AESC, a global leader in high-performance battery technology headquartered in Japan, has been ranked among the top companies in the global energy storage industry, according to the 2024 Energy Storage Cell Shipments from Non-China Markets ranking . The ranking, compiled by InfoLink Consulting, a leading research and consulting firm specializing in renewables and technology, includes utility-scale, commercial and industrial, and residential applications. The achievement underscores AESC’s rapid expansion and continued leadership in the energy storage industry and confirms its position as a major global player, marking a significant move into the top 4 in the ranking.

“AESC earned its position in this ranking thanks to our market-leading energy storage technology, extensive experience in global deliveries, and rapid expansion of production capacity,” said AESC Group CEO Shoichi Matsumoto. “Our strategic partnerships with leading energy storage system integrators, such as Fluence, Powin, and Nidec, have further strengthened AESC’s position as one of the fastest-growing companies in the energy storage industry,” he added.

According to InfoLink, global energy storage cell shipments recorded a 60% year-over-year (YoY) growth to reach 314.7GWh in 2024, with 300+Ah batteries accounting for nearly 50% of the global utility-scale energy storage market in a single quarter. As an industry leader in the development, mass production and distribution of 300+Ah batteries, AESC continues to set new industry benchmarks. Earlier this calendar year, AESC shipped over 30GWh of 300+Ah batteries, demonstrating remarkable growth, market share, quality performance and safety.

The company is expected to start lithium iron phosphate (LFP) battery production in North America this year, and its LFP manufacturing plant in Europe is expected to begin mass production in the coming years. These capacity expansions will further accelerate AESC’s growth in key markets, positioning the company to meet the growing demand for energy storage solutions.

AESC is a global leader in the development and manufacturing of high-performance batteries for zero-emission electric vehicles and energy storage systems. Founded in Japan in 2007 and headquartered in Yokohama, AESC has built manufacturing facilities around the world to serve key markets and major customers for over 15 years. Today, AESC’s advanced technology powers nearly one million vehicles and offers more than 40GWh of installed energy storage capacity in more than 60 countries. AESC's global presence includes 13 manufacturing locations in Japan, the United States, the United Kingdom, France, Spain and China.

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Source: businesswire.com

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