China accounted for 54% of global energy storage installations in 2025, totaling 106 GW, and is projected to contribute around half of the global capacity growth to 1,545 GW by 2034. The U.S. energy storage market also showed resilience with a 53% year-on-year growth in installations, driven by domestic manufacturing and state-level incentives. Utility-scale projects dominate the market, contributing 82% of last year's buildout.
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