Electric Battery

New battery storage capacity:10x Growth, 40 GWh/year by 2030

The prediction is that energy storage installations will surpass 400 GWh a year in 2030, which would be 10 times more than current annual installation capacity.Today’s energy storage installations may seem minimal compared to what they are expected to be in 2030, but they have been growing fast already. New energy storage capacity in 2022 was 60% higher than in the year before. 43 GWh were added last year. This year, 74 GWh are expected to be added, which would be 72% more than last year.

To read more visit – Cleantechnica

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