Global Energy Storage Market Remains Resilient Amid US and China Policy Changes
Utility-scale projects and new markets are driving record 2025 growth
June 24, 2025
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
The global energy storage capacity additions are expected to grow by 35% in 2025 to 94 GW or 247 GWh, according to BloombergNEF’s (BNEF) latest outlook. BNEF forecasts a compound annual growth rate of 14.7% between 2025 and 2035, with yearly additions reaching 220 GW or 972 GWh by 2035.