Ranking of installed capacity of national energy storage companies

Which countries have the most grid-scale battery energy storage systems in 2023?

This treemap, created in partnership with the National Public Utilities Council, visualizes which countries had the most grid-scale battery energy storage systems (BESS) in 2023. China has nearly half the world’s grid storage battery capacity and keeps growing at a breakneck pace.

Which country has the most battery-based energy storage projects in 2022?

In 2022, the United States was the leading country for battery-based energy storage projects, with approximately eight gigawatts of installed capacity.

Which countries need more battery storage?

Ireland and Germany’s capacities only grew by 28% from the previous year. Meanwhile, South Korea’s capacity remained the same. The International Energy Agency estimates that 1,300 GW of battery storage will be needed by 2030 to support the renewable energy capacity required to meet the 1.5°C global warming target.

Which energy company has the most GWh installed in the world?

BYD ranks second globally with 98.5 GWh installed and a market share of 16.4%. LG Energy Solution follows in third place with 72.4 GWh, capturing 12.1% market share; CALB is fourth with 29.3 GWh and 4.9% market share; SK On ranks fifth with 28.5 GWh and a 4.8% share; while Panasonic ranks sixth with 25.7 GWh, holding a 4.3% market share.

What is the market share of electrochemical energy storage projects?

The market share of electrochemical energy storage projects has increased in recent years, reaching a capacity of 4.8 gigawatts in 2022. The energy storage industry shifted from mechanical storage to battery-based technologies in 2021. Get notified via email when this statistic is updated. Figures have been rounded.

Which country has the largest storage capacity?

California’s 8.6 GW is the largest capacity of any state and more than twice that of second-place Texas. Although Canada had only 0.4 GW of storage capacity in 2023, it quadrupled its capacity from the previous year. However, its 426% annual growth rate is still not the highest of the top 10 countries.