Global Scans · Energy storage · Weekly Summary

• [New] Fastest-Growing Subsegment: Energy Storage Systems (ESS) - Utility-scale ESS equipment will expand at a 14.2% CAGR during 2026-2034, propelled by grid resiliency goals, renewables integration, and utility procurement frameworks. Straits Research
• [New] To strengthen U.S. grid resilience and reduce exposure to supply chain risks, battery manufacturers, system integrators and project developers must seek out new and different types of battery energy storage systems technologies. Utility Dive
• [New] The EBRD cash will finance the construction and operation of advanced gas-piston power plants with a capacity of 36.8 megawatts and battery energy storage systems with a total capacity of 31.5 MW at multiple sites in Zakarpattia in western Ukraine. Kyiv Post
• [New] Saudi Arabia is emerging as a regional leader, thanks to initiatives under its Vision 2030 plan that emphasize nanotechnology and composites for energy storage and lightweight transportation components. Precedence Research
• [New] Total annual deployment of new solar, wind and energy storage facilities in 2035 will be 21% lower - or 227 gigawatts less - than it would have been without the Trump tax law. Energy Connects
• [New] The accelerating deployment of renewable energy, energy storage, electric vehicles and energy efficiency globally offer hope that global emissions are on their way to peaking. The Conversation
• [New] Mexico will add 19,954 MW of renewable energy and 5,000 MW of energy storage by 2030. Strategic Energy Europe
• [New] Added battery storage and demand-response resources mitigate shortfall risks in Texas, as in California and other states that have added significant new energy storage capacity over the past five years and introduced regulatory incentives to flex demand. Forbes
• Thermal energy storage (TES) systems and hybrid models will enhance reliability, allowing for continuous operation regardless of daylight. Soleos Solar Energy Private Limited
• The successful commissioning of India's first 3 MWh Vanadium Redox Flow Battery is expected to pave the way for indigenous energy storage solutions and grid-scale renewable integration. Indian Masterminds
• LG Energy Solution - Stellantis joint venture NextStar Energy will shift to producing batteries for energy storage systems at its Windsor, Ontario factory instead of EV batteries. JD Supra
• As data centers continue to scale to meet the demands of AI, cloud computing, and edge computing, uninterrupted power supply (UPS) and energy storage solutions are essential for maintaining uptime and preventing service disruptions. Yahoo Finance
• By the 2030s, sodium-ion batteries could emerge as a mainstream alternative to lithium-ion batteries, driving the next phase of energy storage innovation. Frost & Sullivan
• Lithium dominates with 24% share (USD 78 billion in 2024), expected to surpass USD 145 billion by 2032, driven by EV battery and energy storage demand. Yahoo Finance
• 48 V systems, common in residential energy storage and small PV setups, are expected to grow steadily from USD 592 million to USD 1.27 billion. MarketResearch.com, LLC
• Coal-fired power - 70% of generation in India and 33% in Germany - can be securely replaced by renewables and flexibility from energy storage and thermal balancing power plants as early as 2040. Pollution Solutions Online
• Energy storage installations globally will keep gaining momentum over the next decade as other markets pick up pace. BloombergNEF
• By 2032, LFP batteries are expected to account for a major share of global lithium-ion demand, particularly in the electric vehicle and stationary energy storage segments. openpr
• With the exponential demand growth for batteries, EVs, renewable energy storage, and advanced electronics, the significance of pegmatite mining will only intensify after 2026. Farmonaut
• As electric vehicle adoption accelerates and battery demand intensifies throughout 2025, Bolivia lithium investment opportunity becomes increasingly significant for investors seeking exposure to next-generation energy storage opportunities. Discovery Alert

Last updated: 23 November 2025