SolarPower Europe Report: European Battery Storage Expands
A new analysis from the latest European Market Outlook for Battery Storage shows that Europe experienced another record-breaking year for battery storage installations, even
Years of strong solar growth and high gas prices have increased electricity price volatility across the EU, strengthening opportunities for battery storage. In turn, batteries can increase power demand at peak solar times, supporting solar revenues.
Markus Elsaesser, the CEO of Solar Promotion GmbH (he/him), said: “Europe's solar success has laid the foundation – now battery storage is stepping into its pivotal role. With solar power surging across the continent, the need for flexible capacity has never been clearer, and batteries are ready to deliver.
Europe's battery storage growth in 2025 will largely depend on the commissioning of large-scale utility battery projects throughout the year. This segment is expanding rapidly and, for the first time, is expected to account for the majority of battery installations across the continent.
A new analysis from the latest European Market Outlook for Battery Storage shows that Europe experienced another record-breaking year for battery storage installations, even though the year-on-year growth rate has slowed.
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