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Home - Energy Storage - German storage industry back on growth path, says BVES – SPE
Energy Storage

German storage industry back on growth path, says BVES – SPE

solarenergyBy solarenergyMay 14, 2026No Comments1 Min Read
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After a significant decline in 2024, revenues of Germany-based energy storage companies grew substantially last year and are expected to rise further this year, according to market analysis from BVES. However, uncertainty in the sector continues to increase.

May 14, 2026
Sandra Enkhardt

By ESS news

According to an analysis by the Bundesverband Energiespeicher Systeme eV (BVES), revenues for the German energy storage industry will rise sharply in 2025, after a downturn last year, although the industry association says uncertainty in the sector is increasing.

Sales in the energy storage sector rose 31% year on year to €15.2 billion ($17.8 billion) in 2025, almost returning to 2023 levels, according to market analysis presented by BVES on Friday.

The association expects further growth this year, with sector turnover estimated at between €16 billion and €19 billion.

To read further, visit our ESS news website.

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See also  IEA says solar capital costs remain high in Southeast Asia – SPE
BVES German growth industry Path SPE storage
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