Top 10 domestic energy storage integrators

Which battery system integrators are the most popular in China?

Huawei and BYD entered the top five battery system integrators globally last year, as the Chinese domestic market undergoes a "price war".

Are battery energy storage systems the leading technology for new projects?

Although several competing UES technologies with differing characteristics are matched for certain applications, battery energy storage systems (ESSs) are emerging as the leading technology globally for new projects. Thus, this Leaderboard is focused on battery technologies and the companies responsible for their integration.

How are energy storage companies rated?

These companies are rated on 12 criteria: vision; go-to-market strategy; partners; production strategy; technology; geographic reach; sales, marketing, and distribution; product performance; product quality and reliability; product portfolio; pricing; and staying power. Which companies are the leading global vendors for energy storage systems?

What are S&P Global's Top 5 system integrators?

The top five system integrators differs slightly to that put out by S&P Global recently as it only considers 2022 deployments, while S&P’s top five of, in order, Sungrow, Fluence, Tesla, Wärtsilä and Hyperstrong was based on cumulative installations to-date as of July 2023.

How has the Bess integrator market changed over the past year?

According to the report, market concentration has increased significantly in the North American BESS integrator market in the past year, mainly driven by Tesla, whose market share surged by 60% YoY. “Tesla has the energy storage industry’s most vertically integrated supply chain, from manufacturing hardware to providing energy storage solutions.

What is the future of energy storage?

With cumulative UES deployment revenue projected to exceed $188 billion by 2029, the market represents a significant opportunity. Driven largely by the increasing use of solar and wind generation, interest is mounting in energy storage to maintain grid stability and increase efficiency by allowing nonessential fossil fuel power plants to close.