Energy storage integrators belong to the industrial internet

Are battery energy storage system integrators based in China?

Competition is intensifying in the rapidly evolving global energy storage market. According to Wood Mackenzie, the race in the Battery Energy Storage System (BESS) integrator market heated up in 2022, with the top five integrators accounting for 62% of the total BESS shipments (MWh). Notably, three of these leading companies are based in China.

Who are the leading system integrators?

rgy, NEC Energy Solutions, and Fluence have historically been the leading system integrators. In the future, the system integrator landscape will further diversify, primarily driven by energy storage inverter manufacturers expanding their presence, targeting solar-plus-storage applications and existing pl

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.

Are energy storage inverters a challenge to existing integrators?

With significant project pipelines dwarfing the existing installed base, energy storage inverter (power conversion system – PCS) manufacturers are expanding their presence targeting solar plus storage applications and existing integrators are challenging the incumbents.

Why are system integrators so important?

IHS Markit association director Julian Jansen examines what it is that system integrators do that makes them so vital to the industry and why the future ahead looks to be one characterised by growth, competition and consolidation.

Why is the Bess integrator industry gaining a competitive edge?

The BESS integrator industry’s competition has intensified due to significant policy developments driving the battery energy storage system market’s growth. Leading BESS integrators have been focusing on global expansion and supply chain vertical integration to maintain their competitive edge amid supply chain constraints.