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Data Center Energy Storage Market to Reach $18.6 Billion by 2035, Driven by Google and Meta’s Large-Scale Iron-Air and SOFC Technology Commitments

Implied Market Research Firm Global
Overview
The data center energy storage systems market is projected to reach $18.6 billion by 2035, propelled by major tech commitments, including Google’s agreement with Xcel Energy for 300 MW of Form Energy iron-air battery storage in Minnesota and Meta’s reservation of up to 1 GW/100 GWh of ultra-long duration storage from Noon Energy. This growth highlights the critical role of 100+ hour energy storage, utilizing reversible solid oxide fuel cells (SOFCs) and carbon-based storage, to meet data center uptime demands and renewable energy integration needs.
In Depth

Key Findings

This article provides an overview of a market research report. The data center energy storage systems market is projected to reach $18.6 billion by 2035, driven by significant investments from major technology companies, such as Google’s agreement with Xcel Energy to add 300 MW of Form Energy iron-air battery storage in Minnesota (February 2026) and Meta’s reservation of up to 1 GW/100 GWh of ultra-long duration storage from Noon Energy (April 2026).

Report Overview

Titled “Data Center Energy Storage Systems Market to Hit USD 18.6 Billion by 2035,” this report focuses on the impact of data center growth on energy storage systems, particularly highlighting the importance of long-duration energy storage (LDES) technologies. It analyzes key drivers, technological trends, and major market players.

Key Research Findings

  • **Market Size Projection:** The data center energy storage systems market is projected to grow to $18.6 billion by 2035.
  • **Google’s Investment:** Google and Xcel Energy have agreed to implement 300 MW of Form Energy iron-air battery storage to support data centers in Minnesota.
  • **Meta’s LDES Reservation:** Meta has reserved up to 1 GW/100 GWh of ultra-long duration storage from Noon Energy, which utilizes reversible solid oxide fuel cells (SOFCs) and carbon-based storage to provide over 100 hours of energy storage.

About the Publisher

Specific information regarding the publisher of this report is not provided, but it is inferred to be a market research firm specializing in the analysis of energy market and technology trends. The information presented indicates how the increasing energy demand from data centers is accelerating the development and adoption of innovative long-duration energy storage solutions.

Source: https://www.facilitiesdive.com/news/google-to-buy-energy-from-solar-storage-project-at-former-coal-mine/829849/

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