Key facts
- Europe's battery storage installations are set to quadruple by 2030.
- Annual installations are projected to reach 138 GWh in 2030, up from 36 GWh in 2024.
- EU battery capacity is expected to reach 470 GWh by 2030.
- This capacity falls short of the 600 GWh needed for EU energy security and decarbonization objectives.
- Germany, the UK, and Italy lead the market, with Ukraine and Bulgaria showing the fastest growth.
Europe's battery storage installations are poised for significant growth, expected to quadruple by 2030, driven primarily by utility-scale projects, according to a new report by SolarPower Europe. Last year, the market saw 36 GWh of new installations, marking a 48% increase. Installations are projected to reach over 50 GWh this year and surge to as much as 138 GWh annually by 2030.
Within the European Union, total battery capacity is anticipated to increase sixfold to 470 GWh by 2030. However, SolarPower Europe estimates this figure falls short of the 600 GWh required to meet the EU's objectives for energy security, competitiveness, and decarbonization. Walburga Hemetsberger, CEO of SolarPower Europe, stated that while the market is moving in the right direction, it has not yet reached the necessary level.
Germany, the UK, and Italy continue to lead Europe's battery storage markets. Ukraine and Bulgaria have emerged as the fastest-growing markets, rounding out the top five. These top markets collectively accounted for 62% of all installations in Europe in 2025, indicating a diversifying expansion with increasing contributions from smaller markets.
Concurrently, the market for renewable energy sources co-located with battery storage is also expected to expand dramatically. Aurora Energy Research predicts this capacity will soar from 6 GW in 2025 to 35 GW by 2030 across 20 European markets. Germany, Great Britain, and Bulgaria have been identified as the most attractive investment locations for such co-location projects.