Energy storage is having its moment. Global deployment has set new records every year since 2014 and exceeded 100 gigawatts of annual additions for the first time in 2025.
Annual additions of energy storage, excluding pumped hydro, reached 112 gigawatts in 2025, up 48 percent from 2024, with 307 gigawatt-hours of batteries added worldwide. It only took four years for energy storage to increase annual additions to more than 100 gigawatts from 10 gigawatts, while it took roughly eight and 15 years for solar and wind, respectively. This record underscores growing market momentum and increased industry maturity.
China makes up more than half the global market and accounted for 54 percent of additions in 2025, followed by the United States with a 16 percent share. Deployment in Australia rose nearly sixfold from 2024, driven by favorable power market conditions and a new subsidy scheme for residential storage. Saudi Arabia leapfrogged some peer countries as Chinese supplier
