# Output Production Surges 84%! Energy Storage Track Remains Red-Hot, 12 Concept Stocks Under Fund Scrutiny

Latest data shows that energy storage battery production increased by 84% in the first two months.

On March 17, the energy storage sector was active, with several stocks rising against the market trend, including NaBaiChuan, ShunNa Shares, Chint Power, GCL Integration, hitting daily limits. Yicheng New Energy, Li New Energy, Helen Tech, Sanhui Electric rose over 4%.

Significant Growth in Energy Storage Battery Production

On March 16, the National Bureau of Statistics released the economic operation data for January-February 2026, showing lithium-ion battery production increased by 42.6%, lithium carbonate by 29.3%, with energy storage lithium-ion batteries up by 84%.

A spokesperson for the National Bureau of Statistics stated that China’s green energy transition has been steadily advancing, with remarkable results. The development of wind, photovoltaic, and other new energy sources has driven the growth in energy storage demand, leading to rapid product expansion.

Since 2026, the energy storage market has performed exceptionally well. According to data from the China Chemical and Physical Power Industry Association Energy Storage Application Branch, the new installed capacity of domestic emerging energy storage in the first two months reached 9.51 GW/24.18 GWh, with power and capacity increasing by 182.07% and 472.06% year-over-year, respectively.

The bidding market is also active. In February 2026, new bidding (including pre-bidding) for emerging energy storage reached 15.5 GW/53.9 GWh, with power and capacity up 94.1% and 73.3% year-over-year.

Recent explosive demand for energy storage is mainly driven by two factors: the surge in AI computing power creating new application scenarios, and a phased overseas market rush to install.

On one hand, AI infrastructure has become a significant new driver for energy storage, as data centers consume enormous amounts of electricity. Energy storage helps “peak shaving and valley filling,” effectively smoothing electricity loads, reducing costs, and providing emergency support for critical loads. The large-scale development of data centers is expected to open new growth opportunities for the energy storage market.

On the other hand, the export rush provides strong short-term support. Earlier this year, the Ministry of Finance and the State Taxation Administration issued notices on adjusting export tax rebate policies for photovoltaic and other products, prompting lithium battery companies to accelerate production and deliver overseas orders early. According to the Battery Alliance, in the first two months of this year, China exported a total of 48 GWh of power and energy storage batteries, a 24.6% increase year-over-year, with energy storage batteries accounting for 13.5 GWh, or 28% of total exports.

Emerging Energy Storage Included in New Pillar Industries

This year, policies continue to favor emerging energy storage. The government work report emphasizes “building a new power system, accelerating smart grid construction, developing new energy storage, and expanding green electricity applications.”

At the April 6th press conference of the 14th National People’s Congress, Zheng Ganjie, Director of the National Development and Reform Commission, explicitly listed new energy storage as one of the “Six Major Emerging Pillar Industries.” The industry’s strategic importance in China’s energy transition is increasingly recognized.

Policy mechanisms for the energy storage industry are also improving. In January, the National Development and Reform Commission and the National Energy Administration issued a notice on “Improving the Capacity Electricity Price Mechanism,” proposing the establishment of an independent capacity electricity price mechanism for new energy storage on the grid side. It clarifies that independent new energy storage stations on the grid can be compensated with capacity prices based on local coal power capacity prices, filling the market’s revenue mechanism gap.

The “Special Action Plan for Large-Scale Construction of New Energy Storage (2025–2027)” sets a clear goal: by 2027, the nationwide installed capacity of new energy storage will exceed 180 GW, with direct investment around 250 billion yuan, providing a clear growth outlook.

Supported by policies, the new energy storage industry is experiencing rapid growth. According to data from the Zhongguancun Energy Storage Industry Technology Alliance, China’s cumulative installed capacity of new energy storage reached 144.7 GW in 2025, an 85% increase year-over-year and 45 times the level at the end of the 13th Five-Year Plan.

12 Stocks Surveyed by Fund Companies

According to Securities Times and Data Treasure, there are 57 A-share stocks involved in the energy storage industry chain, with an average increase of 11.76% since the beginning of the year. Baichuan Shares, Chint Power, and Shenling Environment lead with gains of 99.44%, 73.48%, and 51.15%, respectively.

As the industry develops rapidly, concept stocks related to energy storage continue to attract institutional attention. Data shows that this year, 12 stocks have been surveyed by fund companies, with Tianci Materials, Zhongwei New Materials, and Haopeng Technology being the most frequently visited, with 35, 16, and 9 fund companies respectively.

During investor surveys, Tianci Materials stated that the deployment of new capacity for lithium hexafluorophosphate is mainly based on market demand and market share goals. The originally planned 35,000 tons of new capacity is progressing as scheduled, expected to be operational in the second half of 2026.

Zhongwei New Materials indicated that it has built 200,000 tons of capacity for iron phosphate and 50,000 tons for lithium iron phosphate cathode materials. The company is gradually establishing an integrated layout from upstream resources to downstream materials to ensure supply chain stability and enhance cost advantages.

Forty energy storage stocks have released their 2025 performance forecasts, with 24 showing year-over-year growth (including profit turnaround). Leading stocks such as Lead Intelligent, Tianci Materials, Ruitai New Materials, Haopeng Technology, Gotion High-tech, and Pylon Technologies have achieved over 100% growth.

Many companies mentioned the high prosperity of the energy storage industry in their earnings forecasts. Kelon Electronics noted that the rapid development of the industry has significantly increased delivery volume, boosting revenue.

Shanshan Shares stated that its anode material business benefits from strong downstream demand from new energy vehicles and energy storage markets, with continuous capacity release leading to substantial year-over-year sales growth.

Disclaimer: All information from Data Treasure does not constitute investment advice. The stock market involves risks; invest cautiously.

Proofread: Wang Wei