Batteries

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BESS boom - China's battery exports charge to new highs (www.reuters.com)

submitted 8 months ago by schizoidman@lemmy.zip to c/batteries@sh.itjust.works

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cross-posted from: https://lemmy.zip/post/53285066

China's exports of batteries and battery energy storage systems (BESS) have hit a record in 2025, soaring by 24% from the year before over the first nine months of the year.

Germany is the top overall market for China's batteries so far in 2025, with $10.5 billion in sales recorded just through September.

Battery exports to Saudi Arabia - by far the Middle East's largest battery buyer - are up nearly fourfold compared to 2024, while Latin America's top buyer Chile has posted a 320% rise in imports compared to 2024.

Oceania - driven mainly by Australia - and Africa - driven mainly by Nigeria, South Africa, the Democratic Republic of Congo and Egypt - have also posted steep expansions so far in 2025.

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[–] Hamartiogonic@sopuli.xyz 1 points 8 months ago

Saudi Arabia? What are they doing with all those batteries? Are they actually switching to solar even though they have all the oil they could ever burn?