Shipments of energy storage systems from Sungrow and Eve Energy are increasing dramatically

1. Eve Energy reported 7.7GWh of BESS shipments in 2022, indicating 36% year-on-year growth.
2. Eve Energy shipped 26.29GWh of battery cells for energy storage and BESS products in 2023.
3. In Q1 2024, Eve Energy’s energy storage shipments grew 113% to 7.02GWh, with plans to reach 50GWh for the full year.

In 2022, Eve Energy reported 7.7GWh of BESS shipments, showing a growth of around 36% year-on-year. The company manufactures battery cells for energy storage and has its own BESS products, shipping a total of 26.29GWh across both categories in 2023. In Q1 of 2024, Eve’s energy storage shipments grew by 113% to 7.02GWh, with a projected total of 50GWh for the year.

A significant portion of Eve’s energy storage shipments, estimated at 60-70%, are to the overseas market, indicative of China-based BESS providers increasingly gaining global market share. Sungrow, another key player in the field, saw growth in their energy storage business, which was discussed in an interview at Solar Media’s Energy Storage Summit EU in 2024. For a more in-depth look at Sungrow’s 2023 results, readers can refer to PV Tech.

Solar Media, the publisher of Energy-Storage.news, will be hosting the 2nd Energy Storage Summit Asia in Singapore on July 9-10, 2024. The event aims to provide clarity on the rapidly growing energy storage market, bringing together various stakeholders like generators, policymakers, banks, funds, off-takers, and technology providers. Interested individuals can visit the website for more information.

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