Top 10 Energy Storage System Bids in October 2025: Hyperstrong Dominates with 5GWh, Ganfeng Ranks Third

Deep News2025-11-19

In October 2025, China's energy storage system (non-centralized procurement) bidding reached a total of 4.01GW/16.81GWh. The top three companies by bidding volume were Beijing Hyperstrong Technology Co., Ltd. (Hyperstrong), CRRC Zhuzhou Institute, and Ganfeng Lithium, collectively securing 8.82GWh, accounting for 54.76% of the market share.

Hyperstrong demonstrated strong competitiveness, topping the list with 5GWh in awarded projects, including two independent energy storage projects: Baotou Weijun (500MW/3000MWh) and Ordos (500MW/2000MWh). Meanwhile, CRRC Zhuzhou Institute won five energy storage system orders totaling 2,223MWh, with its largest single order being the Zhongludian Ruoqiang project (500MW/2000MWh). Ganfeng Lithium ranked third with 1,600MWh, primarily from two grid-forming energy storage projects: Fanzhi Zhiyuan Juneng (200MW/800MWh) and Fanzhi Xunyue (200MW/800MWh).

Other top 10 bidders included CATL, Zhongtian Energy Storage, Hop Digital Intelligence, Jingkong Energy, CRRC Sifang Institute, Huadian Engineering, and Sungrow. CATL and Zhongtian Energy Storage each secured over 1GWh in projects, such as Gansu Huitong New Energy’s 300MW/1200MWh independent energy storage project and Xinjiang’s 73rd Regiment Jintang Park 300MW/1200MWh shared storage project.

Hop Digital Intelligence won a 5.2 billion yuan bid for China Power Construction’s Dunhuang Guosheng Nandu 200MW/800MWh independent energy storage project. Its subsidiary, Shanghai Hop Digital Intelligence, signed a 500 million yuan (tax-included) procurement contract with Nanjing Sixiang New Energy for the same project.

October’s bidding also highlighted a trend toward large-scale projects, with five GWh-level orders totaling 9.4GWh, contributing 58.3% of the market share. The top three bidders by project volume were China Power Construction Hubei Engineering, China Power Construction Hubei Institute, and Ningxia Power Construction, with China Power Construction leading by a significant margin.

For 2h energy storage systems, October’s bid prices ranged from 0.485–0.85 yuan/Wh, with winning bids averaging 0.59 yuan/Wh. The lowest bid (0.485 yuan/Wh) came from XJ Group for Hubei Energy Group’s Lichuan Jiannan 19MW/38MWh project, while the highest (0.85 yuan/Wh) was CATL’s bid for Chongqing Fengjie Power Plant’s thermal-storage coupling project.

For 4h systems, bid prices ranged from 0.43–0.616 yuan/Wh, with winning bids averaging 0.4469 yuan/Wh. The lowest bid (0.43 yuan/Wh) was from Zhongtian Energy Storage for Longjiang Energy Construction’s 73rd Regiment shared storage project, while the highest (0.616 yuan/Wh) was NARI Relay’s bid for Tibet’s 100MW wind power project with 20MW/80MWh grid-forming storage.

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