Core Viewpoint - The article highlights the rapid growth of the global energy storage market in 2024, with a new installed capacity of 188.5 GWh, representing an 80% year-on-year increase. However, it also points out the severe market competition and product homogenization, with BYD Energy leading the market in terms of shipment volume for energy storage systems [3][12]. Group 1: BYD Energy's Market Position - BYD Energy has demonstrated strong competitiveness by continuously upgrading its energy storage systems, particularly the Cube system, which has secured the top position in China's energy storage system (DC side) global market shipment volume [3][12]. - The company has successfully won significant contracts in overseas markets, including a 2.5 GW/12.5 GWh super energy storage project for Saudi Arabia, marking it as the largest grid-side energy storage project globally [10][12]. - BYD's energy storage products have been exported to over 110 countries and regions, providing solutions for more than 360 projects, with over 75 GWh of commercial operation experience by the end of 2024 [18][19]. Group 2: Technological Advancements - The Cube system has undergone rapid iterations, with the latest version, MC Cube-T, launched in April 2024, featuring a capacity upgrade to 6.432 MWh and significant improvements in energy efficiency [22][28]. - BYD Energy has achieved a high level of safety for its products, being the first Chinese company to complete large-scale fire tests under CSA standards, demonstrating its commitment to product safety [23][28]. Group 3: Manufacturing and Supply Chain - BYD Energy's manufacturing capabilities are centered in Shengzhou, Zhejiang, where a world-class energy storage manufacturing center is being established to support large-scale project execution [31][32]. - The company has invested significantly in its Shengzhou facility, with a total investment of 130 billion yuan for its energy storage battery project, which has been completed in a remarkably short time frame [32][36]. Group 4: Strategic Expansion - BYD Energy is not only focusing on emerging markets like the Middle East and South America but also maintaining a strong presence in developed markets such as Europe and North America [17][18]. - The company’s strategy combines technological leadership, large-scale manufacturing, and a systematic approach to project execution, which has enabled it to continuously expand its market share and maintain its competitive edge [38][39].

Core Viewpoint - The article highlights the advancements and innovations in the energy storage industry showcased at the ESIE 2025 event, focusing on product launches, technological improvements, and strategic collaborations among leading companies. Company Dynamics - Companies are enhancing their soft power with a strong focus on AI integration to address industry pain points such as safety and operational efficiency. Notable examples include CATL's launch of the energy storage management platform "Tianheng Zhichu," and Sungrow's release of the "BM²T Battery Management Technology White Paper" [2][7][10] - The competition in large-capacity energy storage systems is intensifying, with companies introducing systems ranging from 6MWh to 8MWh. Examples include CRRC's 6.X energy storage battery cabin and EVE's 6.9MWh storage system [2][18][19] - The construction of an energy storage ecosystem is accelerating, with many companies emphasizing strategic partnerships and collaborations to develop storage projects and enhance product compatibility [2] Product Launches - Trina Storage launched the Elementa King Kong 3, featuring a 500Ah+ large-capacity cell, achieving a 12.5% reduction in levelized cost of storage (LCOS) compared to previous models [3][5] - CATL introduced the "Tianheng Zhichu" smart energy storage management platform, which utilizes AI and big data to enhance operational efficiency and reduce unplanned downtime losses by 75% [7][9] - Sungrow released the industry's first "BM²T Battery Management Technology White Paper," focusing on AI-driven battery management to improve grid responsiveness and safety [10][12] - BYD showcased a range of innovative energy storage products, including the MC Cube-T Pro ESS and Chess Plus commercial storage solution, designed for various applications [12][15] - CRRC's new 6.X energy storage battery cabin boasts a 38% increase in energy density and a 20% reduction in station investment costs [18] - EVE's 6.9MWh storage system features a 20% increase in energy density and a 10% reduction in pack costs [19][22] Technological Innovations - Trina Storage's Elementa King Kong 3 incorporates advanced safety features and real-time monitoring capabilities, achieving an energy efficiency of 87.13% in real-world tests [6][5] - CATL's platform can predict faults seven days in advance with an accuracy rate of over 99.99%, significantly enhancing operational reliability [9] - Sungrow's technology enables precise battery health monitoring and early warning for thermal runaway, achieving a prediction accuracy of over 99% [13] - EVE's new system employs a "透视者" technology for lifecycle monitoring and has achieved an operational efficiency exceeding 95.5% [22] Strategic Collaborations - Companies are increasingly signing strategic cooperation agreements to enhance their product offerings and market reach, as seen with CRRC's partnerships with multiple industry leaders [18] - Trina Storage has also engaged in strategic collaborations with several leading firms to bolster its market position [31] Market Trends - The energy storage industry is witnessing a shift towards larger capacity systems and AI integration, with companies focusing on enhancing safety, efficiency, and economic viability [2][10] - The emphasis on ecosystem building and strategic partnerships indicates a trend towards collaborative innovation in the energy storage sector [2]

