Global battery storage capacity projected to surge sixfold by 2030

Global battery storage capacity is projected to expand sixfold between 2025 and 2030 at a 42% CAGR, driven by utility procurement, grid constraints, and power demand from AI data centres. The U.S. and China account for 74.6% of installed capacity, with project designs standardising around four-hour duration systems and co-located solar-plus-storage hybrids.

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