The hot energy storage circuit has attracted all kinds of companies, including not only wind power and photovoltaic leaders, but also power battery manufacturers.

For example, PV giant JinkoSolar has stepped up its energy storage business and has planned 12GWh of battery capacity. JinkoSolar's energy storage journey began at the end of 2020, and it has gradually deepened its layout of the energy storage track after adding energy storage business to its scope of operations. Currently JinkoSolar Energy Storage has launched corresponding solutions in different application scenarios such as source grid side, industrial and commercial, and user side.

In its earnings report, JinkoSolar noted that the mainstream market channels for JinkoSolar's household and commercial/industrial energy storage business have gradually opened up in 2021, involving regions such as China, Middle East Africa, Southeast Asia, North America, Australia and Japan.

Wind power giant Vision Energy's liquid-cooled outdoor cabinet energy storage products have an application track record of over 5GWh and have been delivered to a number of scenarios in Tibet, Xinjiang, Inner Mongolia, Gansu, Hainan, Shandong and Singapore, with over 2 million hours of actual operation. As of March 2023, Vision Energy Storage has more than 15GWh of orders in hand at home and abroad.

Battery manufacturers such as Ningde Time and EVERLIGHT, based on their technology accumulation and R&D capabilities in the original electrochemical field, are able to quickly layout the energy storage field and continuously achieve iterative product innovation.

The layout of different manufacturers in the field of energy storage is a strong indication of the potential and attractiveness of the energy storage market. With the rapid development of renewable energy and the popularity of electric vehicles, the demand for energy storage continues to grow and more and more companies are setting their sights on the energy storage sector.

It also demonstrates the confidence and expectations of these companies in the future of energy storage technology. The continuous development and maturity of energy storage technology has provided more opportunities for companies to further promote the development of the energy storage market.

In addition, the presence of different manufacturers in the energy storage sector means that competition in the energy storage market is becoming increasingly fierce. This competition helps to strengthen companies' innovation capabilities and product quality, and promotes continuous innovation and improvement in energy storage technology. Ultimately, consumers can enjoy better and more advanced energy storage products, which can also contribute to the sustainable development of the energy storage industry as a whole.