In 2019, among new operational electrochemical energy storage projects in China, the top 10 energy storage system integrators in in terms of installed capacity were Sungrow, CLOU Electronics, Hyperstrong, CUBENERGY, Dynavolt Tech, Narada, Shanghai Electric Guoxuan, Ray Power, Zhiguang Energy Storage, and NR Electric.
The overall capacity of energy storage systems in China reached 34.5 GW, which translates into 74.5 GWh of power transmitted, a figure comparable to daily power consumption in Slovakia. The photo is sourced from Harmony Energy Income Trust Plc.
1. Energy Storage Technology Provider Rankings In 2019, among new operational electrochemical energy storage projects in China, the top 10 providers in terms of installed capacity were CATL, Higee Energy, Guoxuan High-Tech, EVE Energy, Dynavolt Tech, Narada, ZTT, Lishen, Sacred Sun, and China BAK.
And despite all the turmoil, the Chinese solar industry has the manufacturing capacity to meet the demand. Discover all statistics and data on Solar energy in China now on statista.com!
So there is a lot of uncertainty in the Chinese solar industry, but there are also irrefutable facts: China needs to continue to expand domestic solar capacity to reach its climate target. Similarly, global demand for PV products will not cease.
CNESA said in a new report that China added 21.5 GW/46.6 GWh of new energy storage installations in 2023, up 194% year on year. Most of this capacity came from lithium-ion batteries, accounting for approximately 95% of the total.