Battery Storage Boom: Global Shift to Clean Energy
Update: 2025-12-20
Description
Utility-scale battery storage is surging globally, with China leading the charge and the U.S. not far behind. Costs have plummeted, making these massive batteries a key player in stabilizing the power grid and integrating renewable energy sources like wind and solar. The U.S., despite past policy headwinds, is on track for a significant increase in battery capacity by year-end. Mexico is poised for a storage boom, while India faces investment and safety hurdles in its renewable energy transition. As the world shifts towards cleaner energy, those lagging in battery storage may find themselves stuck with fossil fuels longer.
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