中信证券：海外储能市场投资价值凸现 建议关注布局海外储能产业链电芯、PCS、系统集成等环节的头部厂商

Core Insights - The report from CITIC Securities indicates that the overseas energy transition is driving an increase in the share of renewable energy, which in turn is boosting the demand for flexible adjustment resources in the energy storage market, particularly in Europe and the United States [1] - CITIC Securities believes that the domestic energy storage industry chain has significant advantages, with the global market share of battery cells and energy storage systems continuing to rise [1] - Many overseas energy storage companies are highly dependent on the Chinese industry chain and are facing operational difficulties due to policy uncertainties [1] - The current timing presents a clear investment value in the overseas energy storage market, with a recommendation to focus on leading manufacturers involved in battery cells, PCS (Power Conversion System), and system integration within the overseas energy storage industry chain [1]