Global Scans · Energy storage · Weekly Summary

• [New] Between now and 2030, an estimated USD 670 billion must be directed each year towards grids, with further investment required to rapidly scale up energy storage solutions, facilitate renewable integration and safeguard grid stability. Global Renewables Alliance
• [New] Lithium demand is projected to increase more than six-fold by 2050 because it is an essential component of rechargeable batteries used in electric vehicles and renewable energy storage. News-Medical
• [New] More than $121 billion in planned wind, solar, and energy storage investments are at risk due to Trump Administration permitting policies, with approximately 92 gigawatts of proposed clean energy capacity facing heightened federal review and permitting delays. MCAA
• [New] New York State has expanded its energy storage ambitions, with the Public Service Commission approving a roadmap to deploy 6,000 MW of storage by 2030. Office of the New York City Comptroller Mark Levine
• [New] On storage, NYSERDA plans to procure 3 GW of new bulk energy storage through Index Storage Credit contracts by 2028 as part of the broader goal of deploying 6 GW of total storage by 2030. Constellation
• [New] Victoria's renewable energy transition is accelerating to meet ambitious climate targets, with renewable electricity expected to reach 95% by 2035 alongside significant growth in energy storage, electrification of transport, and increased electricity demand. Sustainability Victoria
• [New] Finland's sand battery is one of the first commercial-scale technologies to demonstrate what long-duration thermal energy storage could look like. Yahoo Tech
• [New] In North America, the United States is projected to reach USD 262.8 million by 2036, growing at 6.9% CAGR as EV manufacturing and utility-scale energy storage deployments expand. 24-7 Press Release Newswire
• The Fortis Series, a flagship product line, will deliver high-power, compact battery energy storage systems designed specifically for data centers and uninterruptible power supply (UPS) needs, reducing fire risks in facilities with concentrated power demands. Grokipedia
• EticaAG, a Pennsylvania-based startup, plans to introduce its non-flammable lithium battery systems in 2026, marking a significant advancement in safe energy storage solutions tailored for high-risk environments. Grokipedia
• Companies like CATL announced commercial-scale deployment of sodium-ion batteries in electric vehicles and energy storage systems, highlighting their affordability due to abundant raw materials and projected costs nearing lithium-ion parity by mid-decade. Grokipedia
• In 2026, the battery industry anticipated a milestone with the first large-scale integration of silicon-based batteries into electric vehicles (EVs), marking a significant breakthrough in addressing longstanding limitations in energy storage. Grokipedia
• Today, Ultium Cells LLC, a joint venture between General Motors and LG Energy Solution, announced that it will begin producing lithium-iron phosphate batteries for Energy Storage Systems (ESS) enabled by a $70M investment in process retooling to be completed by Q2 2026. Ultium Cells LLC
• The African Development Bank has approved USD 66 million (EUR57.6m) in financing for the first phase of the Dandara project in southern Egypt, which will include 500 MW of solar and a 100-MWh battery energy storage system. Renewables Now
• BloombergNEF forecasts growth in energy storage battery demand 27% higher than estimates made just one year earlier, attracting interest from numerous automotive manufacturers. E-TECH EUROPE 2026
• A new long-duration energy storage system to be constructed in Arizona by Energy Dome and Salt River Project will be able to provide 19 MW for 10 hours, or enough electricity to power about 4,200 homes for 10 hours. National Conference of State Legislatures
• Growth in Li-ion battery sales in the coming decade will continue at a compound annual rate of about 30%, driven by EVs and energy storage systems to 4,000-4,500 gigawatt-hours by 2030. Global Market Insights Inc.
• BloombergNEF highlighted the growing role of battery storage, with demand for stationary energy storage systems expected to increase by 27% between 2025 and 2035 compared with previous forecasts. Green Building Africa

Last updated: 09 August 2026