With the first shipment of Tesla’s Powerwall 2 battery systems set to hit Australian shores, prices of home energy storage continue to tumble, shifting the target market from early adopters, to the “early majority”.
LG Chem
LG Chem unveils new battery storage, adding more choice for solar households
South Korean company with biggest share of Australian grid-connected battery storage market has released new range, from stackable 3.3kWh lithium-ion to 9.8kWh.
LG Chem to unveil new battery storage range in Australia next week
South Korea lithium-ion battery storage manufacturer LG Chem to use Australia as launch pad for new range of products next week.
LG Chem ramps up Australian battery storage plans ahead of "critical solar decade"
LG Chem reveals plans to ramp up its battery storage business in Australia, predicting a five-fold increase in sales in 2016, and an even greater rate of growth in 2017, when solar FiTs are ratcheted down.
Battery storage for households: How products compare in price and performance
The Australian market is seen as a global testing ground for battery storage products, which is why nearly all the major battery storage developers are releasing products here. One product, however, emerges as a clear leader.
LG Chem pushes Australian battery storage prices further down the curve
New 6.4kWh system from LG Chem brings costs at top end of the range down towards $1,000kWh, reinforcing the growing wedge between solar and storage and grid prices.