2026–04–01 – Global Storage Demand Fuels Growth for Great Power

The Shenzhen‑listed Guangzhou Great Power Energy & Technology Co. Ltd. (GREAT POWER) continues to benefit from the accelerating global uptake of energy‑storage systems. On 1 April 2026, the company’s share price closed at CNY 56.44, comfortably below its 52‑week high of 63.96 but well above the low of 20.50 reached in April 2025. With a market cap of 28.5 billion CNY, Great Power is positioned to capture the upside in a sector that is expanding at unprecedented rates.

1. The Storage Surge and Its Implications for Great Power

The 14th International Storage Energy Summit in Beijing announced that global battery‑storage capacity is expected to grow 8 – 17 fold between 2024 and 2035. In China alone, the new‑generation storage market is projected to reach 66.4 GW of installed capacity by the end of 2025, a 52 % increase in power and a 73 % increase in energy capacity over the previous year. These figures translate into an explosive rise in demand for lithium‑ion and other advanced batteries—the very products that form the core of Great Power’s portfolio.

Great Power’s product catalogue spans rechargeable Ni‑MH, polymer Li‑ion, and Li‑ion button batteries, as well as Li‑FeS₂, Li‑MnO₂, and zinc‑air primary cells. The company also manufactures battery packs for electric vehicles (EVs), consumer electronics, and portable energy‑storage tanks for micro‑grids and communication base stations. The breadth of its offerings means that the firm can serve both the growing utility‑scale storage market and the burgeoning consumer‑electronics segment.

The company’s 2026‑03‑30 trading data reveal a price‑earnings ratio of –144.25, indicating that earnings are currently negative—an expected outcome for a high‑growth battery manufacturer whose capital‑expenditure needs remain high. Nevertheless, the sector’s fundamentals are strong, and the company’s cash‑flow generation is expected to improve as new production lines come online and economies of scale kick in.

2. International Reach and Market Position

Great Power sells its batteries to roughly 50 countries and regions, including the United States, Germany, Japan, Canada, Britain, and France. Its export volume is bolstered by a 110 % year‑on‑year jump in new‑energy‑vehicle (NEV) exports reported by Citic Securities on 1 April. While domestic sales face short‑term headwinds, the overseas market remains a core growth driver. The company’s global footprint is therefore well‑aligned with the anticipated shift of storage demand toward India, the Middle East, and Southeast Asia, as highlighted by CNESA’s white paper.

3. Capital Allocation and Production Capacity

According to the CNESA white paper and the series of press releases from A‑stock storage companies, production capacity remains a bottleneck across the supply chain. Great Power’s own announcements have not yet disclosed specific expansion plans, but the firm’s R&D pipeline includes the development of solid‑state and sulfide‑based electrolytes, which are projected to reach pilot‑scale production by 2027 and mass production by 2030. If the company can move these technologies to market ahead of rivals, it would cement its status as a “front‑line” supplier in the fast‑maturing storage ecosystem.

The company’s current 52‑week high of CNY 63.96 reflects a market that is increasingly bullish on storage‑related stocks. A 1.46 % rise in the Shanghai Composite Index on 1 April, together with gains in the ChiNext and STAR markets, underscores a broader investor appetite for technology and innovation stocks, including battery makers like Great Power.

4. Risks and Catalysts

Despite the favorable macro backdrop, several risks remain:

  • Supply‑chain constraints: As noted by the “one‑cell‑shortage” phenomenon reported by Chuan Energy New Energy on 1 April, the market may experience temporary shortages in battery‑cells, which could squeeze margins for early entrants.
  • Regulatory uncertainty: The national energy‑policy announcement in February 2026 introduced a new grid‑side capacity pricing mechanism, but the details of how this will affect battery manufacturers are still evolving.
  • Competitive intensity: Other A‑stock storage players—such as Penghui Energy, Xinxun, and Shiyun—are expanding their production capacities, creating a crowded field for storage‑battery contracts.

On the upside, the company’s ability to deliver cylindrical and square Li‑ion button cells, as well as EV battery packs for diverse vehicle types (dual‑fuel, bus, and light truck), provides multiple revenue streams that can cushion against market volatility.

5. Outlook

With a market cap of 28.5 billion CNY and a robust product mix that spans the entire battery value chain, Great Power is strategically positioned to benefit from the next wave of global storage deployment. The company’s strong international sales network and ongoing R&D in solid‑state chemistries give it a competitive edge. While earnings are negative today, the rapid growth trajectory of the storage sector and the firm’s expanding production capacity suggest that a turnaround in profitability is plausible within the next few fiscal years.

For investors and industry observers alike, Great Power serves as a compelling case study of a Chinese battery manufacturer riding the crest of a worldwide shift toward renewable energy integration and storage‑centric power systems.