Burundi Energy Storage Shipment Ranking

Which energy storage cell manufacturers have the most shipments in 2024?

In the first three quarters of 2024, global utility-scale energy storage cell shipments reached 180 GWh, up 49.4% YoY. The top five manufacturers, CATL, EVE Energy, Hithium, CALB, and BYD, dominate the market, with the top two holding nearly 55% combined share. Hithium, CALB, and BYD each shipped over 10 GWh with similar volumes.

Which Korean companies have a low shipment volume?

Korean manufacturers Samsung SDI and LG, on the other hand, saw low shipment volumes, with their combined market share dropping to around 5%. In the utility-scale sector, the top five companies are CATL, EVE Energy, Hithium, REPT, and BYD. The top two predominated, with CATL shipping more than 40 GWh and EVE Energy shipping nearly 15 GWh.

What are the top 5 energy storage cell manufacturers in Q4?

The top five largest energy storage cell manufacturers in the first three quarters were CATL, EVE Energy, BYD, Hithium, and REPT BATTERO. Key market themes for Q4: stabilization, intensification, rises, downturns, and emergence.

Why is Great Power ranked eighth in the storage industry?

Great Power's significant boost in residential storage shipments has propelled its ranking to eighth. Downturns: Given the excellent performance of Chinese manufacturers, the market share of South Korean peers has been squeezed. SDI and LG rank tenth and eleventh in the industry, with their combined market share dropping.

What is the module shipment trend?

The module shipment trend this time mirrors that of cells, with near-rectangular formats dominating the majority of shipments. This includes both PERC and TOPCon, which together account for approximately 53% of the total.

How is the shipment data based on a manufacturer's data?

The shipment data for this ranking was based on InfoLink’s database and surveys conducted with manufacturers. If the statistics for a certain manufacturers are not fully accounted for, the shipment data is cross-verified using output and inventory estimates from individual manufacturers’ operations and InfoLink's statistics.