Battery producer LG Chem launched a brand new residential power storage product underneath a brand new title on Thursday.
This month, the South Korean conglomerate spun out its battery division, which serves the house, grid and electrical automobile markets, because the singular LG Vitality Resolution. On Thursday, the newly unbiased firm revealed the RESU16H Prime, a residential battery geared for the U.S. backup market. Merchandise will arrive within the U.S. in January and also will ship to Canada and Australia.
LG’s earlier RESU10H offered 5 kilowatts/10 kilowatt-hours of storage. The brand new launch expands that to 7 kilowatts/16 kilowatt-hours of usable power, giving it extra energy and power than rivals just like the Tesla Powerwall.
The smaller iteration typically pressured owners to pick out important masses for backup. The brand new and improved mannequin is billed as robust sufficient to energy an entire residence when the grid goes down. Bigger households can double up for extra capability.
That is well timed, in that People are largely caught at residence because of the nationwide failure to comprise the coronavirus. In California, the biggest residence battery market, residents have endured (and are nonetheless enduring) a report wildfire season, which introduced utility energy shutoffs to 1000’s of properties in arid areas. And the U.S. residential storage market has put in report quantities for six straight quarters, in keeping with Wooden Mackenzie analysis.
“All of us wish to be self-reliant, all of us wish to defend ourselves, our households, our neighbors,” mentioned Linh Tran, director of gross sales for LG’s North American residential storage enterprise, at a digital launch occasion Thursday. “If there’s an influence outage, we’ve extra in danger now than ever earlier than. We should be ready.”
The announcement adopted on the heels of a product recall of sure earlier fashions of the RESU because of overheating issues, reported by Greentech Media earlier this month. Clients with affected battery packs will get a free substitute manufactured in 2020, the corporate mentioned. The product recall was not mentioned throughout the digital launch for the Prime system.
The newly launched product incorporates technological enhancements similar to a modular design: two battery modules slot right into a connection plate, and a management unit connects on high. That’s meant to make dealing with and set up simpler than it could be with a single, heavy package deal, and it permits for straightforward substitute of management tools, if wanted. The product additionally comes with sensible panel know-how from startup Span, and it’s suitable with quite a few inverter suppliers. LG didn’t disclose a urged retail value.
The extra highly effective design additionally positions the model to compete in a extra crowded market that’s shifting towards extra highly effective and longer-lasting residence backup.
Tesla has not considerably up to date its Powerwall for the reason that second-edition launch in 2016; the carmaker had its fingers full making vehicles. However Generac, the incumbent chief in residence backup through diesel turbines, entered the battery market and this summer time launched a souped-up product: the PWRCell delivers 9 kilowatts of instantaneous discharge capability and holds 18 kilowatt-hours of power. Generac mentioned that system can activate energy-intensive gadgets together with air conditioners and nicely pumps, one thing much less highly effective storage gadgets can not do.
German residence battery firm sonnen expanded its lineup just lately with the sonnenCore, a 5-kilowatt/10-kilowatt-hour mannequin that retails for round $9,500. That competes in the identical area of interest as LG Chem’s earlier product, but it surely’s a extra reasonably priced possibility than sonnen’s earlier choices.