Top Battery Energy Storage System (BESS) Integrators in China

In March 2024, the Zhongguancun Energy Storage Industry Technology Alliance released its annual rankings for 2023, highlighting the top battery storage system integrators in China. These rankings cover various categories, including domestic and global market standings, user-side rankings, direct current (DC) integrators, and lithium batteries used in base stations and data centers.

I. Domestic Market Rankings

In the domestic market, the top ten battery storage system integrators in China for 2023 are:

1. CRRC Zhuzhou Electric Locomotive Research Institute – A leader in energy storage systems with a strong domestic presence.

2. HaiBo Science & Technology – Noted for its advancements and substantial market share.

3. Xinyuan Zhichu – Recognized for its innovative energy storage solutions.

4. Envision Energy – A major player in the energy sector with a significant market footprint.

5. Electric Power Times – Known for its comprehensive energy storage systems.

6. Ronghe Yuan Storage – A prominent name in energy storage integration.

7. Goldwind Zero Carbon – Specializing in carbon-neutral energy solutions.

8. Pinggao Group – A leading provider of energy storage systems with a broad market reach.

9. Xuji Electric – Renowned for its high-quality storage solutions.

10. Zhiguang Energy Storage – Notable for its innovative approach to energy storage.

II. Global Market Rankings

On the global stage, the top ten battery storage system integrators from China are:

1. Sungrow Power Supply – Leading the global market with its advanced energy storage solutions.

2. CRRC Zhuzhou Electric Locomotive Research Institute – Maintaining a strong global presence.

3. HaiBo Science & Technology – Known internationally for its cutting-edge technology.

4. Nandu Power Supply – Recognized for its global market contributions.

5. Envision Energy – A significant player in global energy storage.

6. Xinyuan Zhichu – Gaining global recognition for its energy storage systems.

7. Electric Power Times – Competing strongly on the international front.

8. Ronghe Yuan Storage – Expanding its global reach.

9. Goldwind Zero Carbon – Making strides in international energy storage markets.

10. Pinggao Group – Noted for its global energy storage solutions.

III. User-Side Market Rankings

In the domestic user-side market, the top ten battery storage system integrators are:

1. Singularity Energy – Leading the user-side energy storage segment.

2. BYD – A major player with a significant share in the user-side market.

3. CaiRi Energy – Known for its effective energy storage solutions.

4. Hongzheng Storage – Prominent in the user-side market.

5. Zhongtian Storage – A key provider of user-side energy storage.

6. Wotai Energy – Making a strong impact in the user-side sector.

7. Kehua Data – Recognized for its innovative energy storage solutions.

8. Nanrui Jibao – A leading name in user-side energy storage.

9. Zhiguang Energy Storage – Notable for its user-side storage systems.

10. Ronghe Yuan Storage – Gaining traction in the user-side market.

IV. DC Side Storage Rankings

Globally, the top five Chinese companies in the direct current (DC) side of energy storage are:

1. BYD – Leading the global market in DC energy storage.

2. Yuanxin Storage – Known for its expertise in DC energy solutions.

3. Jingkong Energy – Noted for its advanced DC storage systems.

4. Zhongtian Storage – A prominent player in the DC storage segment.

5. Kunyu Power Supply – Gaining recognition for its DC energy storage technologies.

V. Lithium Batteries for Base Stations/Data Centers

In the global market for lithium batteries used in base stations and data centers, the top five Chinese companies are:

1. Shuangdeng – Leading the market with high-performance lithium batteries.

2. Nandu Power Supply – Known for its reliable lithium battery solutions.

3. Kunyu Power Supply – A key player in the base station and data center battery market.

4. Sunwoda – Recognized for its innovative battery technologies.

5. EVE Energy – Making significant strides in the global battery market.

VI. Market Growth

As of the end of 2023, China’s installed power storage projects reached a cumulative capacity of 86.5 GW, reflecting a 45% year-over-year growth. Pumped storage capacity amounted to 51.3 GW, decreasing from 77.1% in 2022 to 59.4%. New energy storage installations reached 34.5 GW/74.5 GWh, marking an 18.2 percentage point increase, highlighting the rapid expansion and advancement of energy storage technologies in China.

These rankings illustrate the dynamic and competitive landscape of China’s energy storage industry, showcasing its growing influence both domestically and globally.