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From product export to standard export: China

Against the backdrop of global energy transition, energy storage technology, as one of the key technologies supporting large-scale access and efficient utilization of renewable energy, is ushering in unprecedented development opportunities. Chinese energy storage companies, with their outstanding performance in technological innovation, market expansion, and standard setting, are gradually changing the competitive landscape of the global energy storage industry and enhancing China's voice in the global energy storage field.


In recent years, Chinese energy storage companies have shown particularly impressive performance in the global market. Taking 2023 as an example, Chinese companies account for 65% of global energy storage battery shipments, which not only demonstrates the strong strength of China's energy storage industry, but also reflects the competitiveness of Chinese companies in the global market. The winning bid rate of Chinese companies such as Huawei and Sunac in large-scale energy storage projects in Europe and America exceeds 50%, which further proves the recognition and influence of Chinese energy storage technology in the international market.


In addition to expanding their products overseas, Chinese energy storage companies are actively promoting the standardization of their products overseas. The IEC "Safety Standards for Electric Energy Storage Systems" led by China has become an internationally recognized standard, which not only provides strong technical support for Chinese energy storage enterprises to go global, but also occupies an important position for China in the formulation of global energy storage standards. The formulation and promotion of standards not only help to enhance the international influence of China's energy storage technology, but also promote the standardized development of the global energy storage industry.


In addition, Chinese energy storage companies are actively exploring mode output. The 1.3GWh project in Saudi Arabia's Red Sea New City adopts the overall solution of China's "photovoltaic storage microgrid". The successful implementation of this project not only demonstrates the strong capabilities of Chinese energy storage enterprises in system integration and scheme design, but also provides valuable experience for China's energy storage technology to go global. Through pattern output, Chinese energy storage companies are sharing their technological advantages and experience with global partners to jointly promote the development of the global energy storage industry.


From product export to standard export, and then to model output, Chinese energy storage enterprises are gradually mastering the right to define the industry through the three in one output mode of "technology+standards+capital". This transformation not only enhances China's voice in the global energy storage field, but also provides strong impetus for the sustained development and innovation of China's energy storage industry. In the future, with the deepening of global energy transformation and the large-scale integration of renewable energy, Chinese energy storage enterprises will continue to leverage their advantages in technological innovation, market expansion, and standard setting, making greater contributions to global energy transformation and sustainable development.


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