In 2024, the world added 77GW of battery storage, a 75 per cent jump from the previous year, with nearly 80 per cent of it built for large-scale renewables, according to the IEA. Renewable energy company Masdar plans to build a solar plant in Abu Dhabi that will rely on a 19 gigawatt hours battery system to stabilise its solar power © Masdar
One European battery maker said it would have to switch some of the components that it was sourcing from China to other parts of Asia, adding that sourcing purely from the US would be difficult. Jones of Ember argues that the fundamental solar trend remains strong, despite political interventions.
In a symbolic project, Masdar, the Middle East’s largest renewable developer, early this year announced plans for a 24/7 solar plant in Abu Dhabi that will rely on a 19 gigawatt hours battery system to stabilise its abundant solar power. The enormous battery capacity is enough to supply the United Arab Emirate’s power needs for an hour.
Despite the cooling in China and the US, emerging economies across Asia, Sub-Saharan Africa and the Middle East are likely to see bigger gains, with Saudi Arabia among the most significant because of cheaper solar panels imported from China and the government’s effort to diversify away from oil.
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