Sungrow Secures 500MWh Energy Storage Order in Southeast Asia

Recently, Boshi Energy Storage announced that the dedicated PACK automated production line for 587Ah cells, built at its Jiashan intelligent manufacturing base specifically for large-capacity long-duration energy storage applications, has been successfully commissioned, with the first product officially rolling off the line. Going forward, the production line will initiate trial production verification as planned, steadily advancing capacity ramp-up. Once mass production begins, it will form synergistic capacity with existing production lines. The 587Ah cell energy storage PACK products produced will be supplied in volume to commercial and industrial energy storage projects and containerized energy storage power stations both domestically and internationally, capable of accommodating standardized complete machine deliveries as well as customized OEM/ODM requirements, thus building a more resilient large-capacity product supply system.

[SMM Analysis] This week, the energy storage battery cell market showed structural divergence, with demand for utility-scale energy storage remaining stable, the supply-demand pattern remaining tight, and mainstream product prices holding steady overall; residential ESS was affected by weakening demand expectations outside China and earlier inventory accumulation, with integrators' cargo pick-up pace slowing and some residential battery cell quotes revised downward.