Tier classification of energy storage products

What are the tiering criteria for energy storage?

From 1Q 2025, an energy storage brand to be listed as tier 1 must have supplied products to at least three different third-party buyers in the last two years. We may change these criteria further. In addition, the tiering team reserves the right to reject projects which are demonstration, not fully commercial.

What is Tier 1 energy storage?

From 1Q 2025, the criterion for an energy storage brand to be listed as tier 1 is that it must have supplied, or be firmly contracted to supply, products to six different eligible projects in the last two years. To be eligible, each project: must be larger than 10MW or 10MWh (whichever is higher).

Does JinkoSolar rank on BNEF's energy storage tier 1 list?

JinkoSolar Ranked on BNEF's Energy Storage Tier 1 List! Recently, Bloomberg New Energy Finance (BNEF) released the "BNEF Energy Storage Tier 1 List 2Q 2024", and JinkoSolar has made it to the list due to its outstanding strength in the energy storage field.

Which energy storage providers are ranked in 2025?

Bloomberg New Energy Finance (BNEF) has released its 2025 Q1 Global Tier 1 Energy Storage Provider List, and Zhejiang Jinko Energy Storage Ltd. (Jinko ESS) has once again secured a place on this prestigious ranking.

What are the different types of energy storage systems?

Energy storage systems (ESS) can be widely classified into five main categories: chemical, electrochemical, electrical, mechanical, and thermal energy storage. Chemical energy storage systems are one of these categories.

How is an energy storage system (ESS) classified?

An energy storage system (ESS) can be classified based on its methods and applications. Some energy storage methods may be suitable for specific applications, while others can be applied in a wider range of frames. The inclusion of energy storage methods and technologies in various sectors is expected to increase in the future.