Energy, Oil & Gas

UAE energy storage market set to reach $3.25bn by 2030: Trinasolar

DUBAI
UAE energy storage market set to reach $3.25bn by 2030: Trinasolar

The UAE’s battery energy storage market is forecast to reach around $3.25 billion by 2030, making the country one of the fastest-growing markets for energy storage in the Middle East and Africa, according to Trinasolar.

Jack Chen, Head of Energy Storage, MEA Region at Trinasolar, said the UAE market is expected to expand at a compound annual growth rate of 41.2 per cent between 2025 and 2030.

He made the comments to the Emirates News Agency (WAM) on the sidelines of Middle East Energy 2026 in Dubai.

Chen said the UAE is a strategic market for Trinasolar, the parent company of Trina Storage, which specialises in energy storage systems and solutions.

The company operates its Middle East and Africa regional headquarters in Dubai.

The wider Middle East battery energy storage market is estimated to have between 2 and 3 gigawatt-hours (GWh) of installed capacity in 2026, with a total system value of between $600 million and $900 million.

Demand is currently concentrated in the UAE, Saudi Arabia and Qatar.

Chen expects the regional market to grow by between 20 and 25 percent annually through 2035.

Annual installations could reach between 15 and 25 GWh by the end of the forecast period, driven by growing adoption of utility-scale, commercial and industrial, and residential energy storage.

Trina Storage had surpassed 25 GWh in cumulative global energy storage system shipments by the end of June 2026.

Overseas shipments increased 250 percent year-on-year during the first half of 2026, highlighting growing international demand.

Confirmed orders across the Middle East and Africa and Asia-Pacific markets, excluding China, reached 4.92 GWh by June 2026, Chen said, reflecting accelerating demand for energy storage systems across international and Gulf markets.

Trinasolar is continuing to strengthen its UAE presence through investments in local technical support and customer service.

The group invested $314.1 million in research and development during the first half of 2026.

Trina Storage operates through 31 service centres covering more than 100 countries and regions, supported by more than 230 service engineers.

The company is also adding 20 GWh of new production capacity in 2026 to meet rising international demand, including from the Middle East.

Chen said Trinasolar is working with utilities, developers and engineering, procurement and construction contractors across the UAE and wider region as solar and storage deployment accelerates.

He added that the next phase of energy storage growth will depend on the sector’s ability to deploy systems at scale while meeting increasingly demanding technical and operational requirements.

Trina Storage is focusing on integrated solutions combining performance, reliability and flexibility to support the long-term expansion of renewable energy and storage projects.