ENERGY STORAGE: LG CHEM MARKETS ITS OWN POWERWALL

LG Chem competes with Tesla and Mercedes-Benz
The Korean group LG Chem has just launched a new offer of residential energy storage batteries for the North American market . The offer includes AC or DC coupled systems with capacities up to 9.8 kWh . The firm based in Seoul will also offer low and high voltage systems offering respectively 48 V and 400 V.LG Chem is the latest company to offer stationary energy storage units to US homes. Among the rivals of the Korean firm, Tesla , with its Powerwall, Sonnen, and also the German giant Mercedes-Benz (Daimler Group), this year plans to tackle the same market by proposing a complete system of batteries, including In addition to the batteries themselves, an energy management system, an inverter, and a solar system.

A conquest of the market that promises to be difficult
LG already has good experience in the US energy storage market, which the company has acquired as a battery supplier for other companies. In 2015, for example, it signed a $ 300 million contract to supply 1 GigaWatt of batteries to AES, one of the largest US suppliers of energy storage systems.Read full article at The Quebec Times