First-tier battery price list

What makes a Tier 1 battery manufacturer?

On the other hand, one of the characteristics of a tier 1 manufacturer is transparency and good data availability. Manufacturers can help us tier them accurately by sending us (at [email protected]) data on the projects they have provided systems for, and the financing used to support these projects.

What is the Fastmarkets battery Cost Index?

The Fastmarkets Battery Cost Index is an easy-to-use cost model for total cell costs, including cost breakdown of active anode material (AAM), cathode active material (CAM), separator, electrolyte, other materials, energy, labor and operational costs across multiple chemistries and geographies.

What is Tier 1 energy storage?

From 1Q 2025, the criterion for an energy storage brand to be listed as tier 1 is that it must have supplied, or be firmly contracted to supply, products to six different eligible projects in the last two years. To be eligible, each project: must be larger than 10MW or 10MWh (whichever is higher).

What is the battery Cost Index?

Understand costs to guide battery design and economics with Fastmarkets' Battery Cost Index, which gives you pricing granularity for existing battery materials. Find out more here.

Are lithium-ion batteries the future of energy storage?

The high price and inferior cycle life performance of lithium-ion batteries restricted their applications in some markets. However, the rapid rise of EV market over the past two years has driven battery technology to advance and prices to reduce, opening a door for the energy storage market.

How do I get a Tier 1 list?

There is no other way to legally obtain the tier 1 list. Pirate versions released on the internet may have been doctored. The list of tier 1 manufacturers is available to BNEF’s subscribers quarterly. Note that a tier 1 listing is not a recommendation for the company or its products.