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).