Release of the 2025 Energy Storage Industry Research White Paper at the 13th International Energy Storage Summit

On April 10, 2025, the 13th International Energy Storage Summit and Exhibition (ESIE 2025) was grandly held at the Beijing Capital International Exhibition Center, organized by the Zhongguancun Energy Storage Industry Technology Alliance, the China Energy Research Society, and the Institute of Engineering Thermophysics, Chinese Academy of Sciences. During the opening ceremony, Mr. Chen Haisheng, Director of the Institute of Engineering Thermophysics and Chairman of the Zhongguancun Energy Storage Industry Technology Alliance, delivered a keynote report titled “Latest Developments and Prospects of China’s Energy Storage Technology and Industry.” This event also featured the significant release of the “Energy Storage Industry Research White Paper 2025” and the annual report on the energy storage installations and shipments of Chinese companies for 2024.

In 2024, the global energy storage market continued to experience rapid growth, with newly operational energy storage projects exceeding 80 GW, reaching a total of 82.7 GW, which represents a year-on-year increase of 59.0%. Notably, new types of energy storage accounted for nearly 90% of the new installations, with a total capacity of 74.1 GW/177.8 GWh, showing a growth of 62.5% and 61.9% respectively. China, the United States, and Europe remain the leaders in the global energy storage market, with their combined new installation capacity increasing to 90% of the total.

This edition includes a sharing of the PPT report on "Latest Developments and Prospects of China's Energy Storage Technology and Industry." For more reports from the "13th International Energy Storage Summit and Exhibition," please follow the WeChat account of the Zhongguancun Energy Storage Industry Technology Alliance.

On April 22, the Anhui Provincial Office for the Construction of Advanced Photovoltaic and New Energy Storage Industry Clusters issued a notice soliciting experts in the field. The requirements specify that candidates should possess a senior professional technical title or have extensive work experience and management capabilities, with a deep understanding of their respective fields and relevant laws, regulations, and policies.

Recently, Lin Yang Energy signed a strategic cooperation agreement with Sweden's Suntrade Group. The discussions focused on the potential development of the Nordic energy storage market, existing project development, and equipment supply collaborations. They aim to enhance project cooperation between 2025 and 2026.

The energy sector is witnessing a surge in demand for larger capacity and higher efficiency storage systems. The trend of "cost reduction and efficiency improvement" is driving the industry forward. Integrating ultra-large capacity batteries and enhancing system volume energy density are crucial strategies for achieving significant cost reductions. In this critical period of transformation in the energy storage industry, battery companies must innovate and upgrade to enhance their competitiveness.

On April 21, the Canadian Sunpower Group announced the successful completion of its 127 MW Bayou Galion solar power plant in northeast Louisiana. This project underscores the company's commitment to renewable energy and storage.

On April 21, a tender notice was published for a 6 GWh energy storage project in Inner Mongolia, with a bid price of 1.05 yuan/Wh. The project, which has a total scale of 1 GW/6 GWh, is being funded independently with a total investment of 6.3 billion yuan.

The commercial energy storage market has experienced explosive growth since 2023, driven by policy incentives, technological advancements, and market demand. The trend is expected to continue into 2025. In the first quarter of 2025, the installed capacity showed a year-on-year increase of 54.85%.

At the ESIE 2025 conference, Tesa showcased innovative solutions for energy storage, emphasizing the importance of safety and efficiency in battery manufacturing.

Trina Storage ranked among the top ten global energy storage system suppliers in 2024 based on shipment volumes, highlighting its strong system integration capabilities and global market presence.

The summit attracted significant attention, with various stakeholders from the energy sector participating to explore opportunities for collaboration and innovation in the field of energy storage.

As the energy storage market evolves, companies are increasingly focusing on high-quality storage solutions that ensure safety and efficiency. This shift reflects the urgent market demand for reliable energy storage systems.

In conclusion, the energy storage industry is on a robust growth trajectory, with key developments and strategic partnerships paving the way for a sustainable energy future.