LG Chem and SMA Partnership Continued in Meeting Solar and Storage Boom

Battery manufacturer LG Chem and inverter giant SMA have teamed up to offer a storage solution that is designed for residential use.

LG Chem and SMA have been teamed up for the past 4 years promoting a storage solution they said is designed for residential use with SMA’s Sunny Boy Storage 2.5 battery inverter with LG Chem’s RESU10H solar storage unit, according to LG Chem Business development manager Jamie Allen.

Allen stated the benefit of solar and storage is best understood by basing at the basic economics which is, lower utility bills. A common system costs about $15,000 with 5 kilowatts of rooftop solar. A Sunny Boy inverter and a 10 kilowatt-hour will produce about 22 kilowatt-hour, which leaves about 9 kilowatt-hours for nighttime use.

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