In October, the surge in overseas orders for China's energy storage companies continued unabated. According to incomplete statistics from EnergyTrend, domestic enterprises secured over 26 overseas energy storage orders in October, with a total capacity exceeding 24GWh, maintaining the previous strong growth momentum.
The overseas orders secured by Chinese companies in October exhibited several distinct characteristics. First, large-scale GWh-level orders became the norm, with 14 contracts exceeding 1GWh. Overseas markets remain the core focus for Chinese energy storage enterprises. Notably, in October, order deliveries and signings in Australia, Europe, and the Middle East stood out, with a significant increase in the frequency of large-scale order closures.
Second, substantial breakthroughs were achieved in emerging markets. While consolidating positions in traditional strongholds like Europe, America, and Australia, Chinese firms accelerated penetration into emerging markets such as South Africa, Latin America, and Southeast Asia. Tangible order placements have been secured, paving the way for further growth opportunities.
Notably, trade exhibitions emerged as key venues for order signings. At the end of October, the All-Energy exhibition in Melbourne, Australia, focused on clean energy technologies like photovoltaics and energy storage. It served as a key platform for companies to connect with demand and sign contracts on-site, finalizing numerous large and important orders.
In terms of competitiveness, companies are increasingly emphasizing “value competition.” While price remains fundamental, leading enterprises are focusing more on the full lifecycle value of products, safety, and building localized service capabilities. Competition has shifted toward a contest of comprehensive value.
Additionally, as the trend of photovoltaic-storage integration deepens, energy storage manufacturers with PV backgrounds (such as Trina Storage) leverage their established channel advantages to advance integrated photovoltaic-storage solutions, highlighting the synergistic benefits of this approach.
Representative Energy Storage Orders in October
These order characteristics are also reflected in the specific contract performance of major companies.
In October, overseas orders secured by domestic energy storage companies spanned Europe, Australia, the Americas, the Middle East, and Southeast Asia. These included both large-scale GWh-level projects and smaller commercial and industrial storage orders tailored for diverse applications.
Below are representative order details from select companies:
FoxESS: Signed combined 4GWh orders with Australian firms OSW and Solar Juice, covering grid-side and residential storage applications;
Canadian Solar: Secured over 2GWh of energy storage orders in Canada while commissioning a 220MWh project in South Australia;
Trina Storage: Won over 1GWh of orders in Europe and implemented a grid-forming 1GWh project in Chile, demonstrating synergies between solar and storage;
Hithium: Formed a 1GWh strategic partnership with Europe's Energy 3000 for commercial and industrial storage, aligning with overseas long-duration storage demand;
China National Nuclear Corporation: Signed a 1.2GWh integrated PV-storage project in Indonesia, including a 900MW solar plant, marking a major breakthrough for Chinese enterprises in Southeast Asia;
PotisEdge: During Australia's All-Energy exhibition, signed a 2GWh residential energy storage order with Club Solar, leveraging local channels to deepen penetration of the Australian residential storage market;
EVE Energy: Secured a total of 1.5GWh in orders across the European market, including a 1GWh project in Central and Eastern Europe;
ZOE Energy Storage: Signed a 400MWh order in Europe while initiating construction of a 6GWh energy storage factory in Hungary. Expected to commence operations in 2026, the facility will ensure long-term order fulfillment through localized production capacity;
BYD: Partnered with Mexico's Skysense on a 300MWh energy storage project.
Source：EnergyTrend