Solar capacity has doubled roughly every three years for 30 years, battery storage has nearly doubled annually since 2020 and EV sales have surged fifteenfold to 17.5 million since 2017. China, the world’s first “electrostate,” leads this transformation..
Solar capacity has doubled roughly every three years for 30 years, battery storage has nearly doubled annually since 2020 and EV sales have surged fifteenfold to 17.5 million since 2017. China, the world’s first “electrostate,” leads this transformation..
Record renewable deployment and the impact of AI were key trends in the energy landscape in 2025. Energy continued to be a key topic in 2025 - on the global news agenda and for the World Economic Forum. From energy transition momentum to increased focus on critical minerals, here are some of the. .
Each quarter, new industry data is compiled into this report to provide the most comprehensive, timely analysis of energy storage in the US. All forecasts are from Wood Mackenzie Power & Renewables; ACP does not predict future pricing, costs or deployments. Media inquiries should be directed to. .
Solar and wind not only kept pace with global electricity demand growth, they surpassed it across a sustained period for the first time, signalling that clean power is now steering the direction of the global energy system. Solar gained momentum in regions once seen as peripheral, from Central. .
In another record-breaking year for energy storage installations, the sector has firmly cemented its position in the global electricity market and reached new heights. From price swings and relentless technological advancements to shifting policy headwinds and tailwinds, 2025 proved to be anything. .
MITEI’s three-year Future of Energy Storage study explored the role that energy storage can play in fighting climate change and in the global adoption of clean energy grids. Replacing fossil fuel-based power generation with power generation from wind and solar resources is a key strategy for. .
Energy storage is an important tool to support grid reliability and complement the state’s abundant renewable energy resources. These technologies capture energy generated during non-peak times to be dispatched at the end of the day and into the evening as the sun sets and solar resources go.
