The wave of Chinese energy storage companies expanding overseas is surging, with Chinese enterprises leading the new global energy landscape.
“Chinese energy storage enterprises are collectively unleashing their comprehensive advantages in technology, cost, integration, and localization capabilities. Chinese enterprises not only rely on the mature technological and manufacturing foundation in China but also continuously accelerate their overseas layout, enhance local service capabilities, and build full - cycle capabilities from project implementation to operation and maintenance.
01 Chinese new energy enterprises are making continuous efforts in the global market and continuously winning large overseas energy storage orders
In July, CATL signed a framework supply agreement with Singaporean renewable energy developer Vanda RE, providing a total of 2.2 GWh of energy storage systems for its solar - storage integrated project in Indonesia; Indian renewable energy enterprise ACME Solar signed a procurement order for 3.1 GWh of energy storage systems with Narada Power and Trina Storage; Envision Energy reached an agreement with Australian renewable energy developer FERA Australia to jointly develop a hybrid renewable energy project with a target total installed capacity of 1GW of wind power and 1.5 GWh of energy storage...
Newly added overseas energy storage orders/cooperation scale and quantity of Chinese enterprises from January to June 2025
In 2025, energy storage enterprises are experiencing explosive growth in overseas markets. According to data from the Energy Storage Application Branch of the China Chemical and Physical Power Sources Industry Association, from January to May this year, the newly added overseas orders and cooperation of Chinese energy storage enterprises exceeded 144 GWh, a significant increase of 436.27% compared with the same period last year.
New energy power generation is volatile, and as the "new infrastructure" of energy, energy storage systems can more efficiently and flexibly achieve power supply and energy regulation. Driven by the goal of carbon neutrality, many regions around the world are accelerating the deployment of renewable energy, and the market demand for energy storage systems is also rapidly being released.
More and more Chinese enterprises are launching new overseas offensives around energy storage systems. From equipment output to system delivery, a new wave of going global has taken shape.
02 Energy storage goes global with multiple breakthroughs, and the global energy landscape is undergoing a profound reshaping
From Europe to Southeast Asia, from Latin America to the Middle East, the overseas expansion map of Chinese energy storage enterprises is constantly being updated with multiple breakthroughs. According to data from the Energy Storage Application Branch, from January to May this year, the total cooperation and orders of Chinese enterprises in the Middle East market reached as high as 33.95 GWh, making it the region with the highest growth; Australia followed closely with 30.17 GWh, accounting for 26.32%; the European market also reached 21.1 GWh, accounting for 18.39%.
Behind these high - growth markets is the dual - wheel drive of policy encouragement and market demand. For example, Saudi Arabia is fully promoting its "Vision 2030" and plans to achieve a renewable energy installed capacity of 58.7 GW by 2030, of which solar energy will account for 40 GW. Some industry institutions predict that Saudi Arabia has jumped to become one of the world's major energy storage markets. In Europe, as the proportion of renewable energy power generation continues to rise, the grid regulation and consumption capacity have increasingly become bottlenecks. Therefore, many countries have introduced incentive mechanisms for large - scale energy storage to accelerate the deployment of energy storage facilities to improve the flexibility of the power system and enhance energy security.
Large - scale energy storage projects are continuing to grow rapidly and have become the key target in the new stage of the "going - global competition." Enterprises will face not only competition in product quality and price but also a比拼 of comprehensive capabilities.
The Paper: Chinese PV and energy storage go global to the Middle East again
03 From product output to system - capability breakthrough
Compared with household and commercial - industrial energy storage systems, large - scale energy storage projects usually mean higher technical standards and more complex delivery processes.
Such projects are not only large in scale but also have long delivery cycles and high system integration difficulties. They put forward higher requirements for enterprises' product adaptation capabilities, system management capabilities, and operation and maintenance response mechanisms. At the same time, large - scale energy storage systems usually also serve grid regulation tasks, and a balance needs to be considered between operational stability and long - term investment returns.
Winning large - scale orders in a concentrated manner proves that in these high - threshold projects, Chinese energy storage enterprises are collectively unleashing their comprehensive advantages in technology, cost, integration, and localization capabilities. Chinese enterprises not only rely on the mature technological and manufacturing foundation in China but also continuously accelerate their overseas layout, enhance local service capabilities, and build full - cycle capabilities from project implementation to operation and maintenance.
Source: Carbon Storage Network
This also means that in the critical window period of reshaping the global energy structure, Chinese - funded enterprises are no longer just responsible for equipment production and export but are more deeply involved in leading project development and management, entering a new stage of going global. Currently, Chinese enterprises are participating in the construction of the global energy ecosystem in a more mature and stable manner, jointly promoting the green development of the global energy system.
Photo | Unsplash
This article is from the WeChat official account "Shanghai Council for the Promotion of International Trade (ID: CCPIT - SH)", reprinted by 36Kr Going Global with authorization. Please contact the original author if you need to reprint.
This article is from the WeChat official account "36Kr Going Global", author: Shanghai Council for the Promotion of International Trade, published by Qiantang with authorization.
