Global Scans · Energy storage · Weekly Summary

• [New] GIPCL plans to develop a 20 MW/120MWh battery energy storage system using VRFB technology at its 165 MW natural gas power plant in Vadodara. Energy-Storage.News
• JPMorgan projects energy storage will represent 30% of global lithium demand in 2026, rising to 36% by 2030. Firstlinks
• Global lithium demand is expected to grow approximately 14% in 2026, fueled primarily by electric vehicle adoption and expanding energy storage requirements. Yahoo Finance
• 2026 will be a critical juncture where semi-solid-state batteries are poised for volume growth across the consumer, power, and energy storage sectors, just as all-solid-state batteries begin installation verification. Gasgoo Auto News
• Global shipments of battery energy storage systems increased by 75.5%, reaching 421.2 GWh in 2025, with 600 GWh projected for 2026. Energy Industry Review

Last updated: 31 May 2026