The energy storage industry is going through a critical period of transition from the early commercial stage to development on a large scale. Whether it can thrive in the next stage depends on its economics.
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.
This trend may highlight that the cost decline over the past few years has driven energy storage into an era of accelerated diversification in the global market. The European energy storage market added 19.1 GWh of installed capacity in 2024, up 12.4% YoY, with drastic changes in the ESS landscape throughout the year.
Mainland China accounts for most of the global energy storage demand, driven in the near term by regional requirements for new utility-scale wind and solar projects to include energy storage capacity. However, the Chinese market is entering an era of change.
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Breakthroughs in battery technology are transforming the global energy landscape, fueling the transition to clean energy and …
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Global 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 …
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Recently, several projects—including Shanghai Electric Group’s 5GWh all-vanadium redox flow battery project, the Washi Power sodium-ion battery base project, and …
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Megapack is an electrochemical energy storage device that uses lithium batteries, a dominant technical route in the new-type energy …
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An offering of this scale would position EcoFlow alongside a select group of cleantech and energy storage names that have reached public market debuts in recent years. …
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The new policy has fully unlocked the value of independent energy storage as a power system regulator, an executive from a major energy storage equipment manufacturer in Guangdong …
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In the first quarter of 2024, the global energy storage market continued to show positive growth trends. Specifically in Europe, …
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Trina Solar, established a dedicated energy storage company in 2015, Trina Energy Storage is one of the few photovoltaic companies with battery cell production capacity, …
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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 …
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BYD''s battery making unit FinDreams will be Tesla''s new supplier of energy storage cells outside of CATL, securing more than 20 …
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Narada Power long dedicates to new electric energy storage. Its business covers integrated solutions of R&D and production, system integration …
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In this edition of the Energy-Storage.news US news roundup, EticaAG partners with Shell on battery immersion tech, Pacific Northwest National Laboratory begins utility-scale …
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Megapack is an electrochemical energy storage device that uses lithium batteries, a dominant technical route in the new-type energy storage industry.
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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, …
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The global New Energy Storage market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global New Energy Storage …
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Why 2025 Could Be the "Big Bang" of Energy Storage Equipment If you''re wondering why your neighbor suddenly started hoarding giant batteries in their backyard, let …
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The global energy storage market almost tripled in 2023, the largest year-on-year gain on record, and that growth is expected to continue.
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The 2020 Cost and Performance Assessment provided installed costs for six energy storage technologies: lithium-ion (Li-ion) batteries, lead-acid batteries, vanadium redox flow batteries, …
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KPMG China and the Electric Transportation & Energy Storage Association of the China Electricity Council (‘CEC’) released the New Energy Storage Technologies Empower …
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The Chinese PV manufacturer is stepping up its energy storage push with a new Beijing subsidiary capitalized at RMB 300 million ($42 million).
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A subsidiary of Trina Storage recently signed energy storage product sales contracts with customers in the North American region, totaling 1.4 GWh. The project will adopt the …
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