2023 solar container battery installed capacity

Latest analysis from SolarPower Europe reveals that, in 2023, Europe installed 17. 2 GWh of new battery energy storage systems (BESS); a 94% increase compared to 2022. 9GW last year, bringing the country’s total cumulative installed base to 17GW by the end of 2023. The figures have been released by the American Clean Power Association (ACP) trade group, which published its annual report on statistics. GW = gigawatts; PV = photovoltaics; STEPS = Stated Policies Scenario; NZE = Net Zero Emissions by 2050 Scenario. Some of the factors boosting storage are the Inflation Reduction Act’s investment tax credit for standalone energy storage and the boom in solar. It represents lithium-ion batteries (LIBs) - primarily those with nickel manganese cobalt (NMC) and lithium iron phosphate (LFP) chemistries - only at this time, with LFP becoming the primary.