Chinese energy storage companies have secured 20 overseas orders since the start of 2025, totaling 68.51 gigawatt-hours (GWh)—more than a quarter of their total overseas orders for all of last year.
Source: Xinhua Finance
Chinese energy storage companies have secured 20 overseas orders since the start of 2025, totaling 68.51 gigawatt-hours (GWh)—more than a quarter of their total overseas orders for all of last year. The figures, released by the Energy Storage Application Branch of the China Chemical & Physical Power Industry Association (CESA), reflect the strong global demand for China’s advanced energy storage technologies.
The rapid expansion of Chinese energy storage firms is backed by a thriving domestic industry. According to Xinhua Finance, as of February 25, 2025, China had 290,000 registered energy storage-related enterprises, with private businesses making up over 90% of the total. Chinese companies have increasingly positioned themselves at the forefront of the global market, supplying a significant share of the world’s energy storage solutions.
Industry research further underscores China’s dominance. A report jointly published by EVTank, the China Industrial Economic Research Institute, and the China Battery Industry Research Institute revealed that global energy storage battery shipments reached 369.8 GWh in 2024, a 64.9% increase year-on-year. Chinese companies accounted for 345.8 GWh, representing an overwhelming 93.5% of global shipments.
China’s energy storage sector is not only reshaping the global landscape but also emerging as a key driver of domestic economic growth. According to Bian Guangqi, Deputy Director of the Department of Energy Conservation and Science & Technology Equipment at the National Energy Administration (NEA), the industry has directly attracted nearly 200 billion yuan in project investments since the launch of the 14th Five-Year Plan (2021–2025). The rapid development of the sector has fueled the growth of industrial clusters and strengthened its role as a green engine for economic expansion.
Strong government backing has been crucial in accelerating this progress. The NEA’s 2025 Energy Work Guidelines, released on February 27, introduced measures aimed at addressing key industry challenges. These include enhancing market mechanisms to facilitate broader participation of new energy storage and virtual power plants, promoting innovation in long-duration energy storage technologies, and advancing research on critical industry issues. The guidelines also emphasize the importance of tracking pilot projects to ensure the effective deployment of new technologies. With strong policy support and rising global demand, China’s energy storage industry is poised to maintain its leadership and further expand its presence in international markets.
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