Battery Storage Grew 66% In 2025. China Now Controls Nearly Half The growth of battery storage capacity in 2025 was remarkable, with a 66% increase that sent shockwaves through the industry.
China emerged as a dominant force, driven by factors such as falling lithium ion battery costs, increasing demand for renewable energy, and government pushes for energy independence. What's Behind the Growth?
The decreasing cost of lithium ion batteries has been a major contributor to this growth.