According to the authors of the newly released report, Türkiye and Australia are currently leading the world in the percentage of new wind and solar projects being built alongside energy storage systems. While major economies like China and the United States have the most total storage capacity, these specific markets are planning much higher shares of “colocated” projects to support their ambitious renewable energy goals.
The report states that “Türkiye and Australia have the highest share of planned wind and solar projects with colocated storage” and notes that “More than 80% of operating and under-construction BESS projects in Chile are colocated with wind and solar farms.”
In simple terms, colocation means building giant batteries at the same site as wind turbines or solar panels. This setup allows the facility to save extra power when the sun is shining or the wind is blowing and release it later when it is needed most. Countries like Türkiye, Australia, and Chile are using this approach to prevent energy waste and ensure their power grids stay stable as they move away from fossil fuels.
The report “Energy Storage Signals Shift to Renewable Grids” was published in March 2026 by the Global Energy Monitor. Prepared by lead author Ye Huang, the briefing analyzes the rapid global expansion of battery storage systems and their essential role in integrating variable wind and solar power into modern electricity grids.
