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Wire · market

Global Battery Energy Storage Capacity to Increase Sixfold by 2030 (GlobalData)

29 July 2026 · By · Wire by Fusion42

Published

29 July 2026

Topic

market

◆ Sectors

Energy Storage

◆ Source

Read at ecofinagency.com →

◆ Verified

Fusion42 · 30 July 2026 · Fusion42 review

Global battery energy storage capacity is projected to increase nearly sixfold to 1,300 GW by 2030, a 42% compound annual growth rate from 2025. This expansion is driven by falling battery costs, the rapid deployment of renewables, and surging power demand from AI data centres.

This Wire brief sits within Fusion42's coverage of Energy Storage, and 5 sources have reported it between 27 Jul 2026 and 29 Jul 2026.

◆ ◆ The Wire takeaway

The AI boom is creating a new premium customer for energy storage, and they are buying differently from utilities. If you sell storage, your product must now offer active power management for data centres, not just simple grid backup.

◆ Coverage

5 sources · first reported 27 Jul 2026 · latest 29 Jul 2026

◆ Related on Wire

◆ Topics

Energy Storageenergy-storagebatteriesai-infrastructuredecarbonisationsupply-chain