As the global demand for sustainable energy continues to grow, energy storage technology has become a key to energy transition. At the 2024 SNEC+ Expo, Enerlution demonstrated its leading position in the energy storage industry with its advanced energy storage battery systems and energy management systems.
Exhibit Highlights: The 230kWh commercial and industrial cabinet launched by Enerlution at this expo attracted the attention of many visitors with its high performance and stability. In addition, the new 104.96kWh flexible energy storage cabinet, with its smaller size and wide range of application scenarios, indicates a new trend in the energy storage industry.
Market Analysis: The demand for energy storage products in domestic and international markets is growing rapidly. In the first half of 2024, the newly installed capacity of commercial and industrial energy storage projects in China increased by more than 50% year-on-year, and the global residential energy storage market is expected to reach 20 billion US dollars by 2025. Enerlution's products are sought after in the European and North American markets due to their high efficiency, environmental friendliness, and safety.
Policy Support and Industry Outlook: In 2024, the energy storage industry was written into the "Government Work Report" for the first time, indicating that it will receive more policy support and market attention. It is expected that China's energy storage market will maintain an average annual growth rate of over 30% in the next five years, and Enerlution, as a pioneer in the industry, will leverage this policy trend to expand its influence in domestic and international markets.
Authoritative Views and Data Support: Energy storage technology is one of the key factors in achieving energy transition, a point supported by the analysis of BloombergNEF. Enerlution's products and technology play an important role in promoting this transition, and the launch of its 230kWh commercial and industrial cabinet and 104kWh new energy storage cabinet is a positive response to market demand.
Production Capacity and Customization: Enerlution's annual production capacity reaches over 2GWh, which can meet the demands of large-scale market needs while maintaining high product quality standards. Flexible product customization services meet the personalized needs of customers.
With its outstanding products and technological innovation, Enerlution is leading a new wave in the energy storage industry. Driven by both domestic and international markets, Enerlution's future development prospects are broad. As the global energy transition deepens, the energy storage industry is bound to usher in a more brilliant tomorrow. Enerlution, as an industry leader, will continue to drive development through innovation, lead the future with technology, and contribute to the sustainable development of global energy.
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