, and the world’s leading manufacturer of transparent photovoltaic (PV) glass for buildings, and Sterling Bank Plc., a full service national commercial bank in the West African country. [pdf]

The project encompasses eight major tasks, including vanadium battery market analysis, vanadium leasing model assessment, vanadium supply and demand dynamics analysis, economic and financial evaluation, regulatory and legal review, macroeconomic and fiscal analysis, environmental and social impact assessment, and a roadmap for circular business model expansion. [pdf]

Bogotá, 19 November 2025: Climate Fund Managers (CFM), a climate-focused blended finance investment manager operating in emerging markets across Africa, Asia and Latin America, and Erco Energía, a leading Colombian renewable energy developer, with support from the European Union, today announced the inauguration of the Pétalo del Norte I solar power plant in northern Colombia and development funding for the neighbouring Pradera solar-plus – storage plant. [pdf]
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