SolarEdge Technologies, Inc. a global leader in PV inverters, power optimizers, and module-level monitoring services, and LG Chem Ltd announced the compatibility of SolarEdge’s StorEdge solutions and LG Chem’s new high voltage RESU10H and RESU7H batteries. The product compatibility will help further advance the accessibility to cost-effective residential solar generation, storage, and consumption.
With both on-grid and backup solutions, the new offering supports increasing self-consumption, providing power backup, and enabling energy independence. LG Chem’s RESU batteries use Li-ion technology, and their compactness allows for easy and flexible installation, both inside and outside. The RESU batteries have a high energy density and are designed for high efficiencies and a long lifetime.
“Through this collaboration, SolarEdge is adding LG Chem RESU batteries to our StorEdge solution compatibility in order to extend our offering of cost-effective and integrated energy generation, storage, and consumption,” stated Lior Handelsman, Marketing and Product Strategy VP of SolarEdge. “Building on our respective expertise, we hope to lower the cost of solar energy and accelerate the adoption rate of integrated solar energy generation and storage.”
Key data points: The growth forecast = 24.3% annually for the next 7 years. Scroll below to get more insights. This market report covers Trends, opportunities and forecasts in photovoltaic customized component market to 2031 by type (photovoltaic balcony module, photovoltaic street light module, photovoltaic container power generation warehouse, photovoltaic roof, and others), application (industrial, commercial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Download free sample pages“Offering battery compatibility with SolarEdge’s StorEdge solution is ideal as the company is a leading global inverter manufacturer,” said Sung Hoon Jang, Ph.D, Senior Vice President of LG Chem and Head of ESS Battery Division. “Taking RESU’s compatibility with various inverters as a key factor, LG Chem is very pleased to announce StorEdge as one of our main compatible inverters.”
Designed to manage both functions with just one SolarEdge DC optimized inverter, the combined solution will include remote monitoring and troubleshooting to keep operations and maintenance costs low. The StorEdge™ solution will support both DC and AC coupling. As with SolarEdge PV systems, StorEdge™ offers enhanced safety by reducing voltage to a safe level upon AC shut down when not in backup mode. The upgrading of existing SolarEdge systems is supported.
