XIAMEN, CHINA--(Business Wire / Korea Newswire)--Hithium has been ranked among the top five battery manufacturers in terms of energy storage products shipped in 2023 in a new analysis of 2023 stationary energy storage manufacturer shipments by the China Energy Storage Alliance (CNESA). In addition, ranked as the No. 2 for utility-scale projects in its home market of China released by ESSA. Founded in 2019 with a focus exclusively on stationary batteries, Hithium first shipped products in 2022. The company entered the global energy storage market in 2023, climbing to fifth position in the ranking within its first year on the world stage.

Hithium ranks in 2023’s Top 5 for global BESS shipments (Photo: Business Wire) Rankings validate Hithium’s “Just BESS” strategy

“These new rankings show that we’ve been able to deliver the kind of quality, safety, and innovation our partners need, and thus earn their trust in our first year on the global market. We’re very proud of this achievement—in only our second year of shipping battery products,” Hithium CEO and co-founder Jason Wang said. “The 2023 results also affirm our strategy to focus solely on stationary energy storage and to enter the global market quickly. Specialization enables us to put all our resources into this one segment, which is so crucial for the energy transition all over the world.”

Hithium has now shipped over 20GWh in total, after tripling the capacity, and the number of projects, it supplied between 2022 and 2023. At the same time the company has built out its production capacity, announcing the completion in December of the first stage of a highly automated new facility in Chongqing.

Technological focus on reducing LCOS through longer product lifespan, lower project costs

Among the company’s technological achievements is its new 314Ah cell, featuring an 11000-cycle life, They also include the 5MWh Hithium “∞Block” container with a novel mechanical design that increases energy throughput over the product’s lifespan by up to 25% and helps project developers save on CAPEX, like reducing land costs by up to 20%.

About HiTHIUM

Founded in 2019, HiTHIUM is a leading manufacturer of top-quality stationary energy storage products for utility-scale as well as commercial and industrial applications. With four distinct R&D centers and multiple “intelligent” production facilities, HiTHIUM’s innovations include groundbreaking safety improvements to its lithium-ion batteries as well as increases in lifecycle. With decades of cumulative experience in the field among its founders and senior executives, HiTHIUM leverages its specialization in BESS to deliver partners and customers unique advances in energy storage. The company is based in Xiamen, China, with further locations in Shenzhen, Chongqing, Munich, Dubai, and California. HiTHIUM has shipped 20+ GWh of battery capacity to date.

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Website: https://hithium.com/en/ View Korean version of this release Contact Hithium
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This news is a press release provided by HiTHIUM Energy Storage Technology Co., Ltd.. Korea Newswire follows these editorial guidelines. HiTHIUM Energy Storage Technology Co., Ltd. News ReleasesSubscribeRSS 하이티움, 2023년 글로벌 BESS 출하량 톱5 선정 하이티움(Hithium)은 중국 에너지 저장 연합(China Energy Storage Alliance, CNESA)의 2023년 고정식 에너지 저장 제조업체 출하량 분석에서 2023년 가장 많은 에너지저장 제품을 출하한 상위 5개 배터리 제조업체로 선정되었다. 또한 ESSA가 발표한 중국 내수 시장에서 유틸리티 규모 프로젝트 2위에 올랐다... 4월 11일 14:30 Hithium to Supply Powin With 5GWh Battery Cells Stationary battery manufacturer Hithium has signed on to supply 5GWh of battery capacity to global energy storage platform provider Powin, LLC. The duration of the deal is three years, with the two companies having signed their first agreement earlier in 2023 for the delivery of at leas... 1월 18일 09:55 ... More  More News Heavy Industries Renewable Energy Electrical Energy Awards Overseas HiTHIUM Energy St... All News Releases 