If the energy storage industry were a Formula 1 race, Tesla just overtook Sunshine Solar in a dramatic last-lap maneuver. According to Wood Mackenzie’s 2024 Global Battery Energy Storage System (BESS) Integrator Report, Tesla now leads with 15% market share, dethroning 2022’s champion, Sunshine Solar (which dropped to second place with a 12% slice of the pie)[1][6]. But here’s the twist: the top five vendors collectively control only 47% of the market, down from 62% in 2022[1][6]. Why? A flood of Chinese contenders like CRRC Zhuzhou and HyperStrong are revving their engines. [2025-05-27 10:01]
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