Recently, the National Development and Reform Commission issued guidance on accelerating the development of new energy storage, proposing that the scale of new energy storage in 2025 will be more than 30GW.

According to CNESA, by the end of 2020, the cumulative installed capacity of new electric energy storage that has been put into operation has reached 3.28GW, from 3.28GW by the end of 2020 to 30GW by 2025. In the next five years, the market size of new energy storage will expand to 10 times the current level, with an annual compound growth rate of more than 55%.

Among them, inverter (converter) will become the most flexible and core investment direction because the unit value and unit profit of energy storage are much higher than photovoltaic.

At present, the share of domestic inverters has increased rapidly. In 2020, the shipments of the top six domestic enterprises in the world will account for 60%. Due to the serious impact of the epidemic situation and the changes in supply and demand in the global market, since the first half of 2021, the core component chips of photovoltaic inverters and IGBT power devices have been extremely scarce, and the prices have risen.

The inverter enterprises in China have the advantages of low cost and good product performance, and continue to expand at home and abroad. At present, there are six Chinese enterprises in the top ten inverter enterprises in the world, namely Huawei, Sungrow Power, Guruiwat, Jinlang Technology, Shangneng Electric and Goodway.

Source "new energy and energy storage"