XYZ Storage Achieves Top Rankings in 2024 Industry Report
On April 10, 2025, the China Energy Storage Alliance (CNESA) released its 2024 industry rankings at the 13th Energy Storage International Conference and Expo (ESIE 2025). XYZ Storage secured impressive achievements:
- Top 5 in China for energy storage system shipments;
- Top 5 globally for storage system shipments; and
- Top 10 in China for grid-connected capacity.
These results confirm the company's robust growth trajectory. Throughout 2024, XYZ Storage leveraged its technological edge and comprehensive solution capabilities to deliver 20+ tailored systems worldwide for commercial/industrial applications, independent storage plants, and renewable integration projects.
In the domestic market, the company has set new industry benchmarks with its high-quality project delivery and stable system performance, helping 24 provinces across China achieve flexible power grid upgrades. Internationally, it has increased its market share in the Asia-Pacific region year-over-year, establishing itself as a key player in the global energy storage field. Over the past year, XYZ Storage led the construction of the National Key Laboratory for Joint Innovation in Fire Safety of Electrochemical Energy, under the Ministry of Emergency Management. The company was also recognized by the State-owned Assets Supervision and Administration Commission (SASAC) as an Outstanding Tech Reform Enterprise, and was awarded titles such as "Unicorn Company", "Beijing Enterprise Technology Center", and "Advanced Collective for Employment and Entrepreneurship in Beijing". These accolades reflect the company's significantly enhanced core competitiveness.
Background: The China Energy Storage Alliance (CNESA), the authoritative organization for the country's energy storage industry, publishes an annual ranking based on objective data from its global energy storage database, CNESA DataLink. The rankings cover multiple dimensions including technology providers and system integrators, and are widely regarded as a key measure of corporate competitiveness. XYZ Storage has appeared on the list for several consecutive years, a testament to the industry's and market's strong recognition of the company's capabilities.