This marks the completion and operation of the largest grid-forming energy storage station in China. The photo shows the energy storage station supporting the Ningdong
Lithium-ion OEM Envision Energy has launched its latest grid-scale BESS solution, a 10-foot modular DC block which can be combined into configurations of 12MWh or more.
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Last year saw a record-breaking 200 gigawatt-hours (GWh) of new BESS projects coming online, a growth rate of 80%. Access the whitepaper to get the Energy Storage
Discover how base station energy storage empowers reliable telecom connectivity, reduces OPEX, and supports hybrid energy.
Peak Energy designs and deploys next‑gen sodium‑ion energy storage that is safer, lower‑cost, and more reliable. Our systems remove legacy failure points and enable rapid grid growth to meet the
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,
US energy storage set a Q1 record in 2025 with 2 GW added, but looming policy changes could put that growth at serious risk.
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This marks the completion and operation of the largest grid-forming energy storage station in China. The photo shows the energy storage station supporting the Ningdong Composite Photovoltaic Base Project. This energy storage station is one of the first batch of projects supporting the 100 GW large-scale wind and photovoltaic bases nationwide.
Energy trading company Foxwell Power (FWP) has contracted Saft to supply a battery storage solution for a 356MWh project in Taiwan. Energy Vault has acquired a 150MW battery energy storage system (BESS) in Texas. Meanwhile, Jupiter Power has entered an agreement with Austin Energy to provide 100MW of electricity from a BESS facility.
Global installed energy storage is on a steep upward trajectory. From just under 0.5 terawatts (TW) in 2024, total capacity is expected to rise ninefold to over 4 TW by 2040, driven by battery energy storage systems (BESS). Last year saw a record-breaking 200 gigawatt-hours (GWh) of new BESS projects coming online, a growth rate of 80%.
The Q1 2025 results demonstrate the demand for energy storage in the US to serve a grid with both growing renewables and growing load,” said Allison Weis, global head of energy storage at Wood Mackenzie. “However, the industry stands at a crossroads, with potential policy changes threatening to disrupt this momentum.”
Globally, energy storage project development is increasingly driven by the utility-scale segment, with mandates and targeted auctions driving gigawatt-hour projects in markets like China, Saudi Arabia, South Africa, Australia and Chile.
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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