Lithium-ion Battery Prices Trend Down; BESS Costs Hit Record

2026.09.24

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Driven by falling upstream lithium carbonate prices and production capacity ramp-up, lithium-ion cells specifically for energy storage keep sliding down in price. Latest data indicates that 280Ah battery cell prices have fallen below ¥0.4/Wh, pulling

Driven by falling upstream lithium carbonate prices and expanded production capacity, the prices of lithium-ion batteries dedicated for energy storage have continued to decline. Latest industry data shows that the price of 280Ah battery cells has dropped below ¥0.4/Wh, further lowering the overall turnkey cost of battery energy storage systems (BESS). This has created a more cost-effective environment for commercial and industrial users to deploy behind-the-meter energy storage systems and significantly shortened the project payback period.

As the advancement of the Dual Carbon goals continues, energy storage, as a core pillar for developing a new-type power system, is embracing unprecedented strategic development opportunities. Sustained policy incentives at the national level and iterative technological upgrades across the industry have injected robust growth momentum into the entire energy storage industrial chain.

In terms of market development, multiple segmented tracks including commercial and industrial (C&I) energy storage, residential energy storage, and large-scale standalone grid-side energy storage are developing rapidly in tandem. Market investment and financing activities remain highly active, with enterprises throughout the industrial chain accelerating strategic layout and capacity expansion. Industry experts point out that the next three years will be a critical transition period for the energy storage sector, shifting from blind scale expansion to high-quality, refined development.

Meanwhile, operational safety, capital cost control and innovative business models remain the three core focuses of the industry. Continuous cost reduction and efficiency improvement under the premise of ensuring system operational safety, as well as unlocking the multi-dimensional value and full-scenario application potential of energy storage via technological and business model innovation, will become the core competitiveness of enterprises in the fiercely competitive market. We will continue to track real-time industry dynamics and deliver the latest market insights and updates.

— July 17, 2026

Source : 公司新闻