Core Viewpoint - The article highlights the upcoming 13th Energy Storage International Summit and Exhibition (ESIE 2025) scheduled for April 10-12, 2025, at the Capital International Exhibition Center, showcasing advancements in energy storage technology and solutions [2]. Group 1: Company Overview - BYD has been involved in energy storage since 2008, focusing on the research, development, and application of energy storage systems and equipment, forming a complete industrial chain that includes product development, manufacturing, sales, service, and recycling [3]. - BYD's energy storage products cater to various applications, including power-side storage, grid-side storage, commercial and industrial storage, and residential storage, with solutions provided to hundreds of energy storage projects globally [3]. - The company emphasizes providing safe, stable, convenient, and cost-effective energy storage products and green energy solutions, contributing to the global low-carbon energy transition [3]. Group 2: Product Offerings - BYD offers a comprehensive range of energy storage solutions, including the MC Cube-T Pro ESS, MC Cube-T ESS, Chess Plus, MC-I, and BatteryBox series, designed to meet diverse energy storage needs from power generation to end-user applications [4][6][8][10][12]. - The MC Cube-T Pro ESS utilizes advanced cell stacking technology and an intelligent liquid cooling system to enhance overall performance and economic efficiency throughout the lifecycle of energy storage stations [4]. - The MC Cube-T ESS features a new generation of high-capacity, safe energy storage batteries, achieving an 11% increase in single cell energy and a 36% reduction in component count, improving space utilization by 98% [6]. - The Chess Plus product is designed for commercial storage, offering multiple safety features and quick return on investment, establishing a benchmark for cost-effectiveness in commercial energy storage [8]. - The MC-I product is highly integrated and designed for smaller space requirements, allowing for modular design and easy installation, enhancing revenue generation and return on investment [10]. - The BatteryBox series has been installed in over 110 countries, with more than 1.1 million units, becoming a trusted choice for residential users [12]. Group 3: Key Projects - BYD is involved in several significant energy storage projects, including the world's largest single-unit energy storage project in Saudi Arabia with a capacity of 500MW/2600MWh [14]. - The company is also part of China's largest integrated wind-solar-fire-hydrogen energy storage project with a capacity of 300MW/1200MWh [16]. - Other notable projects include a high-altitude independent energy storage station in China with a capacity of 100MW/400MWh and a project in a harsh desert environment with a capacity of 200MW/400MWh [16][18]. - BYD has signed contracts for major energy storage projects, including a 12.5GWh project with Saudi Electricity Company and a 1.6GWh project with Greenvolt Power [26].

BEIJING, March 30, 2025 (GLOBE NEWSWIRE) -- BYD Energy Storage, a business division of BYD Company Limited, as a provider of renewable energy solutions, unveiled on March 26 its next-gen commercial and industrial (C&I) energy storage system, Chess Plus, designed to address challenges in safety, efficiency, and profitability amid a fiercely competitive market. BYD Energy Storage's Chess Plus establishes a new paradigm in energy storage through its cell-to-system (CTS) protection framework. At the core are "T ...