Recently, the National Energy Administration released the China New Energy Storage Development Report 2025, systematically reviewing industry achievements in 2024 and offering forward-looking projections for 2025. As a company deeply rooted in energy storage, Homsun recognizes that policy incentives, market demand, and technological innovation are jointly propelling the sector into a high-quality growth phase. Below are our key takeaways and corresponding actions.

1. Policy Leadership: New Energy Storage Elevated to National Strategy

The report highlights that, for the first time, “develop new energy storage” was written into the Government Work Report. The Energy Law explicitly states that China will “promote high-quality development of new energy storage,” while provincial governments have continuously innovated mechanisms such as capacity leasing, spot markets, and ancillary services, creating clear revenue models for storage projects.

Homsun Action: Aligning with policy directions, we focus on commercial & industrial (C&I) and residential storage scenarios. Our “PV + Storage + EV Charging” integrated solutions help customers capture peak-valley arbitrage and manage capacity charges. Demonstration projects have been commissioned in Guangdong, Jiangsu and other provinces to fully capture policy dividends.

2. Market Explosion: Installed Capacity Doubles and Application Scenarios Deepen

China’s cumulative installed capacity of new energy storage reached 73.76 GW / 168 GWh by the end of 2024—20 times the level at the end of the 13th Five-Year Plan. Stand-alone and shared storage account for nearly 46 %, while renewable-plus-storage projects account for 42 %. Utilization efficiency improved significantly, with an average equivalent utilization of 911 hours per year.

Homsun Action: Our core products—“C&I All-in-One Storage Cabinet” and “Residential All-in-One Storage Cabinet”—are designed for rooftops (concrete, metal-sheet) and solar carports. Modular design enables rapid deployment. In 2024, Homsun systems achieved above-industry-average utilization, cutting customer costs by more than 30 %.

3. Technology Breakthroughs: Diversified Routes Accelerate Toward Commercialization

Lithium-ion remains dominant at 96.4 % of commissioned capacity, yet compressed-air, flow batteries, and sodium-ion technologies are entering large-scale demonstration. Innovations such as high-capacity cells, grid-forming storage, and intelligent thermal management continue to drive system costs down.

Homsun Action: We adhere to a “safety + efficiency” dual-core strategy, adopting LFP chemistry with intelligent BMS and liquid cooling to guarantee safety and cycle life. Meanwhile, we closely follow cutting-edge technologies such as sodium-ion batteries and reserve upgrade interfaces to deliver long-term value.

4. Industrial Upgrading: Supply-Chain Advantage Consolidated, Global Expansion Opens

China produced 26 GWh of storage-grade lithium-ion batteries in 2024, accounting for over 40 % of global output, with continuously optimized costs. The report calls for “consolidating industrial advantages” and encourages companies to “go global.”

Homsun Action: Leveraging the industrial cluster in the Pearl River Delta, we integrate premium supply-chain resources and have reduced system costs by 25 % year-on-year. In 2025, Homsun will accelerate overseas expansion, focusing on Southeast Asia and the Middle East to export proven Chinese storage solutions.

2025 Outlook: Homsun’s Commitments & Actions

The report identifies 2025 as a pivotal year for “scaled deployment” and “refined market mechanisms.” Homsun will:

• Deepen Scenario Innovation: Launch customized storage systems for industrial parks, EV charging stations, and microgrids.

• Strengthen Technology Reserves: Collaborate with universities and research institutes to advance long-duration storage and intelligent dispatch.

• Expand the Ecosystem: Build a “PV + Storage + EV Charging” ecosystem with grid operators and PV enterprises to accelerate energy digitalization.

Conclusion: New energy storage has transitioned from “early commercialization” to “scaled development.” Homsun will harness policy momentum and technological prowess to work with partners and jointly write a new chapter in green energy.