2025 international energy storage

Will China install 30 GW of energy storage by 2025?

In July 2021 China announced plans to install over 30 GW of energy storage by 2025 (excluding pumped-storage hydropower), a more than three-fold increase on its installed capacity as of 2022.

When is the energy storage global conference 2024?

The seventh edition of the Energy Storage Global Conference (ESGC) will take place on 15 – 17 October 2024 in Brussels. What can you expect from the #ESGC2024? Latest insights on energy storage policies, markets and technologies and applications. Networking opportunities during the conference, as well as during our dinner events.

Why should you attend China International Energy Storage Expo?

At China International Energy Storage Expo (EESA EXPO), Asia's premier energy storage exhibition, the road ahead is paved with countless opportunities. From connecting with 350,000+ of your peers to doing business with 1500+ exhibitors, It's an exhibition that yields benefits throughout the entire year.

Is India ready for battery energy storage in 2022?

The Inflation Reduction Act, passed in August 2022, includes an investment tax credit for stand-alone storage, promising to further boost deployments in the future. In its draft national electricity plan, released in September 2022, India has included ambitious targets for the development of battery energy storage.

Which countries invest in battery energy storage in 2022?

Grid-scale battery storage investment has picked up in advanced economies and China, while pumped-storage hydropower investment is taking place mostly in China Global investment in battery energy storage exceeded USD 20 billion in 2022, predominantly in grid-scale deployment, which represented more than 65% of total spending in 2022.

Will battery energy storage investment hit a record high in 2023?

After solid growth in 2022, battery energy storage investment is expected to hit another record high and exceed USD 35 billion in 2023, based on the existing pipeline of projects and new capacity targets set by governments.