(1) Market trends of global energy storage industry in 2020

In 2020, in addition to China, Japan and Korea, the United States, Australia, Germany and the United Kingdom also set off a round of development climax of energy storage industry. The U.S. Department of energy (DOE) has released the "Energy Storage Challenge Roadmap", and the European Commission has released the "2030 battery Innovation Roadmap", both of them systematically put forward the strategic objectives for the future development of energy storage. At the end of 2020, , electrochemical energy storage system costs reached a new milestone of 1500 RMB/kWh, and the scale of new electrochemical energy storage projects put into operation has shown explosive growth, reaching 1.56GW, breaking the GW barrier for the first time. This outbreak is not sudden, it is the power of the energy storage industry after more than ten years.

From the second half of 2020, large-scale 100 MW energy storage projects appear frequently all over the world. In 2020, the scale of electrochemical energy storage projects newly put into operation in the world reached 4.73GW, and the scale of planned and under construction projects exceed 36GW, most of them are applied in wind and solar power generation projects.

It is the key time node of "Wind + Solar + Energy Storage" parity in 2020, which lays a solid foundation for the comprehensive replacement of fossil energy in the future. The main line of energy structure adjustment in the next 30 years has been determined, and the prospect of energy storage industry is beyond doubt.

(2) "Energy Storage Industry White Paper 2021" was released

On April 14, 2021, ESIE 2021 was held in Beijing. At the meeting, CNESA officially released "Energy Storage Industry White Paper 2021", in which the ranking list of China's energy storage technology providers, China's energy storage converter providers and China's energy storage system integrators was officially released.
Among them, in the overseas electrochemical energy storage (excluding household energy storage) market in 2020, Sacred Sun ranked fourth among the top five energy storage technology providers in terms of shipment volume in China.

Picture 1: Energy storage technology providers (Overseas Market)
In 2020, among the top five Chinese energy storage system integrators in terms of shipment volume (power scale) in overseas electrochemical energy storage (excluding household energy storage) market, Sacred Sun ranked fifth.

Picture 2: Energy storage system integrators (Overseas Market, MW)
In 2020, among the top five Chinese energy storage system integrators in terms of shipment volume (energy scale) in the overseas electrochemical energy storage (excluding household energy storage) market, Sacred Sun ranked fifth.

Picture 3: Energy storage system integrators (Overseas Market, MWh)
Note: it comes from the open data of CNESA Energy Storage Industry White Paper 2021.