Energy Storage Market High Prosperity: Investment Opportunities

This securities research report analyzes the global energy storage market, highlighting sustained high prosperity across regions. In China, May 2025 installations reached 6.32GW/15.85GWh, with June tenders surging 451% year-over-year to 56.74GWh. India shows strong growth with mandatory solar-plus-storage policies and over 36GWh in tenders. High ROE markets like Germany, Italy, the UK, and the USA demonstrate robust large-scale storage growth, while Australia benefits from high renewable penetration. Medium ROE markets in the Middle East and Africa see intensive project deployment driven by solar-plus-storage parity and rigid demand. Supply side notes May 2025 system prices at 0.550 RMB/Wh for 2-hour systems. Risks include US demand downside, industry competition, and tariff uncertainty. Overall, the report emphasizes investment opportunities in the energy storage sector globally.