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

Jon Capistrano
Jon Capistrano
April 1, 2017

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

Leave a Reply

Your email address will not be published. Required fields are marked *

Share on facebook
Share on twitter
Share on linkedin
OUR MOST POPULAR POSTS

Trending Posts

Making a Big Deal of Microgrids
Solar

Making a Big Deal of Microgrids

Australia is right now experiencing an energy revolution. It’s profoundly exciting. Yet if there’s one challenge we are facing, it’s that because the speed and scale of change is so vast, it’s easy for certain aspects of it to be overlooked a little now and then.

The Ambitions of the Asian Renewable Energy Hub
Green Energy

The Ambitions of the Asian Renewable Energy Hub

Australia has always known it would build stronger ties throughout Asia. There are many reasons for this, but central is the shared cultural and economic links that connect a nation of 25 million into a region of over 4.5 billion.