LG Chem Says Solar and Storage is More Affordable Than Grid in Australia

The South Korean battery storage manufacturer, LG Chem has claimed the biggest share of the fledging Australian market, stated that solar and battery storage is already beating grid power in most states.

The assessment by LG Chem follows a similar study by private energy consultants and suggests that the market for solar battery storage could be about to take off, even with pending threats of restrictions.

 

So far, LG Chem has found Queensland and New South Wales markets to be the strongest for battery storage. Consumers in regional areas are interested because of the potential of solar batteries as back up.

Click here to read the full story on Clean Technica

LG Chem And Tesla Predicted to Dominate Massive Market for Battery Storage

Morgan Stanley the analyst and investment bank has suggested that LG Chem and Tesla are best positioned to take big market shares in the solar...

Read More
Australian Battery Company Challenges Tesla

Australian Battery Company Challenges Tesla

Australian large-scale battery company, Lyon Solar stated that they can do a better job in providing energy storage in South Australia than...

Read More
South Australia To Receive $1B Solar Farm and World’s Largest Battery

South Australia To Receive $1B Solar Farm and World’s Largest Battery

A massive $1B solar farm and battery project will be built and will be ready to operate in South Australia’s Riverland region by the end of the year.

Read More