Huan Qiu Wang·2025-07-29 02:16Core Insights - The global energy storage industry is entering a new cycle characterized by market competition and a shift from scale expansion to value cultivation [3] - Eight energy storage companies have disclosed their performance forecasts for the first half of 2025, with four expecting net profit growth exceeding 40% and one company turning a profit [1] Industry Overview - The global installed capacity of energy storage is rapidly increasing, leading to a significant rise in battery shipments, with a reported 258 GWh shipped globally in the first half of 2025, a year-on-year increase of 106% [3] - Domestic manufacturers in China shipped 252 GWh, marking a 109% year-on-year growth, solidifying their dominance in the global market [3] - The market concentration among leading manufacturers is increasing, with high capacity utilization rates reported among battery manufacturers [3] Investment Trends - There is a surge in investment enthusiasm, with 27 new projects signed, started, or completed in the energy storage system integration segment in China during the first half of the year, totaling over 55 billion yuan [4] - The expansion reflects a positive outlook for global energy storage market growth, with intensifying competition driving market share concentration [4] - Leading companies are increasing investment in new technology research and development, focusing on large-capacity battery cells and vertical integration into downstream operations [4] Emerging Markets - The demand distribution for global energy storage is changing, with emerging markets showing significant growth, particularly in large-scale projects delivered in countries like Chile and Australia [4] - Companies are developing energy storage products suitable for computing scenarios to adapt to the evolving demand landscape [4] - The energy storage industry is expected to develop healthily, supporting global energy transition and digital economy growth [4]