Global Energy Storage Industry Insights – October 28, 2025 | Key Market Data, Corporate Updates, and Policy Trends

Tags: #EnergyStorageInverter

In the first three quarters of 2025, China’s inverter exports reached RMB 48.5 billion, marking an 8% year-on-year increase. Regional performance varied: Europe showed mild recovery, Oceania, Asia, and Africa experienced growth, while Latin America remained weak. Overall, global demand was driven by expanding solar and storage deployments across emerging markets.

Tags: #HaiCenEnergy

HaiCen Energy has submitted its IPO application to the Hong Kong Stock Exchange — its third attempt. The company has shown consistent revenue growth, ranking third globally in lithium-ion energy storage battery shipments in 2024. Its partnership with European PV and storage solution providers strengthens its commercial and industrial presence in the European market, adding new momentum for global expansion.

Tags: #GoodWe

GoodWe launched its new ESA Series, an all-in-one solar and battery solution tailored for Australian homes and small businesses. Featuring a compact structure, high intelligence, and advanced safety, the system offers plug-and-play installation and a whole-home backup power feature, enhancing residential energy resilience and efficiency.

Tags: #EnergyStorage #Partnership

China Construction Dacheng signed cooperation agreements with two Danish firms for 2.5GWh and 50MWh energy storage system projects. The projects adopt an integrated architecture, with each partner contributing its technical strengths. This marks a new milestone in China–Europe renewable energy cooperation.

Tags: #EnergyStorageSystem

Global energy solution provider SMA Altenso has officially established its Australian subsidiary, Altenso Australia, with offices in Sydney to support the country’s clean energy transition. Its first project, in collaboration with Avenis Energy, is expected to break ground in the coming months.

Tags: #SolarStorageSystem

The Egyptian cabinet has approved a 1.2GW solar-plus-storage project located across the Baban and Wahat regions. The project includes a 1,200MW solar farm paired with a 720MWh battery energy storage system, furthering Egypt’s goal of expanding renewable energy capacity.

Tags: #LiquidCooling #EnergyStorage #GlobalMarket

Kelu Electronics reported a 251% year-on-year increase in net profit for the first three quarters of 2025, with total revenue reaching RMB 3.586 billion, up 23.4%. The company’s overseas energy storage business has become its main growth driver, improving profit margins and accelerating its global expansion strategy.

Tags: #EnergyStorageSystem #SolarDeployment #BatteryCells

Italy has extended its 50% tax deduction for residential renovations, now covering solar PV and energy storage installations until 2026. The maximum deductible amount is €96,000, spread over 10 years. The policy applies to both homeowners and tenants, covering electrical upgrades and solar system installations.

Tags: #EnergyStoragePolicy #PowerMarket

Hunan Province introduced a new mechanism requiring independent storage plants to choose between spot trading and frequency regulation markets. The rule limits revenue options, increasing operational complexity and potentially discouraging investment. Compared with provinces like Guangdong and Gansu, Hunan’s policy could constrain the profitability and growth of local energy storage projects.

Tags: #Inverter

Sungrow Power Supply has developed an inverter with a dust-proof cooling duct equipped with a wind-speed sensor linked to a clog detection module. The system monitors airflow behind the dust filter to detect blockages and alert users, reducing manual maintenance and improving operational efficiency.

Tags: #Inverter #PVControl

The China Electric Power Research Institute and State Grid Corporation disclosed a parameter identification method for photovoltaic inverter control systems. By introducing controlled voltage disturbances and analyzing response data via particle swarm optimization algorithms, the method improves accuracy and minimizes random errors, enhancing grid-integration performance.