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A large-scale battery storage project in China, which is set to remain the world's biggest market by country this decade according to BNEF. Image: Hyperstrong.

Energy storage market grew faster than ever in 2023, BESS was most invested-in energy tech, according to BNEF, IEA

April 25, 2024
According to IEA and BloombergNEF, battery storage was the most invested-in energy tech, with biggest-ever growth in deployments recorded.
Flow battery demonstration plant in Hubei, China, where the world's biggest VRFB system, at 100MW/400MWh, went online recently. Image: VRB Energy.

Rising flow battery demand ‘will drive global vanadium production to double by 2031’

June 8, 2022
Vanadium redox flow battery industry poised for significant growth in the coming years according to new forecasting.
Newsletter

Most Popular

Spearmint Energy secures US$450 million for 600MWh Texas BESS project

Non-lithium players Eos and ESS lean on future of US LDES deployment in Q1 2026 financials

US ROUNDUP: BESS project advancements from OCI Energy, MN8 Energy, GridStor, Grenergy

US startup Antora deploys 5GWh thermal energy storage system at biofuels facility in South Dakota

Sunraycer closes US$901 million financing for three Texas solar-plus-BESS projects

EU Project Roundup: Neoen, Nofar, Enka, Return, RWE, Repono and others progress 3.3GWh of BESS capacity

Upcoming Events

The Impact of Germany’s Ramp Constraints and Grid Limitations on the Energy Storage Business Case

June 2
 - June 2
, 2026
10am BST / 11am CEST

RE+ South Africa

June 2
 - June 4
, 2026
Johannesburg, South Africa

Energy Storage Summit At The Battery Show Europe

June 9
 - June 11
, 2026
Stuttgart, Germany

How solar IPPs hybridise: Lessons for solar-plus-storage design and operation, with Sonnedix

June 10
 - June 10
, 2026
3pm BST / 4pm CEST

ESS Europe 2026

June 23
 - June 25
, 2026
Munich, Germany

Clean Power 2030 Summit | UK Solar Summit 2026

June 30
 - July 1
, 2026
Novotel London West, London, UK