BYD

BYD has developed PV+Storage, a new business model focused on renewable energy production, storage and applications, designed to change the world by leveraging several new energy solutions. Throughout its 24 years of high-speed growth, BYD has established over 30 industrial parks across six continents and has played a significant role in industries related to electronics, automobiles, new energy and rail transit. From energy generation and storage to its applications, BYD provides zero-emission energy solutions.

SolaX

The newly launched product includes a single-phase and a three-phase model and is compatible with leading lithium-ion battery solutions with this making it one of the most popular sought after energy storage solution. Its ‘E’ version of X-Hybrid contains an in-built EPS or Emergency Power Supply function which enables the user to operate using its battery and PV array in case of a power cut. Further, the ‘E’ series can be installed entirely off the grid and continue supplying power to essential electrical appliances in the absence of power from the grid.

LG

LG Chem is one of the clear leaders in Australia’s home battery storage market. The company’s RESU lithium battery made a big splash when it was introduced last year as an affordable, high- quality competitor with the Tesla Powerwall. LG Chem has not rested on its laurels, however, having already introduced the next generation of lithium battery banks with a sleeker appearance and more flexible sizing options.

USEFUL INFO ABOUT SOLAR BATTERIES

Here is how a battery storage system works:

• Solar panels convert sunlight to DC (Direct Current) electricity.

• Any surplus DC electricity charges the battery.

Battery power peak time utility prices

People consuming energy from their local utility during “peak times,” usually between 4 p.m. and 10 p.m., pay higher rates for that energy usage than when consuming energy during non-peak hours. A consumer with a battery bank can feed off their batteries during those peak times and avoid paying the higher utility rates.

Greater energy independence

When 100 percent self-sufficiency isn’t the goal, a battery bank is still a great way to significantly decrease total dependence on the grid for your PV system’s backup. Many homeowners want the security of knowing they can supply a day or two of electricity without relying on generation from their panels or their local utility.