--- title: "Multiple leading battery cell companies have set production volumes at a historic high, and the global energy storage installation growth rate may exceed 40%" type: "News" locale: "en" url: "https://longbridge.com/en/news/280936242.md" description: "Multiple leading battery cell companies achieved record production volumes in 2023, with global energy storage installation growth expected to exceed 40% by 2026. The Chinese energy storage market is experiencing strong growth, with a cumulative installed capacity expected to reach 144.7GW by the end of 2025, and new installed capacity surpassing 100GW for the first time. Global energy storage battery shipments are projected to reach 651.5GWh in 2025, with all top ten companies being Chinese, and CATL's market share exceeding 26%" datetime: "2026-03-30T01:23:10.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280936242.md) - [en](https://longbridge.com/en/news/280936242.md) - [zh-HK](https://longbridge.com/zh-HK/news/280936242.md) --- # Multiple leading battery cell companies have set production volumes at a historic high, and the global energy storage installation growth rate may exceed 40% \[Global Network Finance Comprehensive Report\] Wind data shows that several leading battery cell companies have achieved record production levels since the beginning of the year, with some companies not stopping production during the entire Spring Festival holiday in the Year of the Horse. In February, the average bid price for 4-hour energy storage systems used in large-scale energy storage power stations has returned to above 0.5 yuan/Wh. Many institutions have reached a consensus that the global energy storage installed capacity growth rate will not be less than 40% year-on-year in 2026. The China Business Industry Research Institute recently stated that against the backdrop of global energy transition and the explosive demand for AI computing power, the global new energy storage installed capacity is expected to maintain a high growth rate of over 60% in 2026, which brings clear opportunities for China's energy storage industry. The strong demand in overseas markets has become the core driving force for China's energy storage battery exports. China is the world's largest energy storage application market, with strong growth momentum in the industry. According to the CNESA DataLink global energy storage database, by the end of 2025, China's cumulative installed capacity of new energy storage is expected to reach 144.7GW, a year-on-year increase of 85%. The newly added cumulative installed capacity of new energy storage in our country has surpassed 100GW for the first time, approximately 45 times the cumulative installed capacity at the end of the 13th Five-Year Plan. The report titled "2025-2030 Global and China Energy Storage Lithium Battery Market Status and Future Development Trends" released by the China Business Industry Research Institute shows that in 2025, the global energy storage battery shipment volume will achieve strong growth driven by the accelerated transformation of overseas power systems and the rapid expansion of renewable energy installed capacity, with an annual shipment volume reaching 651.5GWh, a significant year-on-year increase of 76.2%. Analysts from the China Business Industry Research Institute predict that by 2026, the global energy storage battery shipment volume is expected to exceed 700GWh. The top ten global energy storage battery shipment companies in 2025 will all be Chinese companies, with CATL ranking first in the world with over 26% market share. The list of companies entering the TOP10 also includes Yiwei Lithium Energy, Xiamen Hichain, BYD, Ruipu Lanjun, Zhongchuang Xinhang, Envision Energy, Guoxuan High-Tech, Hubei Chuneng, and Penghui Energy ### Related Stocks - [512460.CN](https://longbridge.com/en/quote/512460.CN.md) - [300750.CN](https://longbridge.com/en/quote/300750.CN.md) - [03750.HK](https://longbridge.com/en/quote/03750.HK.md) - [159566.CN](https://longbridge.com/en/quote/159566.CN.md) - [159175.CN](https://longbridge.com/en/quote/159175.CN.md) ## Related News & Research - [CATL launches new battery module assembly line in Debrecen](https://longbridge.com/en/news/286229717.md) - [Key facts: Reliance-CATL talks on batteries; ₹131.58cr LOI Jamnagar G+12](https://longbridge.com/en/news/286842723.md) - [EVN Macedonia puts BESS of 10 MW into operation at its solar park](https://longbridge.com/en/news/286582695.md) - [Battery storage firms eye AI demand but face grid, supply hurdles](https://longbridge.com/en/news/286790784.md) - [05:45 ETCNTE Successfully Commissions 1.725MW/4.07MWh C&I Energy Storage Project in Belgium](https://longbridge.com/en/news/287041214.md)