Global Scans · Energy storage · Weekly Summary

• [New] The African Development Bank has approved USD 66 million (EUR57.6m) in financing for the first phase of the Dandara project in southern Egypt, which will include 500 MW of solar and a 100-MWh battery energy storage system. Renewables Now
• [New] BloombergNEF forecasts growth in energy storage battery demand 27% higher than estimates made just one year earlier, attracting interest from numerous automotive manufacturers. E-TECH EUROPE 2026
• [New] A new long-duration energy storage system to be constructed in Arizona by Energy Dome and Salt River Project will be able to provide 19 MW for 10 hours, or enough electricity to power about 4,200 homes for 10 hours. National Conference of State Legislatures
• [New] Growth in Li-ion battery sales in the coming decade will continue at a compound annual rate of about 30%, driven by EVs and energy storage systems to 4,000-4,500 gigawatt-hours by 2030. Global Market Insights Inc.
• [New] BloombergNEF highlighted the growing role of battery storage, with demand for stationary energy storage systems expected to increase by 27% between 2025 and 2035 compared with previous forecasts. Green Building Africa
• [New] The growth forecast now exceeds 610 gigawatt-hours of energy storage installations by 2030. Yahoo! Finance
• Energy Storage Monitor expects favorable tax policy and large-load demand for colocated and behind-the-meter storage to lift installation volumes over the next several years, as U.S. battery manufacturing capacity grows. Yahoo! Finance
• The London-based energy consultancy and U.S. clean energy trade association see cumulative installed U.S. energy storage capacity reaching 200 GW/655 GWh by 2031, a four-fold increase from today. Yahoo! Finance
• The energy storage boom is strengthening the demand outlook for lithium and related battery materials in 2026, with analysts expecting global lithium demand to grow substantially in 2026. BOSA lithium battery
• Findings from the National Renewable Energy Laboratory emphasize that balancing highly renewable power sectors will require scaling grid-scale and distributed diurnal energy storage capacity up to 200 gigawatts by mid-century. Market Data Forecast
• Analysts expect energy storage deployments of 13.8 GWh for the quarter - a 36% increase from Q1's 8.8 GWh - as Tesla's Megafactory Shanghai approaches capacity. Tech Times
• Countries capable of combining: renewable energy, nuclear power, smart grids, AI-based optimization systems, energy storage, semiconductor infrastructure and advanced cooling technologies will gain a decisive advantage in the emerging global order. Global Panorama
• Wood Mackenzie's latest report aligns with its previous US Energy Storage Monitor for Q1 2026, which forecast that the US energy storage industry will install around half a terawatt-hour of new capacity over the next five years. Energy-Storage.News
• Meeting rising electricity demand will require between 54 and 88 gigawatts of new wind, solar and energy storage capacity over the next 10 years, representing $200 billion in investment. Canadian Renewable Energy Association
• While energy storage retains eligibility for IRC Section 48 E through 2032, solar and wind projects now face significantly tighter timelines. Novogradac
• Global demand for natural flake graphite is forecast to more than double within a decade - rising from approximately 1.2 million tonnes in 2025 to nearly 3 million tonnes by 2035 - driven by the rapid expansion of electric vehicle production and battery energy storage. GlobeNewswire
• TL; DR The U.S. installed battery energy storage system fleet is on track to reach roughly 65 GW by the end of 2026, more than double its early-2025 level, which makes BESS end-of-life a near-term investment recovery priority, not a 2040 problem. Invrecovery
• UK energy regulator Ofgem is expected to announce decisions soon under its long-duration energy storage Cap and Floor support scheme, which is designed to help kick-start investment in large-scale storage projects. Electrek
• Lithium-ion batteries will be the most profitable application segment in 2026 to 2036, spurred by the fast-growing adoption of electric vehicles, grid-scale energy storage systems, and portable electronics. FactMr
• Conclusion Energy storage deployment is expected to continue expanding across the United States as renewable generation grows and grid reliability needs intensify. JD Supra
• Beijing has doubled its EV charging capacity target to 180 gigawatts by 2027 and made energy storage attachment mandatory for new renewable installations - creating a policy-guaranteed demand floor that operates independently of consumer EV adoption rates. A Whisky with Charles

Last updated: 19 July 2026