Pylontech is ranked #1 among providers of residential energy storage systems by S&P Global Commodity Insights

2023-04-18 22:28:08

Shanghai (ots/PRNewswire) Pylontech was ranked #1 among residential battery storage providers in 2022 in terms of global shipments in the recently released Residential Energy Storage Index by S&P Global Commodity Insights.

The quarterly updated report is created using carefully audited and verified data collected from the industry’s leading providers.

Pylontech has embarked on an impressive growth trajectory over the past ten quarters, characterized by constantly rising sales figures and a steady rise in the rankings. With strong R&D strengths and manufacturing capabilities ranging from cells to systems, its products are present in over 80 countries and regions worldwide, with over one million energy storage systems put into service. This journey has now reached its culmination: This journey has now reached its culmination as the company is ranked #1, which is a remarkable achievement.

“According to S&P Global Commodity Insights, the market has more than doubled in 2022 compared to the previous year,” said Geoffrey Song, vice president of international business at Pylontech. “Global collaboration is critical to the current and future development of the industry. Under the ideology of free trade, companies from different countries bring their unique advantages, including companies from China, which have well-managed and adequate resources in the supply chain to manufacture and deliver products even in difficult times, we look forward to more and greater achievements through collaboration as we fulfill our mission to sustainably unleash YOUR energy.”

About Pylontech

Pylontech is a dedicated Battery Energy Storage Systems (BESS) provider that combines its expertise in electrochemistry, power electronics and systems integration to offer reliable energy storage solutions worldwide. With continuous and rapid growth, the company has become a global leader in energy storage systems.

Information on S&P Global Commodity Insights

S&P Global Commodity Insights® provides respected benchmarks, perspectives and solutions for the commodity and energy markets, helping clients focus on the near future and see the big picture. In 2022, the company merged with IHS Markit.

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