the globally renowned research institution Bloomberg New Energy Finance (BNEF) released the ‘BNEF Energy Storage Tier 1 List 2Q 2024’, unveiling the brand-new global Tier 1 energy storage manufacturers list
“The recent release from Bloomberg New Energy Finance (BNEF) unveils the ‘BNEF Solar Energy Storage Tier 1 List 2Q 2024’, featuring 35 energy storage brands,
23 of them From China:
Xuji Electric, Narada Energy Storage, Sungrow Power, Caire Energy, Ronghe Yuan Storage, Ripulan Jun, Yuenxin Energy, Pinggao Group, Nandu Power, KeHua ShuNeng, Jingke Energy, Qidian Energy, Haiboshi Innovation, Huawei, Hithium Energy, Gotion High-Tech, EVE Lithium Energy, Vision Energy/Power, Kubo Energy, CRRC Zhuzhou Institute, Kocel Electronics, CATL, and BYD (The rankings are not listed in any particular order).
This is the Tier 1 energy storage manufacturer list for the second quarter of 2024. Previously, on January 11th, BNEF announced the Tier 1 energy storage manufacturer list for the first quarter.
In the first quarter, 25 energy storage brands made the list, with 14 originating from China:
Narada Energy Storage, Sungrow Power, Caire Energy, Ronghe Yuan Storage, Ripulan Jun, Pinggao Group, Nandu Power, KeHua ShuNeng, Haichen Energy, Guoxuan High-Tech, Yiwei Lithium Energy, CRRC Zhuzhou Institute, CATL, and BYD (listed alphabetically).”
“BNEF is recognized as one of the most credible third-party research institutions in the global renewable energy market.
It has independently developed a rigorous supplier rating system, which is considered as a fair, objective, and highly credible basis within the industry.
Over the years, the Tier 1 list published by BNEF in the solar field has become a widely recognized reference for attracting investment in numerous solar projects.
2024 tier 1 solar brands list By BNEF
However, BNEF’s Tier 1 energy storage manufacturer list has only been published since 2024, and its credibility is still being further enhanced.
For example, after the release of the first-quarter list, many domestic enterprises were not included, and there were also some well-known foreign companies that were absent such as ‘Deye inverter‘.”
“BNEF states that the Tier 1 energy storage manufacturer list will be published quarterly, and the evaluation criteria mentioned above may be updated as the market evolves.
However, the list will continue to be based on publicly available data about projects using the company’s products. Manufacturers may be required to submit supporting documentation, and submitting incorrect information will result in penalties.”
