Focus: What are the next steps for commercial and industrial energy storage following the shocking price of 0.486 CNY/Wh?
Recently, a previously quiet energy storage company in the industry launched a commercial energy storage product at an astonishing price of 0.486 CNY/Wh, sparking widespread discussion within the sector. Analyzing the BOM (Bill of Materials) costs across various components suggests that this price may have fallen below the survival threshold for many companies.
In the early stages of the new energy storage industry, cost reduction has been a welcomed trend, especially for end-users and investors with genuine needs. Rapidly declining costs imply that energy storage technologies will become more acceptable to customers, which in turn will accelerate the industry’s path toward large-scale development.
However, in some regions, the lure of market policies has led numerous companies to rush in for short-term profits, often at the expense of stability in market competition. Some businesses, in their quest for rapid market share growth, have sacrificed their profits, which may lead to an unstable competitive environment. The energy storage industry is likely to enter a self-cleansing phase, where companies that rely solely on low prices for survival may be eliminated during market adjustments and technological iterations.
In particular, in the commercial and industrial energy storage segment, competing purely on price may result in the influx of substandard products that compromise performance and increase safety risks, posing threats to users’ lives and property. Any accidents could lead to significant losses for companies and adversely affect the overall progress of the energy storage sector.
As a professional asset management firm backed by state capital, Huaxia Financial Leasing emphasizes that the energy storage industry must not chase short-term gains but rather focus on product quality and safety, while valuing the professionalism and full lifecycle service capabilities of energy storage integrators. “For battery cells, we insist on using top global suppliers, foregoing certain brands that offer supposedly better cost-performance ratios. This high level of investment is solely to provide our clients with the best energy storage solutions,” said a representative.
This seemingly “stubborn” commitment has enabled Huaxia Financial Leasing to create numerous safe and efficient energy storage projects, earning the trust of clients.
On April 16, 2025, Huaxia Financial Leasing Co., Ltd. will host the 2025 Huaxia Financial Leasing Commercial Energy Storage Ecological Partner Conference in Hangzhou, themed “Pooling Strength for New Opportunities in Energy Storage, Building a Green Ecosystem Together.” At this event, Huaxia Financial Leasing will unveil a significant cooperation plan for energy storage projects, collaborating with industry peers to tap into the trillion-yuan market for commercial and industrial energy storage.
Event Details:
Date: April 16, 2025
Location: Hangzhou, Zhejiang
Organizer: Huaxia Financial Leasing Co., Ltd.
Co-organizers: North Polar Power Network, North Polar Energy Storage Network
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/future-directions-for-commercial-energy-storage-after-the-0-486-yuan-wh-breakthrough/
