CATL & IRENA Report: Lithium Battery Energy Storage Most Economical, 'PV+ESS' Best Green Power Combo

Published: Nov 30, 2025 21:32

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[CATL: Lithium Battery Energy Storage Has Become the Most Economical Energy Storage Technology Today] CATL, at the China Pavilion of the 30th United Nations Climate Change Conference (COP30), jointly released the "PV and Energy Storage Facilitating Energy Transition" report with IRENA. The report indicates that lithium battery energy storage has become the most economical energy storage technology currently available, and "PV+ESS" constitutes the most cost-effective green power combination. It recommends that countries set national targets for energy storage installations to promote the coordinated development of renewable energy and energy storage.

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