A number of Chinese energy storage companies have released their 2025 annual earnings results and forecasts, revealing divergent performance.

Anita Li, vice president of Jinko ESS, reflects on a ‘transformational year’ in which the energy storage arm of the vertically integrated solar manufacturer continued to expand.  

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.

The battery storage arm of Canadian Solar expects to make between 7GWh and 9GWh of shipments this year, with the final figure dependent on trade policy developments.

CATL has filed a complaint in a US court against system integrator Powin for alleged non-payment of shipments of battery cells for BESS.

The new edition of the Battery StorageTech Bankability report reveals an increasing number of competitive providers, writes PV Tech Research analyst Charlotte Gisbourne.

Canadian Solar has reiterated guidance that it expects to ship between 1.8GWh and 2GWh of BESS equipment during 2023.

Canadian Solar shipped just under 900MWh of battery storage in 2021 but expects to double that figure this year. 

Microinverter supplier Enphase Energy posted strong Q4 2021 results last week that saw strong revenue growth, following high demand for its IQ microinverters and a 53% jump in orders of its IQ batteries compared with Q3 2021, despite supply chain constraints.

Canadian Solar has seen a “surge in demand for battery storage capacity,” CEO Dr Shawn Qu said, as the vertically-integrated solar PV company reported its latest quarterly financial results.