Globally, annual energy storage deployment (excluding pumped hydropower plants) is set to hit another all-time high at 92 gigawatts (247 gigawatt-hours) in 2025 – 23% higher than in 2024.
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- By 2025, the front-of-the-meter storage demand is expected to reach 64 GWh, with an impressive CAGR of 62%. - China''s energy storage market has witnessed exponential growth, driven
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The global energy storage market achieved substantial 43% year-on-year growth in 2025, with 106 GW of new capacity added worldwide. This represents a significant increase from the 73
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In 2023 alone, global battery storage additions reached 42 GW—more than double the previous year''s installations. Looking ahead, experts predict 80 GW of new additions in 2025,
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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
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BNEF forecasts that global energy storage additions will reach 92 GW or 247 GWh in 2025, excluding pumped hydro. This marks a 23 percent increase in gigawatts over 2024, reflecting
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With 20% year-on-year growth, mainland China alone accounted for $134 billion of the $202 billion global investment growth in 2024. The market posted solid growth in a range of sectors, including
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Geopolitics, supply chains, energy storage, EVs, nuclear and hydrogen are the key themes expected to shape the global power landscape in 2025. GlobalData''s recent report outlines
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To support the global transition to clean electricity, funding for development of energy storage projects is required. Pumped hydro, batteries, hydrogen, and thermal storage are a few of the...
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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 increasing
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