News & Events

Performance plus for solar battery storage: LG Chem and SolaX Power enter into strategic partnership

29.03.2016

Performance plus for solar battery storage:
LG Chem and SolaX Power enter into strategic partnership
Solution concept based on ESS technology and hybrid inverter provides better performance and energy management

LG Chem, one of the world's leading manufacturers of energy storage systems, and SolaX Power, a market leader
and manufacturer of battery storage inverters, have announced their strategic partnership with the goal of
establishing a total solution in the solar market. The focus is on the SolaX Power, Hybrid X grid-tied inverter,
which boasts cutting edge technology, to allow the inverter to work both on and off grid, something unique within
it's class, and the first to market. The SolaX Power solution offers an all-in-one charger for recharging and discharging,
a highly sophisticated DC to AC inverter, and an on board energy management system. The battery storage system
from LG Chem is the optimal enhancement for this solution. By linking both products together, users can take
control the energy demands for their home.

The demand for efficient energy storage systems, in particular for photovoltaic systems, is growing rapidly. With this
new partnership, LG Chem and SolaX Power are responding to the needs of the market. The cooperation between
both international companies joins extensive expertise in the area of ESS (Energy Storage Systems) with many
years of experience and expertise in the inverter industry. The result is a new revolutionary solution for strategic
energy management. "The partnership between SolaX Power and LG Chem highlights the significance of topics like
renewable energies and their efficient use. It is also an indication of our market strength, and our high-performance
product portfolio. We would like to take advantage of the opportunity with LG Chem, to further expand our business
relationships with wholesalers and installers, especially within the European and Australian market" explained
Michael Zhu, Global Sales Director at SolaX Power.

SolaX Power Hybrid X meets RESU6.4EX
The basis for the cooperation is the new hybrid inverter from SolaX Power. The system has the advantage of providing
reliable grid protection, even in the case of a power outage, and thus marks a trendsetting development. Used
together with the RESU6.4EX energy storage system from LG Chem, the SolaX Power Hybrid X provides a significant
performance increase. Extensive tests by the experts from SolaX Power and LG Chem substantiate the compatibility
of both systems and confirm other aspects such as the positive effects of inrush current, current limitation control,
and the potential for recharging and discharging. The new solution will be available to consumers in the next few
weeks. LG Chem wants to further strength its market position with this, as explained by Santiago Senn, Director
Energy Storage Systems at LG Chem Europe. He says: "One of the particular added values for users is the long
service life combined with high reliability, which both the energy storage system and the inverter have in common.
" Paul Summers, Global Marketing and Strategy Director at SolaX Power, notes that, "LG Chem makes an impression,
with a product that meets the demands of a diverse market. The company also protects its technological leadership
which is very important to us. We intend to strengthen the cooperation with LG Chem with our premium partners
and installers. At the same time, we are adding new customers to our bonus program. The result is a win-win
situation for all involved."

The new solution from LG Chem and SolaX Power is available world-wide, through the company's distributors.
In addition, both providers are planning on expanding their partner management, and cooperation with distributors.
Additional information about the product portfolio from SolaX Power can be found at www.solaxuk.co.uk for Europe or
www.solaxpower.com for global sales.

▷ Press Release Link

Previous Next

List