Energy Acuity, a leading provider of power generation and power delivery market intelligence, has compiled a list based on key attributes, of the top energy storage companies in the world. These companies are leading the energy storage industry and are considered the top “influencers” in the space.
Top Energy Storage Companies List View
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2.) NextEra Energy Resources
3.) BYD Company
4.) Samsung SDI
5.) Parker Hannifin
6.) GE Energy
7.) LG Chem
8.) GreenSmith Energy Management Systems
10.) NEC Energy Solutions
14.) Xtreme Power
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Fluence, a Siemens and AES company, is a global leader in the market for utility-scale energy storage technology and services, combining the agility of a technology company with the expertise, vision, and financial backing of two industry powerhouses. Established in 2018 as the successor to industry pioneers AES Energy Storage and Siemens energy storage, Fluence’s goal is to create a more sustainable future by transforming the way we power our world. The company offers proven energy storage solutions designed to address the diverse needs and challenges of customers in a rapidly changing energy landscape. One of Fast Company’s Most Innovative Companies for 2019, Fluence has now deployed or been awarded about 1 gigawatt of energy storage projects in 18 countries.
– Fluence has 97.60MW of onshore wind capacity
– Fluence is actively working on 95 projects (deployed or awarded) in 21 countries and territories around the world.
NextEra Energy Resources Description
NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company with consolidated revenues of approximately $17.2 billion, operates approximately 46,790 megawatts of net generating capacity and employs approximately 14,000 people in 33 states and Canada as of year-end 2017. Headquartered in Juno Beach, Florida, NextEra Energy’s principal subsidiaries are Florida Power & Light Company, which serves approximately 5 million customer accounts in Florida and is one of the largest rate-regulated electric utilities in the United States, and NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world’s largest generator of renewable energy from the wind and sun and a world leader in battery storage. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from eight commercial nuclear power units in Florida, New Hampshire, Iowa, and Wisconsin.
– NextEra has $50-55B USD planned investment in American infrastructure through 2022
– 45,500MW of net generating capacity
– 770% total shareholder return over the last 15 years
– NextEra is the world’s largest operator of wind and solar projects
– NextEra Operates across 32 U.S. states, 4 Canadian provinces and 1 providence in Spain
3.) BYD Company
BYD Company Description
Established in February 1995, BYD Company Limited specializes in IT, automobile and new energy. BYD is the largest supplier of rechargeable batteries on the globe, and has the largest market share for Nickel-cadmium batteries, handset Li-ion batteries, cell-phone chargers, and keypads worldwide. It is the largest supplier of rechargeable batteries and it also has the second largest market share for cell-phone shells in the globe. BYD Auto has become one of the most innovative independent national auto brands and leads the field of electric vehicles with unique technologies. In the field of new energy, BYD has developed green products such as solar farm, battery energy storage station, electric vehicle, and LED, etc.
– BYD now captures over half of the world’s mobile-phone battery market
– In 2017, PV Magazine has awarded BYD the top category of innovation on its newly launched battery storage system that advances progress in three categories: modularity, charging and discharging capacity, and efficiency.
– In 2010, BusinessWeek ranked BYD the eighth most innovative company in the world
4.) Samsung SDI
Samsung SDI Description
Samsung SDI Co., which is headquartered in South Korea, is the global leading manufacturer of Lithium-Ion Battery for IT application such as Cell Phone, Note PC and Industrial Application. To expand its business scope of Battery, Samsung SDI set up the Joint Company of Battery for xEV with Bosch in 2008. Samsung SDI has been proudly selected in the DJSI (Dow Jones Sustainability Indexes) for the first time as a Korean company and that we have been listed successively for 6 years.
– Listed on the Dow Jones Sustainability World Index (DJSI World) in “Electronic Equipment, Instrument & Component Industry” area
– In November 2014, Samsung SDI unveiled the world’s first flexible battery which is not only bendable but also rollable
– Samsung SDI boasts global ESS market share of 23.6%
Parker Hannifin Description
Parker Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates in two segments, Diversified Industrial and Aerospace Systems. The Diversified Industrial segment provides static and dynamic sealing devices; filters, systems, and diagnostics solutions to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors, which control, transmit and contain fluid; hydraulic, pneumatic, and electromechanical components and systems for builders and users of industrial and mobile machinery and equipment; and critical flow components for process instrumentation, healthcare, and ultra-high-purity applications, as well as components for use in refrigeration and air conditioning systems, and in fluid control applications for processing, fuel dispensing, beverage dispensing, and mobile emissions. Founded in 1918, Parker Hannifin is headquartered in Cleveland, Ohio.
– In 2016, the company was ranked 230 in the Fortune 500
– Parker employs about 58,000 people globally and has been publicly traded on the NYSE since December 9, 1964
– The firm is one of the largest companies in the world in motion control technologies, including aerospace, climate control, electromechanical, filtration, fluid and gas handling, hydraulics, pneumatics, process control, and sealing and shielding.
6.) GE Energy
GE Energy Description
GE Renewable Energy is a $10B start-up that brings together one of the broadest product and service portfolios of the renewable energy industry. Combining onshore and offshore wind, hydro and innovative technologies such as concentrated solar power and more recently turbine blades, GE Renewable Energy has installed more than 400+ gigawatts capacity globally to make the world work better and cleaner. Their goal is to demonstrate to the rest of the world that nobody should ever have to choose between affordable, reliable, and sustainable energy.
