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Selectronic & LG Chem to offer Australians more flexible energy solutions

26.03.2018

Selectronic & LG Chem to offer Australians more flexible energy solutions
On and off-grid solutions now available for the new & retrofit market

Sydney, Australia, 24 April, 2017 – LG Chem, Ltd., one of the world's leading manufacturers of lithium-ion batteries have announced compatibility with Selectronic, Australia's leading provider of battery inverters.

The LG Chem RESU/Selectronic pairing will provide consumers with a quality solution to not only reduce their electricity spend, but also can provide a steady flow of power during grid outages.

The collaboration was formed on the single mindset and need for improved energy storage solutions within the Australian market. Using a Selectronic SP PRO battery inverter with LG Chem RESU batteries will provide much needed power security to consumers – this combination will ensure that people have back-up power during blackouts and extreme weather.

"We're excited to now be compatible with the leading Australian inverter manufacturer," said Jamie Allen, Business Manager, Australia and Pacific, at LG Chem. "Selectronic has over 35 years of providing Australian-made energy storage solutions for both on- and off-grid applications. It's an exciting prospect to see the two companies come together to provide such flexible solutions."

This storage solution is ideal for the retrofit market; it can be added to any existing grid-tie solar system or incorporated into a new installation. As feed-in-tariff's wind down, there are no longer incentives driving consumers to send their excess energy back into the grid. This solution allows consumers to regain control over their electricity consumption by storing their solar-generated energy to reuse at night and during peak times. People may even choose to go completely off-grid with LG Chem and Selectronic.

"Over the years, we've seen a lot of lithium solutions come and go," said Rod Scott, CEO at Selectronic. "We've been in the industry for a long time, and are careful to put out the right solutions and partner with the right companies. Working with LG Chem was a good opportunity and a great fit for Selectronic".

The integration of LG Chem's RESU series with Selectronic's world-class inverter has gone through significant R&D and field testing by both companies to ensure the Australian consumer was getting the best solution. There are more than 30 field test sites around Australia enjoying the benefits of this rock-solid combination.

"It's easy to put out a solution and not be around to back it up," said Scott. "Working with LG Chem means we're working with a trusted brand that has a proven track record. It's an exciting time with a lot of technologies and companies in a very fast moving market, so it's important to sort through what is and isn't a reliable solution."

For more information visit http://www.lgesspartner.com/

About LG Chem Ltd.
LG Chem, Ltd. is Korea's largest diversified chemical company which operates three main business units: Petrochemicals, IT & Electronic Materials and Energy Solution. The chemical business manufactures a wide range of products, from petrochemical goods to high-value added plastics. It also extends its chemical expertise into high-tech areas such as electronic materials and rechargeable batteries field. Based on the many years of experience in the development and production of batteries, LG Chem is one of the world''''s leaders in energy storage systems. As such, the company is a primary supplier for the mobile and automotive industry around the world. Entering the business of ESS in 2010, LG Chem has constantly developed and supplied innovative solutions for the ESS market segments such as Grid, Residential and UPS. Throughout multiple production facilities and an extensive distribution network globally, LG Chem has become a global leading company.

About Selectronic
Selectronic has been delivering energy solutions to Australia and the world for more than fifty years. It has been designing and manufacturing battery-based multi-mode inverters in Melbourne, Australia since 1981. The SP PRO is a smarter battery inverter that can be used in almost any situation; both off-grid and Solar Hybrid (grid-connect) for residential, commercial and industrial projects. The SP PRO is compatible with solar, wind, hydro, microgrids and generators. Selectronic is a second generation family-owned and operated company that employs around 30 staff in outer-eastern Melbourne. It exports to countries all over the globe. You can find an SP PRO in the tropics of Indonesia, the mountains of the Himalayas, the outback of Australia and on homes throughout the world.

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