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Beam Global Announces Record Orders for Energy Storage Solutions in Early 2025
BEEMBeam (BEEM) GlobeNewswire·2025-03-06 11:00

Core Insights - Beam Global has reported a record-breaking increase in energy storage solutions (ESS) sales, with contracted orders in the first two months of 2025 nearly three times the total for the entire first quarter of 2024, indicating a 200% increase in new ESS orders [1][2][3] Company Overview - Beam Global is a clean technology innovator focused on sustainable infrastructure products and technologies, operating at the intersection of clean energy and transportation [4] - The company develops, patents, designs, engineers, and manufactures advanced clean technology solutions that enhance energy security and support electric vehicle (EV) infrastructure [4] Product Highlights - The Beam AllCell™ energy storage solutions utilize patented PCC™ technology, which allows for more power in a smaller and lighter battery while providing advanced thermal management capabilities to enhance safety [3] - The significant growth in ESS sales reflects strong market demand for Beam's advanced energy storage technology, driven by bespoke designs and superior safety features [2][3] Market Position - The CEO of Beam Global emphasized the importance of diversifying product offerings, particularly in light of uncertainties surrounding EV charging sentiment, and noted that the company is successfully expanding its business in Europe [3] - The increase in sales of energy storage solutions and other products in Europe serves as a positive indicator of the company's growth strategy [3]