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Global residential storage market to hit 46.1 GWh in 2026, says InfoLink
InfoLink Consulting expects global residential energy storage capacity additions to reach 46.1 GWh in 2026, led by Europe, Oceania, and Asia. Fox ESS, Sigenergy, and Deye ranked as the top three suppliers by shipment volume in the first half of 2026.
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Large-capacity battery storage, variety of C&I solutions at China’s EESA EXPO
This year’s edition of the China International Energy Storage Expo (EESA EXPO) has underlined the latest energy density achievements in the battery energy storage space on both cell and system levels. Meanwhile, the sheer number of commercial and industrial (C&I) systems on display spoke of growing demand in this market segment. Alternative lithium-ion battery chemistries were not easy to find.
BYD to supply 3 GWh of battery storage for Grenergy’s Oasis de Atacama
Spanish developer Grenergy has extended the strategic agreement signed earlier this year with China's battery maker BYD for the supply of its Oasis de Atacama project in Chile, which will eventually feature the world’s largest battery energy storage system.
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Demand for large capacity battery storage cells goes strong as prices continue to slide
The analysis from Taipei-based intelligence provider TrendForce finds that the average price for lithium iron phosphate (LFP) energy storage system cells continued to slide in August, reaching CNY 0.35/Wh ($0.049/Wh). Meanwhile, demand for large capacity cells continued to grow at a steady pace.
Deye announces Brazil battery factory, first outside China
Focused on making its equipment more competitive in Brazilian and other South American markets, Deye plans to start production of stationary lithium batteries in the first quarter of 2025. The products should be 30% cheaper than imported models. In a second phase, production of inverters will begin, generating more than 1,000 jobs.
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Imported LFP battery cells from China could be cheaper than US-made products even after tariff hikes
While all lithium iron phosphate (LFP) battery cell supplies to the US currently come exclusively from China, local players are ramping up to start supplying the market from 2026 onwards. Different outcomes are on the table depending on the tariffs applied.
Global energy storage market: H1 2024 installation figures
Policy mandates in China have driven the global energy storage market in the first half of 2024 to new highs, backed by the rapid growth in the US market. Meanwhile, Europe posted mixed results. Robin Song, InfoLink Consulting’s energy storage analyst, breaks down the figures.
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