#China #Shanghai #Envision Energy #BESS #Wood Mackenzie

Envision Energy Celebrates Global Ranking in Energy Storage

Envision Energy has reached a significant milestone, achieving the fourth position in Wood Mackenzie’s recently published 2024 Global Battery Energy Storage System (BESS) Integrator Rankings. This recognition places Envision among the elite energy storage solution providers worldwide, underlining its advancements in green technology.

As a major player in the global energy storage market, Envision has not only secured this top rank but has also been recognized as a Tier 1 global energy storage manufacturer by BloombergNEF for six consecutive quarters. This consistent acknowledgment highlights the company’s commitment to superior technology, reliable delivery, and financial trustworthiness in a competitive market.

According to the report from Wood Mackenzie, Envision Energy is distinctive in its sector, as it expanded its market share even amidst fierce competition and a rapidly evolving energy landscape. The collective market share of the top five BESS integrators saw a decrease from 62% in 2022 to 48% in 2024; however, Envision’s growth trajectory signifies its capability to scale operations worldwide while delivering advanced storage solutions tailored to meet varied regional requirements.

Envision's position is reinforced not only by Wood Mackenzie’s acknowledgment but also by BloombergNEF’s tier classification, which showcases its capabilities across various dimensions—ranging from battery cells, energy management systems (EMS), to grid-forming systems. The company has made impressive strides in key markets around the globe, including Europe, North America, and the Asia-Pacific region, successfully deploying over 30 gigawatt-hours (GWh) of energy storage systems across more than 300 projects. Notably, it has amassed over 50 GWh in energy storage orders, illustrating its robust demand in the market.

Envision’s advanced storage solutions directly address significant real-world energy challenges, including frequency regulation, integration of renewable energy sources, and black start capabilities. This comprehensive approach cements its status as a leading provider of next-generation energy storage infrastructure.

Safety has always been paramount at Envision Energy. In a significant achievement for the company, its smart energy storage system recently underwent an ultra-dense fire test—lasting 49 hours and setting a global standard. The system showcased remarkable resilience by preventing fire spread entirely, further reinforcing its operational reliability and safety, which are critical in the energy storage sector.

As Envision Energy continues its journey towards sustainability, its dedication to innovation, excellence in technology, and commitment to safety exemplify its role as a trusted leader in the energy storage industry. With the increasing urgency for renewable energy solutions, Envision Energy stands out as a pioneer, ensuring the delivery of sophisticated, safe, and sustainable energy storage systems designed for a sustainable future.

In conclusion, Envision Energy’s recent achievements not only highlight its rich capabilities in energy storage solutions but also affirm its mission to contribute positively towards global energy systems. The ongoing investments and advancements in technology will undoubtedly position the company for further milestones in the future, all while paving the way for an eco-friendly and efficient energy landscape.