Zheng Quan Shi Bao Wang·2025-09-18 01:09Core Insights - The 2025 World Energy Storage Conference was held in Ningde, highlighting significant growth in the energy storage sector, with a 1.35% increase in the storage index and a notable rise in stock prices of leading companies like CATL [1][2] - CATL's chairman announced that global new energy storage installations have increased by 11 times over the past five years, with China achieving a 20-fold growth, making it the largest energy storage market globally [1][3] - The Chinese government has set ambitious targets for energy storage installations, aiming for over 180 million kilowatts by 2027 and over 300 million kilowatts by 2035 [2][3] Industry Developments - The "New Energy Storage Technology Development Roadmap (2025-2035)" was released, outlining goals for the industry, including a focus on various storage technologies such as electrochemical, electromagnetic, mechanical, thermal, and hydrogen storage [2][3] - The National Development and Reform Commission and the National Energy Administration issued an action plan for energy storage, projecting direct investments of approximately 250 billion yuan by 2027 [3][4] Company Performance - CATL reported a cumulative R&D investment exceeding 80 billion yuan since 2014, with a patent portfolio of 43,000 applications expected to grow by 7,000 this year [1] - BYD achieved a revenue of 371.28 billion yuan in the first half of the year, with a net profit of 15.51 billion yuan, marking a 13.79% year-on-year increase [6] - Sunshine Power, a leader in energy storage systems, reported a revenue of 17.80 billion yuan, a 127.78% increase year-on-year, with energy storage revenue surpassing its solar inverter business for the first time [6] Market Trends - The energy storage sector is witnessing a shift from cost competition to value creation, with a focus on innovative business models that enhance economic viability [4] - A total of 20 energy storage concept stocks reported net profits exceeding 100 million yuan in the first half of the year, with CATL leading at 30.49 billion yuan [5][8] - The demand for lithium battery materials is expected to continue growing, driven by the high demand in the new energy vehicle and energy storage markets [7]