Chu Neng New Energy CEO Huang Feng: Energy storage battery cells will be in tight supply-demand balance in 2026-2027.

On March 31st, Sina Finance reported that at the 14th Energy Storage International Summit and Exhibition, Huang Feng, the President of Chuneng New Energy Co., Ltd., made predictions about the future market situation of energy storage battery cells for the next two years. He pointed out that from 2026 to 2027, the market for energy storage battery cells will be relatively tight, with the supply-demand relationship being the determining factor. Huang Feng analyzed that China's production and sales of battery cells account for over 90% of the global market. By 2025, China's production and sales volume is estimated to be around 600 gigawatt-hours, with a shortage of cells already appearing in the second half of the year, with actual production capacity of over 500 gigawatt-hours. If calculated with an industry average growth rate of 35%, this year's demand will reach 800-850 gigawatt-hours, putting pressure on the entire market. Furthermore, domestic policies like Document No. 136 and Document No. 114 will accelerate the growth of the energy storage industry in China, while adjustments in overseas tax refund policies may increase industry growth to around 40%, further exacerbating the supply-demand gap. Additionally, the long investment cycle and slow ramp-up of production lines for battery cells, combined with the delayed release of upstream raw material production capacity, will collectively lead to a shortage in battery cell supply.