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Ningde Times' Zeng Yuqun: Over 300,000 Energy Storage Companies Exist, and 'Orphan Power Stations' Will Emerge After Mass Eliminations
3 day ago /
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Author：小编
At the 2025 World Energy Storage Conference, Zeng Yuqun, founder of Ningde Times, pointed out that the energy storage industry is at a critical juncture of transformation, facing five major challenges, including safety hazards, intense price competition, and disorderly expansion. Currently, there are over 300,000 registered energy storage companies. As full marketization progresses, industry consolidation will accelerate, leading to the elimination of a large number of companies and the emergence of 'orphan power stations.' An 'orphan power station' refers to a power station that remains in existence but lacks maintenance after the company closes.
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