According to Jinshi Data, Wanlian Securities Research Report pointed out that the global renewable energy installed capacity is growing rapidly, the instability of the power grid is increasing, and the demand for energy storage is expected to continue to increase. The impact of household storage inventory in Europe has weakened, the growth of large storage installed capacity has accelerated, and the overall market is expected to gradually pick up.

The United States has a large demand for large-scale energy storage capacity, coupled with a large backlog of projects in the early stages. As the Federal Reserve cuts interest rates, the grid connection of energy storage projects is expected to accelerate, driving the growth of the market size.

Emerging markets are growing rapidly, and countries such as India, Pakistan, Brazil and Nigeria have vast space for household storage, which is expected to continue to provide new impetus for the growth of energy storage demand.

Renewable energy investment in the Middle East is growing, energy storage project construction is accelerating, and large-scale energy storage capacity in Saudi Arabia and the UAE is expected to maintain steady growth. It is recommended to pay attention to leading companies with a sound overseas layout and a leading market position.