The Energy Storage Market Outlook (ESMO) is a quarterly publication produced by the Solar Energy Industries Association and Benchmark Mineral Intelligence. ESMO draws on
The global energy storage market is poised to hit new heights yet again in 2025. Despite policy changes and uncertainty in the world''s two largest markets, the US and China, the sector
Battery energy storage is scaling up rapidly as a key source of system flexibility Battery energy storage has grown at an exceptional pace, with global installations increasing more than 20
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China recently announced sweeping export controls that cover large parts of the battery value chain. Coming amid a turbulent period for Europe''s battery sector, these measures are the
In recent years, the energy storage battery export sector has emerged as a critical pillar of the global renewable energy transition. This article analyzes key market trends, regional demand hotspots, and
U.S. Energy Secretary Chris Wright said on Tuesday that ship traffic in the Gulf and oil exports through the Strait of Hormuz are rising even as Washington and Tehran struggle to reach a
Battery storage is the fastest growing power technology today. In 2025, 108 GW of new battery storage capacity was deployed worldwide, 40% more than in 2024. Installed capacity is now eleven times
In May, within just one week, energy storage companies including Sineng Electric, Inovance Technology, CMSTD, CORNEX New Energy, Trina Storage, Sigenery, SVOLT, and Wincle
Oil Market Report - April 2026 - Analysis and key findings. A report by the International Energy Agency.
The 90% of the energy storage market held by China, the Americas, and Europe in 2024 is expected to reduce thanks to rising deployment in the Middle East and Africa and other emerging
At the prairie town that calls itself the pipeline crossroads of the world, some 400 oil storage tanks sprawled across Cushing, Oklahoma, are nearly empty, drained by refiners worldwide
Japanese consumer electronics giant Panasonic intends to convert its electric vehicle (EV) battery cell manufacturing facility in Kansas, US, to produce batteries for data centre applications, beginning Q3
Iran''s oil exports fell to their lowest level in at least six years in May as the U.S. naval blockade continued to choke off crude shipments and leave tens of millions of barrels stranded at sea.
To support the global transition to clean electricity, funding for the development of energy storage projects is required. Pumped hydro, batteries, hydrogen, and thermal storage are a few of the
The trajectory of energy storage exports this year is poised for remarkable growth, influenced significantly by various factors such as technological advancements, supportive
This article provides a comprehensive analysis of the unprecedented surge in Chinese energy storage exports to the Middle East, Australia, and Europe in the first five months of 2025.
In 2025, US energy storage sector experienced a turbulent ride as the Trump administration took significant action to roll back and eliminate key clean energy investment
The 32 Member countries of the International Energy Agency unanimously agreed today to make 400 million barrels of oil from their
Global energy storage additions are on track to set another record in 2025 with the two largest markets – China and US – overcoming adverse policy shifts and tariff turmoil. Annual
China''s exports of batteries and battery energy storage systems (BESS) have hit a record in 2025, soaring by 24% from the year before over the first nine months of the year.
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