The energy storage market underperformed expectations in Q4, resulting in a weak peak season with only a 1.3% quarter-on-quarter growth. The top 5 companies shipping the most in 2023 remained CATL, BYD, EVE Energy, REPT BATTERO, and Hithium.
Energy-storage cell shipment ranking: Top five dominates still. The world shipped 196.7 GWh of energy-storage cells in 2023, with utility-scale and C& I energy storage projects accounting for 168.5 GWh and 28.1 GWh, respectively, according to the Global Lithium-Ion
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
Three years into the decade of energy storage, deployments are on track to hit 42GW/99GWh, up 34% in gigawatt hours from our previous forecast. China is solidifying its position as the largest energy storage market in the world for the rest of the decade.
According to data provided by InfoLink, the global shipment scale of energy storage cells reached 196.7 GWh in 2023, with large-scale commercial and industrial energy storage and household energy storage accounting for 168.5 GWh and 28.1 GWh, respectively.
The top five companies with the highest shipment volumes in the first three quarters of 2023 remain the same as in the first half, namely CATL, BYD, EVE Energy, Rept Battero, and Hithium, all shipping more than 8 GWh.
Among them, CATL is firmly in the lead, with total shipments exceeding 65GWh, ranking first in a row. BYD and EVE both shipped more than 20GWh to maintain their market share advantage as before. REPT and Hithium won the 4th and 5th places.
PCS shipments to front-of-the-meter (FTM) energy storage siting accounted for over 50% of total global shipments over the forecast period (2023–30), with the United States and China mainland accounting for the majority of these shipments.
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.
In the list of the top 10 energy storage battery companies in 2023, the companies ranked 6th to 10th are Samsung SDI, LG New Energy, Guangzhou Great Power Energy and Technology, Gotion High-tech, and CALB.
The top five companies in total shipments in 2023 were CATL, BYD, EVE Energy, Rept Energy, and Hithium. The dominance of leading manufacturers almost remained unchanged, with CATL maintaining its position as the leader with shipments exceeding 70 GWh.
