The energy storage sector reached new heights in 2023, as showcased at the annual Energy Storage Carnival and the release of the Global Energy Storage Shipment Rankings for Chinese Enterprises by the Electric Energy Storage Alliance (EESA).

EESA Chairman, Du Xiaotian, delivered a comprehensive summary of the global and Chinese energy storage industry’s developments in 2023, unveiling shipment data and rankings across various segments of the energy storage landscape.

According to EESA statistics, global installations of new energy storage systems reached 47.1 GW/103.5 GWh in 2023, with residential installations accounting for approximately 16.1 GWh.

Global shipments of energy storage batteries amounted to 219.29 GWh, while power conversion systems (PCS) reached 73.37 GW, and battery management systems (BMS) stood at 61.32 GW.

In terms of system-level shipments, Chinese companies supplied 32.56 GW/70.43 GWh of energy storage solutions globally (excluding residential systems), and contributed around 8.31 GWh to the global residential energy storage market.

At the product level, Chinese companies dominated the global market for energy storage batteries, accounting for a staggering 91% of the total shipments, amounting to 198.9 GWh. The shipment volume of PCS by Chinese firms stood at 49.38 GW, representing 67.3% of global PCS shipments.

Top global DC-coupled energy storage solution providers

Among the Chinese enterprises specializing in DC-coupled energy storage solutions, the top ten by shipment volume in 2023 were:

BYD Energy Storage

CATL (Contemporary Amperex Technology Co. Ltd.)

Hyper Strong

Narada Power Source

RelyEZ

iPotisEdge

Wetown Electric

Sly Battery

Ship Group

AlphaESS

Top global AC-coupled energy storage solution providers

The top 10 Chinese companies in AC-coupled energy storage solutions shipment volume for 2023 include:

Sungrow

CRRC Zhuzhou Institute

Envision Energy

XYZ Storage

Zhongtian Technology (ZTT)

Shandong Electrical Engineering & Equipment Group (SDEE)

REnergy Electric

Robestec

Kehua Tech

Zhiguang

Top global customer-side energy storage solution providers

In the ranking of global customer-side energy storage solution providers by Chinese enterprises for 2023, the top 10 include:

JD Energy

Sermatec

Hoenergy

Sly Battery

ZTT

Kehua Tech

NR Electric

Robestec

Legend Energy

AlphaESS

Top commercial and industrial (C&I) energy storage system providers

The top 10 Chinese companies providing C&I energy storage system solutions for 2023 are:

JD Energy

Huazhi Energy

Legend Energy

East

Robestec

Cloud Energy Cube

HITE Renewable Energy

Tianqi Hongyuan

Glory Energy Storage Tech

NR Electric

Top Chinese companies in the global energy storage battery market

In the ranking of global energy storage battery shipment volume by Chinese enterprises for 2023, the top 10 include:

Contemporary Amperex Technology Co. Ltd. (CATL)

BYD Energy Storage

EVE

REPT Battero

Hithium

Great Power

Gotion High-tech

CALB

Ganfeng Lithium

AESC

by evwind