The Energy Storage Report 2024

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Pylontech ranked No.1 residential energy storage system provider by S&P Global Commodity Insights

By Pylontech

2022 Residential Energy Storage System Provider Market Share

Pylontech has been ranked No.1 residential battery energy storage provider by shipments by S&P Global Commodity Insights in its recently published 2022 energy storage index.

The company has experienced an impressive growth trajectory over the last ten quarters, marked by consistently growing shipments. Based on its strength in R&D and manufacturing capability ranging from cells to systems, Pylontech products now have a global footprint across more than 80 countries and regions, with over one million energy storage systems commissioned.

“The market experienced a more-than double increase in 2022 compared to the previous year,” commented Geoffrey Song, VP for international business. “Global collaboration is vital to the current and future development of the industry. Under the ideology of free trade, companies from different countries each contribute their unique advantages, including those from China, who maintain well-managed supply chain resources to produce and deliver products, even during difficult periods. We look forward to continued success through collaboration.”

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