Market Leader: Clarios led with over 10. Leading Players: Top 5 players in this market include EnerSys, Exide Industries, C&D Technologies, Clarios, GS Yuasa International, GS Yuasa International, which collectively held a market share of 35% in 2025.
Renewable energy sources like solar and wind currently waste 15-20% of generated power due to mismatched supply-demand cycles. The Nicosia Energy Storage Project (NESP), operational since Q1 2025, tackles this head-on through Cyprus's bold policy framework.
The Building Energy Efficiency Standards (Energy Code) include requirements for solar photovoltaic (PV) systems, solar-ready design, battery energy storage systems (BESS), and BESS-ready infrastructure. A solar PV system is prescriptively required for all newly constructed buildings.
Set to work under a full engineering, procurement and construction (EPC), Wartsila will supply and install 27 units of its Wartsila GridSolv Quantum modular energy storage system.
While air cooling systems may offer advantages in terms of cost and convenience, liquid cooling provides significant benefits in terms of efficiency, stability, and noise reduction, making it the preferred choice for high-demand energy storage projects.
Kenya's dominance in the energy storage market is driven by its strategic position within East Africa, its expanding renewable energy capacity, and significant government support for green energy projects.