With the acceleration of global energy transformation, recovery in demand for household energy storage in Europe, and industry dividends from the explosion of AI computing power, the energy storage industry has ushered in a new explosive growth cycle.
According to Frost & Sullivan, global household ESS shipments are expected to grow at a compound annual growth rate of 52.3% between 2025 and 2030, which means the market is expected to expand several times over the next five years.
According to a report released by SolarPower Europe, the European photovoltaic industry association, the European battery energy storage market is expected to grow sixfold to about 400 gigawatt-hours by the end of this decade. The report emphasizes that the European battery energy storage market is a key support for the EU to achieve energy security and enhance international competitiveness goals.
The Zhitong Finance App learned that in July, there were frequent reports from Chinese companies on the European energy storage circuit: Tianhe Energy Storage, Yuneng Rubik's Cube CECB, and Tianqi Hongyuan each won major energy storage orders in Sweden, Germany, and the United Kingdom, with a total scale of over 1.8 GWh. The business covered the power grid side and the household side, covering various models such as system supply, turnkey services, and long-term operation cooperation.
The CITIC Securities Research Report estimates that new installed capacity in Europe is expected to reach 165 GWh in 2030, and the compound growth rate is expected to be 40% from 2024-2030, corresponding to a market space of 170 billion yuan. Looking at it separately, energy storage projects in Eastern Europe are expected to explode rapidly in the short term, and Western Europe & Southern Europe are larger in the long term. Relying on cost advantages, domestic manufacturers are expected to continue to increase their share of European energy storage, and are optimistic about battery and system integration manufacturers that lay out the European energy storage business.
The performance of Hong Kong stocks entering the European energy storage market was astonishing:
Sega Xinneng (06656): Announced an announcement. For the six months ended June 30, 2026 (reporting period), the Group expects to obtain: revenue of about RMB 9.5 billion to RMB 10 billion, an increase of about 240% to 270% over the same period in 2025; net profit of about RMB 2.35 billion to RMB 2.45 billion, an increase of about 190% to 210% over the same period in 2025; and profit attributable to company owners of about RMB 2.35 billion to RMB 2.45 billion, an increase of about the same period in 2025 190% to 210%; and adjusted net profit (not an IFRS measure) was approximately RMB2.40 billion to RMB2.51 billion, an increase of approximately 120% to 140% over the same period in 2025.
Based on currently available data and preliminary assessments made by the Board of Directors, the Board believes that the increase in performance during the reporting period was mainly due to increased sales driven by continued growth in core market size and increased market share.
Frost & Sullivan reports that in terms of product shipments, the company has become the world's number one stackable distributed optical storage all-in-one solution provider, with a market share of 28.6% in 2024. The company's main revenue in 2025 comes from Australia and Europe and a small portion of Africa.
The company attracted global customers with the outstanding performance of SigenStor. In 24 years, it ranked first in the world in the field of stackable distributed optical storage devices, with a market share of 28.6%. High quality helped the company rapidly increase brand recognition. The European market started quickly. In 25 years, European revenue reached 4,010 billion yuan, an increase of 402%; Australian market companies later took the lead, and became number one in Australia in March 2025, with a market share of over 30% in May '25, and successive 2.5 GWh orders for 26 years.
Guoxia Technology (02655): The company's energy storage system solutions and products are widely used in large-scale power supply side and power grid side in Chinese and overseas markets, as well as industrial, commercial and household scenarios. At the end of June this year, Guoxia Technology and Rocmore Energy AB signed a strategic cooperation agreement. According to this, the parties to the framework agreement plan to establish long-term strategic cooperation to combine the Group's energy storage solutions with Rocmore's Nordic project, with the aim of jointly serving the Nordic and wider European markets. The company proposed the “energy storage is a token” strategy in the industry, which advocates directly transforming the cost advantage of electricity storage into a price advantage generated by large models. The company will rely on the self-developed “cloud-edge-end” collaborative intelligent architecture and the Safe ESS core technology platform to build an AI-driven “tokenized energy storage factory” to provide a solid energy foundation for AI computing power.