Trina Storage has once again secured its top rank in BloombergNEF’s (BNEF) 2024 Energy Storage System Cost Survey, a prestigious recognition for its cutting-edge products, technological innovation, and financial stability. This achievement highlights Trina Storage’s continuous market leadership and sets the stage for its ongoing global expansion in the rapidly evolving energy storage sector.
Acknowledging Excellence in Energy Storage
BNEF is a trusted third-party research provider in the global new energy sector, renowned for its impact on financial institutions’ commercial credit decisions. The Energy Storage System Cost Survey 2024 once again places Trina Storage in the top tier, reflecting the company’s consistent strength and solid market presence. This achievement speaks volumes about the high confidence that capital markets have in Trina Storage’s system integration solutions and their bankability.
Being ranked in the BNEF Tier 1 list not only demonstrates Trina Storage’s enduring position as a global leader in energy storage technology but also reinforces the company’s commitment to advancing industry standards with innovative and reliable solutions. As a top provider of energy storage products and system integration, Trina Storage delivers cutting-edge products tailored to regional needs, such as grid-forming, grid ancillary services, high-temperature resistance, and long cycle life storage.
Driving Global Expansion and Market Leadership
Trina Storage’s consistent success in the BNEF rankings reinforces its growing global influence and commitment to continuous technological advancements. The company offers complete energy storage solutions, from battery cells to AC systems, ensuring that products are customized to meet the specific needs of each market. This comprehensive approach, combined with a robust quality management system that spans R&D, supplier management, production, and after-sales service, sets Trina Storage apart from its competitors.
Trina Storage has successfully delivered over 7.5 GWh of battery cabinets and systems across six key markets globally by the third quarter of 2024, further solidifying its expanding international presence. Its products have been widely adopted across North America, Europe, and other key markets, underlining the company’s position as a reliable and trusted provider of energy storage solutions worldwide. Trina Storage is further enhancing its presence in emerging markets, aiming to meet the increasing demand for clean energy storage solutions.
Expanding Recognition in the Industry
In addition to its continued inclusion in the BNEF Tier 1 list for four consecutive quarters, Trina Storage has also earned a spot on S&P Global’s 2024 Top 10 Battery Energy Storage System (BESS) Integrators list. The company has achieved leading positions in key markets, including China, the UK, and Australia, further proving its competitive strength on the global stage. This recognition underscores the company’s ability to adapt to different market demands and offer exceptional solutions that align with global sustainability goals.
“Trina Storage’s consistent ranking in the BNEF Tier 1 list and other industry recognitions highlight our market strength and demonstrate our commitment to delivering high-quality, reliable energy storage solutions,” said a Trina Storage spokesperson.
A Bright Future for Energy Storage Innovation
Trina Storage remains committed to advancing energy storage technology and offering cost-effective, innovative solutions that support the global transition to clean, sustainable energy. The company is poised to continue its leadership role as the world shifts toward greener energy solutions, driving innovation and sustainability in the industry.
