Recently, Bloomberg New Energy Finance (BNEF) released its 2025 Q1 Global Tier 1 Energy Storage Manufacturer List (BNEF Energy Storage Tier 1 List 1Q 2025). Trina Storage has once again earned a spot on this prestigious list, owing to its comprehensive solutions, ranging from cells and modules to AC-side systems, as well as its strong financial performance and bankability. This marks the fifth consecutive quarter since 2024 that Trina Storage has been included, reinforcing its global reputation for superior system integration capabilities and market leadership.
The BNEF Tier 1 List is widely regarded as one of the most authoritative and influential industry rankings. Its reports have long served as an important reference for financial institutions in commercial lending, with evaluations based on various factors, including corporate strength, project bidding success, and bankability support. Trina Storage's inclusion among the top global manufacturers underscores the recognition of its leading system integration solutions and brand value in the global market.
With the large-scale integration of renewable energy into power grids, the demand for flexible energy regulation resources is rapidly increasing. This trend has driven the rapid expansion of new energy storage installations. As a global leader in energy storage products and system solutions, Trina Storage continues to strengthen its core competitiveness by developing a comprehensive system integration capability that spans from battery cells to modules to AC-side systems. The company offers safe, reliable, and efficient products to its customers. The Elementa 2 Platform offers flexibility with its modular design, allowing easy integration and customization for different markets and project applications.
Notably, Trina Storage has built a strong global sales network and quality management system across R&D, production, and after-sales services. The company has successfully delivered projects worldwide, with over 7.5 GWh of battery enclosures and systems shipped to six major markets by Q3 2024. The company was recently featured in the S&P Global 2024 Battery Energy Storage System Integrators ranking, securing a top 10 position in the markets of China, the UK, and Australia. These achievements highlight Trina Storage's strong growth potential and comprehensive capabilities.
Looking ahead, Trina Storage remains committed to advancing energy storage technologies and product development. The company will continue to develop innovative, reliable, and high-quality energy storage products and solutions to meet diverse application needs, expand renewable energy utilization, and contribute to the transformation of new power systems.