Ranking of foreign new energy storage companies

Including Tesla, GE and Enphase, this week’s Top 10 runs through the leading energy storage companies around the world that are revolutionising the space. Whether it be energy that powers smartphones or even fuelling entire cities, energy storage solutions support infrastructure that acts as a foundation to the world around us.

These companies have secured top positions in the global energy storage battery market. However, venturing into international markets presents challenges, including regulatory disparities, localized product demands, and certification requirements.

As for small-scale energy storage projects, CATL, REPT, EVE Energy, BYD, and Great Power shipped the most. The top 5 list remained unchanged in the first three quarters of 2023. The CR5 rose by 0.4% from 84.7% in the first three quarters to 85.1% throughout the year.

The latest 2024 Energy Storage System Integrator Report released by market insight company, S&P Global Commodity Insights, reveals that Trina Storage has secured a position among the Top 10 energy .

Trina Storage is ranked among global top 5 storage providers and integrators for its solid financial position, high-quality energy storage products and services, and globally stable supply chain capability in the Energy Storage System Cost Survey 2023 report issued by BloombergNEF.

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6 FAQs about [Ranking of foreign new energy storage companies]

Which energy storage projects shipped the most in 2023?

As for small-scale energy storage projects, CATL, REPT, EVE Energy, BYD, and Great Power shipped the most. The top 5 list remained unchanged in the first three quarters of 2023.

Which countries have a high energy storage capacity?

As of 1Q22, the top 10 countries for energy storage are: the US, China, Australia, India, Japan, Spain, Germany, Brazil, the UK, and France. However, many other countries are speeding up their deployment of projects in increasingly dynamic markets. In Latin America, Chile has pledged to double its battery energy storage capacity to 360 MW by 2023.

What will be the future of energy storage?

In addition, we think that two major energy storage system (ESS) products will be launched and that at least one large-scale two- or three-wheeled-vehicle company will announce a vehicle model powered by sodium-ion batteries. Solid-state batteries progress, with new announcements potentially adding more than 40GWh.

Is energy storage gaining momentum around the world?

Around the globe, energy storage has been gaining momentum with more projects being deployed. The US is the market leader in terms of deployed energy storage projects with almost 100 GW deployed by the end of 2021.

Which energy companies have the most GWh shipments?

BYD and EVE Energy followed closely each with shipments of over 25 GWh, while REPT BATTERO and Hithium each ranked fourth and fifth with shipments of over 15 GWh. Despite intense price competition, the leading companies demonstrated significant cost control advantages, reinforcing the "the strong get stronger" pattern.

What is BNEF energy storage tier 1?

BNEF is a leader in global renewable energy research, and the BNEF Energy Storage Tier 1 list is widely recognized within the industry as the authoritative ranking of energy storage manufacturers.

Ranking of foreign new energy storage companies