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Energy Storage Growth Surge Goes Global: Three Things to Know
Key Takeaways Energy storage additions headed for a record in 2026 and 2027 Local battery supply chains grow as activity shifts from China The global energy storage market – led by China and US – is seeing new growth centers emerge. This year, India will add 26 times more batteries than last year and Australia…
The global energy storage market – led by China and US – is seeing new growth centers emerge. This year, India will add 26 times more batteries than last year and Australia will almost double its annual addition, contributing to the global 45% year-on-year growth in gigawatts in 2026 being projected by BloombergNEF in its latest forecast. The record will be followed by yet another one in 2027 – when…
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