– GE Energy boasts more than 22,000 employees present in more than 60 countries
– GE Energy has an estimated 1,252 active projects totaling approx. 108GW of capacity
– The Markbygden onshore wind project in Sweden, which is currently under construction, will be GE Energy’s largest renewable energy project with a 4,000MW planned capacity
7.) LG Chem
LG Chem Description
LG Chem Inc. manufactures large, lithium-ion polymer battery cells and battery packs for electric vehicle (EV) and energy storage applications. Lg Chem’s internal counterpart, located in South Korea, has global operations focused on Basic Materials & Chemicals, IT & Electronic Materials, Advanced Materials, and Energy Solutions. LG Chem is part of the LG Group (www.lgchem.com).
– LG Chem has 8 factories in South Korea and a network of 29 business locations in 15 countries (these include 1 holding company in China, 14 overseas manufacturing subsidiaries, 5 marketing subsidiaries, 7 representative offices, and 2 R&D centers)
– LG Chem completed development and began mass production of Korea’s first lithium-ion batteries back in 1999 and by the end of 2011, LG Chem was the world’s third-largest maker with an annual production capacity of 1 billion cells.
GreenSmith Energy Management Systems Description
Wärtsilä, GreenSmith Energy’s parent company, is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasizing sustainable innovation, total efficiency and data analytics, Wärtsilä maximizes the environmental and economic performance of the vessels and power plants of its customers. In 2017, Wärtsilä’s net sales totaled EUR 4.9 billion with approximately 18,000 employees.
– Wartsila has operations in over 200 locations in more than 80 countries around the world.
– More than 70 turnkey energy storage systems globally
– More than 50 customers, including utilities and independent power producers (IPPs)
Commonwealth Edison Company (ComEd) is a unit of Chicago-based Exelon Corporation (NYSE: EXC), the nation’s leading competitive energy provider, with approximately 10 million customers. ComEd provides service to approximately 3.9 million customers across northern Illinois, or 70 percent of the state’s population.
– ComEd has made an investment worth $2.6 billion in what is known as their “Smart Grid.” The plan will modernize the electric grid in Illinois by improving electric lines, installing smart meters and otherwise upgrading what the company says was badly outdated infrastructure.
– The earliest predecessor of Commonwealth Edison was the Isolated Lighting Company, established in early 1881 by George H. Bliss as a subsidiary of Thomas Edison’s company to sell small Edison-patented generators and lighting systems, each serving one building or several nearby buildings.
10.) NEC Energy Solutions
NEC Energy Solutions Description
NEC Energy Solutions designs, manufactures, and integrates smart energy storage solutions for the electric grid, behind the meter, and critical power applications. Its scalable distributed energy storage and control systems provide greater grid stability and flexibility to the benefit of both providers and users of electricity. In telecom, datacenter, and other industrial applications, its high-performance lithium-ion battery systems provide better value than traditional lead-acid batteries in tough, critical power applications.
– NEC Energy has deployed over 110MW of grid storage capacity around the world
– NEC ES has extensive experience installing and commissioning commercial grid energy storage solutions with power ratings ranging from 50 kW to more than 50 MW at numerous sites around the world
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11.) RES Americas
RES is the world’s largest independent renewable energy company active in onshore and offshore wind, solar, energy storage and transmission and distribution. At the forefront of the industry for over 35 years, RES has delivered more than 16 GW of renewable energy projects across the globe and supports an operational asset portfolio of 5 GW worldwide for a large client base. Understanding the unique needs of corporate clients, RES has secured 1 GW of power purchase agreements (PPAs) enabling access to energy at the lowest cost.
– In 2005, RES won a Queen’s Award for Enterprise in the Sustainable Development category
– RES has constructed over 300MW (21 projects) of energy storage capacity in 10 electricity markets
– RES has 80MW of operational energy storage capacity in the UK
– RES uses 6 battery suppliers that include 10+ storage functions.
Invenergy drives innovation in energy. Invenergy and its affiliated companies develop, own, and operate large-scale renewable and other clean energy generation and storage facilities in the Americas, Europe, and Asia. Invenergy’s home office is located in Chicago and it has regional development offices in the United States, Japan, Canada, Mexico, Colombia, and Poland. Invenergy and its affiliated companies have developed more than 22,600 megawatts of projects that are in operation, construction or contracted, including wind, solar, natural gas-fueled power generation and energy storage projects.
– In 2015, Invenergy’s Grand Ridge Energy Center won Energy Storage North America’s Innovation Award and was named the Power Engineering & Renewable Energy World Magazine’s Project of the Year
– In January 2013, Quebec’s public pension fund manager, the Caisse de dépôt et placement du Québec, invested $500 million in the company’s portfolio of operating wind farms
Tesla, Inc designs, develops, manufactures, and sells electric-powered vehicles, and effort generation and storage programs in the United States, China, Norway, and across the world. The company operates in two segments, Automotive, and Energy Generation and Storage.
– The Tesla Powerpack system scales to space, power and energy requirements of any site, from small commercial businesses to regional utilities
– Less than two years ago, Tesla built and installed the world’s largest lithium-ion battery in Hornsdale, South Australia, using Tesla Powerpack batteries, the facility saved nearly $40 million in its first year alone and helped to stabilize and balance the region’s unreliable grid
– Tesla can deploy an emissions-free 250 MW, 1 GWh power plant in less than three months on a three-acre footprint – four times faster than a traditional fossil fuel power plant of that size
14.) Xtreme Power
Xtreme Power Description
Aggreko, Xtreme Power’s parent company, founded in 1962 and headquartered in Glasgow, Scotland, is a supplier of power generation equipment and temperature control equipment. The company provides gas and diesel generator, load banks, heaters, air conditioners, and chillers.
– Aggreko’s Y.Cube comes in 1 MW building blocks with either 30 or 60-minute durations and can cover a variety of applications, all of them key for a more flexible, reliable and cost-effective power
– Y.Cube is a ready-to-install energy storage system – with everything included in a standard 20ft container (includes batteries, inverter, HVAC, fire protection and auxiliary components, and operated by the smartest software on the market
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