How many energy storage system integration companies are there

Are energy storage systems a Must-See for listed companies?

The integration of energy storage systems has also become one of the must-sees for many listed companies. Overall, the current energy storage system integration listed companies are mainly from lithium batteries, photovoltaics, power electronics and other new energy track companies, and there is a trend of accelerating entry.

Which energy storage systems are the most popular in 2021?

In 2021, Tesla accounted for a 5.3 percent share of the global energy storage integration system market, which combines the components of the energy storage technologies into a final system. NGK Insulator and Fluence accounted for the second- and third-largest market shares. Get notified via email when this statistic is updated.

How will the energy storage system business perform in 2022?

In 2022H1, the energy storage system business will achieve revenue of 2.386 billion RMB, an increase of 159.33%, with shipments of about 2gwh and a market share of about 11%. Among them, the household storage system shipped about 15,000 units. The gross profit margin in the first half of 2022 is 18.37%.

Can a system integrator save money?

By doing this, IPPs like NextEra in the US and Eco Stor in Germany (two examples) can save on the cost of hiring system integrators, and this approach accounts for a ‘significant share’ in some local markets, Shi and Rambli said.

How does vertical integration affect the market of system integrators?

Interestingly, another sort of vertical integration affecting the market of system integrators is IPPs in energy storage opting to build system integration capabilities in-house. That allows them to bypass system integrators entirely and buy directly from DC block manufacturers, notably those Chinese players listed above.

Who are the largest system integrators in the Bess industry?

Foreground and background images, respectively: BESS systems deployed by Sungrow and Tesla, the two largest system integrators globally according to S&P. We hear from S&P Global Commodity Insights analysts and a former Fluence executive about the major trends shaping the competitive landscape of system integrators in the BESS industry.