Several Chinese companies active in the energy storage space have recently released their financial reports for H1 2025, with the majority posting strong growth. Their energy storage business segments have been a key driver of that growth.
In a recent report from trade association Energy Storage Canada (ESC), energy storage was cited as “a critical component of future electricity grids” for the country.
Jeff Zwijack, associate director of energy storage at Clean Energy Associates, writes that BESS projects depend on the reliability of fully integrated systems, not just high-quality battery cells.
China has published a national plan to promote large-scale energy storage facilities, encouraging investment and broader participation in the electricity market.
Chinese energy storage companies active in the US face an uncertain future as federal policies encourage moves to reduce their supply chain involvement.
President of the Philippines, Ferdinand Marcos Jr., was in attendance as the country’s first ‘baseload’ power plant to combine solar PV and battery storage officially went into action.
China again dominated global battery storage deployments in August, accounting for two-thirds of what came online, but Europe, North America and Oceania/Australia had good months too.
It’s still to early to see the financial impact on energy storage suppliers in the wake of Trump’s tariffs and legislation, writes Solar Media analyst Charlotte Gisbourne, analysing their H1 revenues.
