Energy Storage System Integrator Ranking 2023
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The global Battery Energy Storage Systems integrator market grew increasingly competitive in 2022, with the top five global system integrators accounting for 62% of overall BESS shipments (MWh), according to the latest
Which energy storage system integrators are on the rise in 2023?
While XYZ Storage and Envision tied at third place, stated the report. For Europe, energy storage system integrator market concentration was on the rise in 2023, compared with the relatively fragmented situation in 2022. The top three players, Nidec, Tesla and BYD, accounted for 68% of the European market share in 2023, increasing by 26% YoY.
Who won energy storage system integrator of the year 2023?
In addition, Fluence won System Integrator of the Year as well as Product of the Year for the company’s Ultrastack energy storage product at the 2023 Energy Storage Awards. The 2023 Battery Energy Storage System Integrator Report is available through S&P Global Commodity Insights Clean Energy Technology.
Which companies dominate the Bess integrator market in 2022?
The North American BESS integrator market is concentrated, with the top five players holding 81% of the region’s market share in 2022. Tesla led the region with 25% market share rankings by shipment. Following Fluence (at 22%), Chinese company Sungrow held its third position with a 13% market share in the North American market in 2022.
Which energy storage companies have installed the most energy?
Together, the top five have installed more than a quarter of the energy storage currently in operation globally. The top five in terms of installed projects (that is, projects completed as of July 2023) are, in descending order: Sungrow, Fluence, Tesla, Wärtsilä and Hyperstrong.
How big is the Bess integrator market in 2023?
The three vendors captured 72% of the region’s market share for BESS shipments in 2023, growing 20% YoY in the percentage. According to the report, market concentration has increased significantly in the North American BESS integrator market in the past year, mainly driven by Tesla, whose market share surged by 60% YoY.
What makes a good energy storage integrator?
The leading integrators are characterised by having strong supply chain networks and effective strategies for implementing clients’ immediate and future plans for their assets. They also have the financial clout to provide support for their clients over the long-term, according to the Energy Storage World Forum.
