It is more significance development for China's energy storage In 2023. The annual growth rate of new energy storage set a new record，with two years ahead of schedule achieve the national 14th Five-Year Plan target According to incomplete statistics from the China Energy Storage Alliance (CNESA) Global Energy Storage Database, in 2023, China added 21.5GW/46.6GWh of new energy storage, with a cumulative capacity of 34.5GW/74.5GWh.
Energy Storage System companies - Domestic Market
In the domestic market in 2023, the top ten Chinese companies shipment in terms of energy storage system were: CRRC ZHUZHOU INSTITUTE, HyperStrong, Xinyuan Intelligent Storage, Envision Energy, Electrician Era, Rongheyuan Storage, Goldwind Zero Carbon, Pinggao，XJ ELECTRIC, and Zhiguang Energy Storage.
Figure : Chinese Energy Storage System company Top 10 Shipments in Domestic Market in FY2023, in MWh
Energy Storage System companies- Global Market
In the global market in 2023, the top ten Chinese companies shipment in terms of energy storage system were: Sungrow, CRRC Zhuzhou Institute, HyperStrong, Narada Power, Envision Energy, Xinyuan Intelligent Storage, Electrician Era, Rongheyuan Storage, Goldwind Zero Carbon, and Pinggao.
Figure: Top 10 Chinese Energy Storage System companies in the Global Market in 2023, unit: MWh
Energy Storage System companies - Domestic User Side
In the domestic user-side market in 2023, the top ten Chinese companies shipment in terms of energy storage system were: Singularity Energy, BYD, Cairn Energy, Hongzheng Energy Storage, Zhongtian Energy Storage, Wotai Energy, Kehua Data Energy, Nari Relay, Zhiguang Energy Storage, and Rongheyuan Storage.
Figure: Top 10 Chinese Energy Storage System companies in the Domestic User Side Market in 2023, unit: MWh
Energy Storage System (DC) companies - Global Market
In the global market in 2023, the top five Chinese companies shipment in terms of energy storage system (DC) were: BYD, Yuanxin Energy Storage, Jingkong Energy, Zhongtian Energy Storage, and Kunyu Power.
Figure: Top 5 Chinese Energy Storage System (DC) companies in the Global Market in 2023, unit: MWh
Lithium Batteries for Base Stations/Data Centers - Global Market
In the global market in 2023, the top five Chinese companies shipment in terms of lithium battery for base stations/data centers were: Shuangdeng, Narada Power, Kunyu Power, Sunwoda, and Yiwei Energy Storage.
Figure: Top 5 Chinese Suppliers of Lithium Batteries for Base Stations/Data Centers in the Global Market in 2023, unit: MWh
Source: CNESA