News & Events

LG Chem introduces new home storage series with 48V and 400V models
Five new energy storage systems (ESS) added to extend product portfolio

SYDNEY, AUSTRALIA, 18 JULY 2016 – LG Chem, one of the world's leading manufacturers of lithium-ion batteries,
has announced the launch of its next generation residential battery storage system. The system has been
completely redesigned both internally and externally leaving a newly developed battery cell as the centrepiece.

LG Chem now offers low-voltage variants (48V) and for the first time high-voltage variations (400V) in order to meet
energy requirements of photovoltaic systems users in Australia and New Zealand. Available from the third quarter of
2016, the new RESU models come with the capacities to generate from 3.3 to 9.8 kilowatt hours (kWh) in the
low-voltage and 7.0 to 9.8 kWh in the high-voltage variation. With a battery from the RESU series, users can save on
energy costs by utilising solar generated power in the evenings.

"We are delighted to launch the new RESU series in the ANZ market," said Changhwan Choi Manager for Australian
Business Development. "There is a massive sustainability potential that is yet to be unlocked if Australia wants to be
100 percent powered by renewable energy. With the end of feed-in-tariffs at our doorstep our new RESU series range
offers an efficient system to meet every need."

Flexible energy storage
The new storage series includes two high-voltage battery systems, RESU7H and RESU10H, along with three
low-voltage battery systems such as the RESU3.3, RESU6.5 and RESU10. The new high-voltage models provide a
variety of inverters that consumers can in order to convert solar DC into usable AC. The move into high-voltage systems
is driven by the trend of developing new inverters in high-voltage area across LG Chem's partners. Customers now have
the advantage of being offered new high-voltage battery systems, which enables numerous additional combinations of
home storage and inverter, with which they can leverage the full potential of their photovoltaic system.

"The modular design of the new RESU models brings heightened flexibility" said Choi. "If a user chooses to expand its
photovoltaic system, the capacity of the storage system can also be adjusted accordingly".

"For the first time, the new RESU series covers a complete range of inverter concepts in the market," said Choi.
"Whether high or low-voltage, single or three phase, the new product line-up opens up the possibilities to create an
optimised system for each users' individual energy consumption needs.

With the expansion kit RESU Plus, it is possible to combine two RESUs within the low-voltage class together. The range
of capacity thus moves in the low-voltage range from 3.3 to 19.6 kWh.
All models are available in silver and champagne gold.

State of the art due to unique production method
With small dimensions and a low weight, the RESU 6.4 EX model has the highest energy density currently available on
the ESS market. LG Chem has increased the compactness once more through its new residential storage products. The
model RESU 6.5, for example, falls four centimetres flatter than the comparable RESU 6.4 EX and weighs in at eight
kilograms less than the current device. The new design is made possible by a newly developed battery cell that is being
produced with Lamination and Stacking process. Currently, only LG Chem is able to apply this method of manufacturing
in mass production. With this production method, the new battery cell can be produced with lower costs compared to
the previous one which affects the end-price for the customers.

Also new is the IP55-certified, waterproof casing, making the models suitable to be installed and configured outside the
house, for those who don't have the extra room for the storage system.

The launch of the new RESU series in the Australian market comes after strong momentum in Germany the LG Chem
RESU series won the ESS award 2016 at Intersolar Europe, the world's leading exhibition for the solar industry, for its
innovation and design. More information about LG Chem and its new RESU series can be found at:
http://www.lgesspartner.com/au and http://www.lgchem.com

About LG Chem
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.

PR Contact
Lewis
Claire Ferrie
Office: +61 2 8599 1000
LGChemAU@teamlewis.com
http://www.teamlewis.com