The market demand for energy storage systems has been booming. In 2025, the global energy storage battery shipments are expected to exceed 500GWh. The growth is mainly driven by the rapid development of renewable energy sources such as solar and wind power. As more countries aim to achieve carbon neutrality goals, the need for efficient energy storage to balance the intermittent power generation of renewables has become crucial. However, the industry is also facing supply - chain challenges. The international trade situation is complex, with some countries imposing tariffs and trade restrictions on energy storage products. For example, in April 2025, the Trump administration in the United States implemented a "tariff war" on a global scale, with a 114.9% tariff on Chinese - made energy storage lithium - ion batteries exported to the US. This has forced enterprises to re - evaluate their supply - chain strategies and seek alternative solutions, such as localizing production in target markets.

Think of an energy storage system as a “smart battery on steroids”—but it’s not just for phones or laptops. It’s a device that captures extra energy when it’s cheap or abundant (like midday solar power, or late-night off-peak electricity) and saves it to use later, when energy is expensive or hard to get (like evening rush hour, or during a blackout).

The direct consequence of overcapacity is a fierce price war. The average bid price for lithium-ion energy storage systems has plummeted like a slide, dropping repeatedly. In 2024, the year-on-year decline reached 47.82%, and this trend continued in the first half of 2025, with another year-on-year decline of 29.94%. In this price war, companies are willing to go to great lengths to compete for a limited market share, with some even offering cell prices below 0.4 yuan/Wh. Wh, akin to a war without smoke, with companies battling fiercely, severely compressing profit margins. The industry's average profit margin dropped from 15% in 2022 to less than 5%, leaving many companies struggling to survive.

Imagine a world where the sun doesn’t shine, and the wind doesn’t blow. How do we keep the lights on? This is where energy storage steps in as the superhero of the energy world. It captures excess energy from renewable sources like solar and wind and stores it for those moments when nature takes a break. Think of it as a giant, eco-friendly power bank for the planet!

Energy storage technology is like the “Transformers” of the energy sector, capable of flexibly storing and releasing electrical energy according to different needs. For example, when solar panels absorb a large amount of sunlight during the day but cannot generate electricity at night, the energy storage system can store the excess electricity from the day and release it at night, ensuring a more stable energy supply.

Energy storage technology, in simple terms, involves storing electrical energy, thermal energy, or other forms of energy for release when needed. Doesn't that sound a bit like a Swiss Army knife? It is powerful, versatile, and capable of solving many complex problems. For example, in wind power and solar power generation, the intermittent nature of wind and sunlight results in fluctuating power output. Energy storage systems act as a “buffer,” storing excess electricity and releasing it when power is insufficient, ensuring the stable operation of the power grid.

Dr Yan Renwu and his team from Fujian University of Technology introduced the faculty strength and rich teaching experience of the School of Electrical, Electronic and Physics of the university. The establishment of the joint training base aims to provide students with education that is closer to the actual industrial needs and to cultivate high-level professionals with excellent practical skills.

At the 2024 World Solar Photovoltaic and Energy Storage Industry Expo, Huaxu Group will showcase our commitment and innovation to green energy. Join us and witness Huaxu Group's innovative achievements in the fields of solar energy and energy storage!

Based on decades of technical experience, Huasu New Energy Group has established a complete safety management system to ensure the safe and smooth operation of the energy storage system by considering the overall safety design of energy storage products in multiple dimensions, following the general idea of combining prevention and response, active and passive, and combining active and passive.

The unprecedented scale of the exhibition will reach 155,000 square metres of exhibition space, with more than 600 exhibitors and 14,983 visitors. The exhibition will showcase the latest solar technologies, products and services, including high-efficiency solar cells, smart inverters, energy storage systems and more. A series of exciting events will be held at the show, including technical seminars, industry forums, product demonstrations and more.