The LG Chem Energy Storage System is the company’s answer to the growing energy storage market. Their home battery system offers the latest in lithium-ion technology.
LG Chem is based in South Korea. The company’s history can be traced back to 1947. They have been involved with the solar industry since the 1980’s. LG is poised to become a major energy storage presence worldwide. The company will offer grid level, commercial, and residential energy storage products.
The LG Chem Residential Energy Storage Unit is sized at 6.4 kWh. The company also offers expansion packs of 3.2 kWh to extend typical total potential storage to 12.8 kWh, which would provide enough energy for most residential cases. The system is easily wall mounted for inside or outside use. The primary unit’s total weight is 132 lbs and its dimensions are 16″ x 26″ x 6.5″.
Other key features include –
- Unique lithium-ion chemistry – the company’s Stack & Folding technology allows for increases in electrode thickness, maximizing usable space, increased cell lifespan, and increased thermal stability.
- Life Expectancy – more than 10 years with at least 6,000 cycles to 90 percent depth of discharge.
- Their RESU 6.4 kWh system is relatively lightweight and compact compared to competitors’ offerings.
LG’s energy storage reach is extensive considering the fact that many solar installers already offer their solar panels. Expect their energy storage systems to be widely available by the end of 2016.
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LG Chem’s RESU system offers much value. It has a relatively compact form factor compared to most competitors. The 6,000 minimum cycles is also respectable. The company’s current size and makes their energy storage offering a very competitive value proposition. Their storage solutions can be expected to be as popular as their solar panel systems are.