In December 2020, DOE released the ESGC Roadmap, the Department’s first comprehensive energy storage strategy to develop and domestically manufacture energy storage technologies that can meet all U.S. market demands by 2030. [pdf]
[FAQS about Doe starts grid energy storage]
Here’s where it gets juicy—the World Bank’s $300 million Lebanon Electricity Emergency Project aims to deploy 150 MW of storage by 2025. But wait till you hear about the underground salt cavern storage proposal near Tyre. [pdf]
Corporate funding for energy storage companies in 1H 2025 reached $9.1 billion across 55 deals, a 41% decrease year-over-year (YoY) compared to $15.4 billion in 64 deals in 1H 2024, as policy uncertainties and tariff announcements negatively impacted financing activities. [pdf]
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