Core Insights - The commercial energy storage market in China has experienced significant growth, with an expected increase in installed capacity of 2.95 GW and energy capacity of 7.02 GWh in 2024, representing a year-on-year growth of 427% in power capacity and 273% in energy capacity [1] Group 1: Market Trends - The commercial energy storage products are rapidly evolving due to diverse application scenarios, increased safety requirements, and the need for intelligent operation and maintenance [2] - The 314Ah large-capacity battery cells are widely adopted, with nearly 50% of the showcased products utilizing this cell type, which offers improved energy density and reduced cost per kilowatt-hour compared to the 280Ah cells [2] Group 2: Product Features - Modular design is becoming the mainstream choice for commercial energy storage products, allowing for compact integration of key components, reducing installation and maintenance costs, and enabling flexible expansion to meet dynamic load requirements across various industrial scenarios [3] - High-voltage systems are opening new scenarios for commercial energy storage, directly connecting to 10kV and above grids to meet the electricity demands of high-energy-consuming enterprises [4] Group 3: Safety and Intelligence - Safety is a critical focus for commercial energy storage products, with AI technology being integrated into project planning, operation, safety monitoring, and electricity trading to enhance safety and profitability [6] - Various companies are introducing innovative safety features, such as the "smart storage galaxy" system by New Source Smart Storage, which utilizes advanced cooling and fire protection technologies [6][15] Group 4: Company Innovations - BYD's new commercial energy storage product, Chess Plus, features a highly integrated design that supports flexible capacity expansion and incorporates intelligent operation systems to optimize load management [13] - The S³-EStore system by Kehua is designed with liquid cooling technology to maintain precise temperature control, enhancing safety and efficiency [15] - The eBlock-261 energy block by Singularity Energy employs a modular design for comprehensive energy management, applicable in various scenarios such as peak shaving and virtual power plants [19]