Global Scans · Energy storage · Weekly Summary

• [New] Plans are to add more than 17 gigawatts of solar and 7.6 gigawatts of battery energy storage during the next decade, which could boost solar to around 35% of FPL's power generation mix by 2034, up from roughly 9% today. / USA tradingkey.com
• [New] At the state level, Gujarat's Integrated Renewable Energy Policy 2025 aims to exceed 100 GW by 2030, explicitly supporting hybrid projects and energy storage key enablers for round-the-clock green hydrogen production. MarkNtel Advisors
• [New] Both the US and global energy storage markets have experienced rapid growth over the last year and are expected to continue expanding rapidly in order to support grid resiliency. JD Supra
• [New] Advanced lithium processing technologies are expected to boost energy storage capacity by 40% in sustainable agriculture infrastructure by 2026. Farmonaut
• [New] Energy storage for utilities and data centers is expected to account for 41% of U.S. battery demand in 2026, up from 26% in 2024. Connect CRE
• [New] LG Energy Solution will produce $4.3 billion worth of batteries in Lansing, Michigan for Tesla's energy storage systems business. National Law Review
• [New] Lithium battery shipments for data center energy storage might rise over 80% in the next five years. Carbon Credits
• [New] Energy storage demand for lithium batteries grew over 70% in 2025 and is expected to continue rising rapidly in 2026. Deligreen Charger Store
• [New] Tesla and LG Energy Solution will invest $4.3 billion in a Michigan plant to produce LFP prismatic battery cells for Megapack 3 energy storage systems, with production starting in 2027 to strengthen U.S. supply chains. Battery-Tech Network
• [New] Energy storage costs are on a downward trajectory, with the capital cost for a 4-hour battery system projected to fall to $245 / kW-hour by 2030 and $159 / kW-hour by 2050. Utility Dive
• [New] Almost 70 GW of new solar projects are scheduled to come online by 2027, while utility-scale energy storage projects are poised to more than double to reach 65 GW in the next two years. Utility Dive
• [New] Lack of Storage: India needs an estimated 411 GWh of energy storage capacity by 2032 to maintain grid stability during non-sunny periods. EduRev
• [New] Europe's battery energy storage capacity is set to increase fourfold by 2029. Lincoln International LLC
• [New] Energy storage will continue its rapid cost decline, with BNEF projecting annual global installations to exceed 200 GW by the 2030s. Green Fuel Journal
• [New] Global lithium demand projections indicate annual growth rates of 20-25% through 2030, driven primarily by electric vehicle battery production and energy storage system deployment. Discovery Alert
• [New] Hybridization will be natively integrated into corporate Power Purchase Agreements, accounting for 30% of global renewable expansion by the end of 2026 and consolidating energy storage as a key financial hedging tool. Zigor
• [New] US demand for lithium iron phosphate battery energy storage (BESS cells) is forecast to outstrip supply from North American producers until 2028. Benchmark Mineral Intelligence
• [New] Without a robust deployment of energy storage systems, renewable expansion and the goal of tripling capacity by 2030 (Paris Agreements) could stall. Zigor
• [New] By 2030, nanotechnology will be integral to computing, energy storage, and personalized medicine. BUSINESS 2.0 NEWS

Last updated: 29 March 2026