Energy Storage System Price List 2025: Key Factors, Market Trends, and Cost Breakdown

As we approach Q2 2025, energy storage system prices have fallen to historic lows, with recent bids in China hitting ¥0.495/Wh ($0.068/Wh) for utility-scale projects . But what's driving this price freefall, and how can buyers navigate this rapidly evolving market? Let's unpack the current pricing landscape through three critical lenses: technological innovation, manufacturing scale, and policy shifts.