In 2025, BESS installations surpassed 320GWh, a y-o-y increase of over 50%. While this tells one-side of the story, the growth in cell and system shipments tells an even more significant one, writes Benchmark’s Iola Hughes.

Charlotte Gisbourne, market analyst at PV Tech Research discusses trends and movements in the Q1 2025 edition of the EnergyStorageTech Bankability Ratings report.

Chinese solar inverter manufacturer Sungrow not only continues to lead the global market for inverter shipments, the company’s energy storage business enjoyed huge growth in revenue during 2018.