LG Chem Home Batteries are Powering California's Solar Renaissance

- Efficient energy storage has made solar power a viable solution for those seeking energy independence - RESU home battery technology from LG Chem allows for homeowners to get the most out of their solar panels

Over the past several decades, solar power has gone from a pipe dream to a reality, with California at the beating heart of America's solar ecosystem. What began as a vision for a more sustainable planet has become a multi-billion-dollar industry. Today, this dynamic field is attracting just as many pragmatists as it does idealists and is poised to make a bigger impact than ever, building on past success to lead us one step closer to a green utopia that is both sustainable and profitable.

"The prospects for solar power can be attributed to a number of factors. Not only is the public becoming more aware of renewable energy, but technological innovation is finally keeping pace with growing consumer interest," said Linh Tran, Sales Manager of LG Chem. "While the initial appeal of solar power was primarily centered on its eco-friendliness, it increasingly represents a solid investment for those seeking to secure their access to power. Our home battery solutions are ideal for those looking to live sustainably while also experiencing the full fiscal and financial benefits of solar power."

LG Chem, has been creating advanced lithium ion battery for over 24 years, and its RESU home batteries represent the culmination of these efforts. Now available for back-up applications and programmed discharge, LG Chem RESU will continue to make solar more attractive and drive more solar energy solutions.

"Though I work with several different suppliers for solar panels, 100% of the batteries that I install are from LG Chem" said Barry Cinnamon, founder of Cinnamon Energy and a 40-year veteran of the solar industry. "LG Chem RESU home batteries are easy to install and customers will be quick to notice the difference between LG Chem energy storage solutions and cheaper alternatives. LG Chem RESU home batteries are incredibly reliable, but if there ever are any issues, the company's top-notch customer services are always quick to resolve it."

While advances in solar panel design, construction and materials have led to increased efficiency, important breakthroughs in energy storage have not received the same attention. In fact, solar is becoming increasingly viable thanks to batteries which make it possible to store solar generated energy during the day and use it at night when the cost of energy is typically much higher. Changing utility rates typically have higher costs during the evening peak hours when there is no solar generation available. These changes can nullify potential solar savings. Fortunately, batteries can now compliment solar grids in order to safeguard energy savings. This ensures that solar energy can be accessed during the evening or when weather conditions make peak power generation impossible. After all, what good are increasingly effective solar panels if the energy they create cannot be stored for later use?

Increasing natural disasters have further stressed the importance of securing an independent supply of power. Electrical grids are prone to blackouts during times of distress meaning that having a reliable source of power is now a necessity. While the eco-conscious still make up a large portion of consumers demographics of solar users are more diverse than many would first suspect. Older consumers making up a disproportionate segment of the market because they are particularly vulnerable to prolonged power outages.

LG Chem has been a proponent of solar power since the beginning. Decades of experience have helped the LG Chem remain at the cutting edge in both battery technology and product design. LG Chem RESU home batteries have high energy densities with minimal footprint, and the quality, reliability and performance one would expect from an LG product. These are LG Chem's leading technologies which will be increasingly complimentary to the solar industry.

About LG Chem

LG Chem is one of the world's largest lithium-ion battery manufacturers with a market-leading position in advanced batteries for grid-scale, residential storage and automotive applications. Our advanced lithium ion battery technology is the product of 24 years of experience in the development and production of mobile batteries and large format batteries for automotive and energy storage systems (ESS). LG Chem's commitment to technology leadership coupled with efficient and high-quality manufacturing processes produces batteries that exhibit the highest levels of safety, performance and reliability. For more information, please visit www.LGChem.com.

About RESU

RESU is the home battery solution of LG Chem designed to deal with various situations customers concern about. LG Chem's RESU series, acclaimed for its cutting-edge innovation and technology, offers compact size, easy and fast installation, and wide compatibility with major inverters. A total of five different models are available to meet customers varying needs with respect to voltage and capacity.

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