In 2025 there was just 2 GW of battery storage capacity installed, but by 2023 this grew to 89 GW – an increase of 4,350%, the UN report says. The global average cost of electricity generation for utility-scale solar PV decreased by 68% over the same period. [pdf]
Market growth: 28% CAGR predicted for outdoor energy storage from 2023-2025 (Gartner, 2023). Cost drop: $0.22 per watt-hour in 2022 → $0.14 projected by 2025. User adoption: 67% of RV owners plan to upgrade storage by 2025 (Outdoor Industry Association). [pdf]
From ultra-high-capacity battery cells to AI-driven smart systems, the industry is accelerating toward higher efficiency, better safety, and long-duration performance. Here are ten of the most impactful new products launched in the first six months of 2025. [pdf]
The BESS project will have an installed capacity of around 30 MWh, which will be installed at ENGIE Energía Perú’s ChilcaUno Thermoelectric Power Plant, and will allow the plant to operate at full capacity, which translates into more efficient energy for the country, as well as contributing to improve the stability of the national power grid. [pdf]
LiFePO4 batteries last up to 10 years or more, outperforming traditional lead-acid batteries. Unlike lithium-ion alternatives, LiFePO4 batteries are thermally stable, reducing fire risks. With a 95%+ discharge efficiency, they maximize stored solar energy for nighttime or cloudy days. [pdf]
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The Italy Lead-Acid Battery Market is projected to value at more than USD 130 Million from 2024 to 2029 as increasing applications in energy storage solutions. The advanced lead-acid battery market in Italy can be described as an evolving sector with considerable growth potential. [pdf]
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Romania expects its overall energy storage to amount to at least 2.5 GW in operating power at the end of 2025, and to expand to as much as 5 GW a year later, local media reported, citing Minister of Energy Sebastian Burduja. [pdf]
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PTTEP, Thailand’s national exploration and production company, has approved its final investment decision to build the country’s first carbon capture and storage (CCS) project at the Arthit gas field in the Gulf of Thailand. [pdf]
Uganda has approved a 100 MW solar project with 250 MWh of battery storage in the Nwoya and Gulu districts. The project, developed by Nairobi-based Renewvia Energy, is scheduled for completion in 12 to 18 months and represents a significant step forward for Uganda’s renewable energy sector. [pdf]
Passive battery balancing is the simpler and more common method, especially in smaller or lower-cost systems. It works like this: When one cell in a pack reaches full charge before the others, a resistor shunts (diverts) current away from that cell and releases the excess energy as heat. [pdf]
The Government of Burkina Faso has signed a Public-Private Partnership (PPP) agreement with a local developer and a Dutch clean energy investment firm to develop a major solar and battery storage system. [pdf]
Let’s cut to the chase: battery energy storage cabinet costs in 2025 range from $25,000 to $200,000+ – but why the massive spread? Whether you’re powering a factory or stabilizing a solar farm, understanding these costs is like knowing the secret recipe to your grandma’s famous pie. [pdf]
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