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Home - Energy Storage - Volta 2025 battery report shows falling costs driving global BESS growth – SPE
Energy Storage

Volta 2025 battery report shows falling costs driving global BESS growth – SPE

solarenergyBy solarenergyJanuary 27, 2026No Comments1 Min Read
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The Volta Foundation’s 2025 Battery Report shows that deployment of battery energy storage systems (BESS) exceeded 100 GW for the first time, as costs for off-the-shelf systems fell sharply and long-term storage and service agreements continued to evolve.

January 27, 2026
Tristan Rayner

By ESS news

The Volta Foundation has published its annual battery report for 2025, which now runs to a whopping 750 pages, with data and work from 120 battery experts from more than 90 institutions.

The report includes coverage of the global battery industry for electric vehicles, stationary storage and multiple other battery use cases, from supply chains to manufacturing and R&D.

The 2025 report notes that BESS deployment increased by 104 GW/257 GWh, for a global capacity of 267 GW/610 GWh, breaking the 100 GW barrier for the first time.

To read further, visit our ESS news website.

This content is copyrighted and may not be reused. If you would like to collaborate with us and reuse some of our content, please contact: editors@pv-magazine.com.

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See also  'Over-procurement' of LDES will impact the build-out of BESS for merchants
battery BESS costs driving falling global growth report shows SPE Volta
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