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%. [pdf]
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Grid energy storage, also known as large-scale energy storage, is a set of technologies connected to the that for later use. These systems help balance supply and demand by storing excess electricity from such as and inflexible sources like , releasing it when needed. They further provide , such a. [pdf]
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The utility is procuring two grid-scale battery storage systems to the tune of EUR 48 million ($55.9 million). EPCG, Montenegro’s largest electricity provider, is investing in two four-hour battery energy storage systems (BESS) to strengthen grid resilience and balance supply and demand. [pdf]
In 2024 we transformed grid-scale energy storage by launching Endurium™, our fourth-generation vanadium flow battery (VFB) specifically optimized for use in large-scale, long-duration, high-throughput energy storage applications up to a GWh and more. [pdf]
Paris, January 10, 2023 – Saft, a subsidiary of TotalEnergies, has been awarded a major contract by Meridian Energy to construct New Zealand’s first large-scale grid-connected BESS. [pdf]
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The government of Burkina Faso recently reached a public-private partnership with the Dutch company Gutami Holdings to jointly develop and construct a 150 megawatt solar photovoltaic power generation project, and to build a 50 megawatt hour battery energy storage system. [pdf]
Paris, January 10, 2023 – Saft, a subsidiary of TotalEnergies, has been awarded a major contract by Meridian Energy to construct New Zealand’s first large-scale grid-connected BESS. [pdf]
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The Moroccan National Office of Electricity and Drinking Water (ONEE) has officially launched an international tender for the construction of a $6.18 million hybrid solar-diesel power plant with battery storage in El Guerguarat. [pdf]
The innovative tolling agreement signed between Zelestra and BKW enables the delivery of one of Europe’s largest battery energy storage systems (BESS), of up to 2 GWh, in the north of Italy. Construction is due to start in 2027, with full operations anticipated in 2028. [pdf]
In 2025, capacity growth from battery storage could set a record as we expect 18.2 GW of utility-scale battery storage to be added to the grid. U.S. battery storage already achieved record growth in 2024 when power providers added 10.3 GW of new battery storage capacity. [pdf]
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Utility-scale battery storage in the United States is poised to more than double over the next two years and will close out 2026 at nearly 65 GW — a rapid rise from 17 GW in the first quarter of 2024. [pdf]
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