According to Energy Vault, the investment will be provided by a leading multi-billion-dollar infrastructure fund, and is expected to unlock more than $1 billion in capital expenditures to accelerate the deployment of 1. 5 gigawatts (GW) of energy storage projects in the U.
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The UK grid-scale battery storage market grew 45% by operational capacity in 2025, with 4GWh coming online during the year, bringing total operational capacity to 12.
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In an effort to secure its long-term energy future, the government has unveiled plans for a $1. 5 billion public tender that will introduce 1. 5 GW of new generation capacity, with a heavy emphasis on renewable energy integrated with storage systems.
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The approved projects represent a total discharge capacity of 28. 7GW and feature a range of storage technologies including lithium-ion (Li-ion) batteries, flow batteries, pumped hydro storage (PSH), liquid air energy storage (LAES) and compressed air storage.
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