One of the newest batteries scheduled to hit the market in the coming months, the SolarEdge Energy Bank, boasts a sleek design and industry-competitive power rating. SolarEdge’s newest battery offers almost an identical solution to the LG Chem RESU PRIME 10H, with the most notable difference being its sleek design.
SolarEdge Energy Bank & The Backup Battery Market
In the past few years, the backup battery market has seen exponential growth across all sectors. You can see this especially when looking at the lithium ion (li-ion) battery market. The renewable energy sector sees li-ion batteries in consumer and industrial applications, electric vehicles, and stationary energy storage systems (ESS). Li-ion is the fastest-growing rechargeable battery segment; its global sales across all markets more than doubled between 2013 and 2018.
Li-Ion Battery Limitations
While li-ion batteries, like the SolarEdge Energy Bank, are easily the most prolific battery type across all markets, that does not mean they come without their limitations. According to battery experts and industry influencers, li-ion batteries:
- Require protection circuit to maintain voltage and current within safe limits.
- Are subject to aging, even if not in use.
- Face transportation restrictions, with the shipment of larger quantities subject to regulatory control.
- Have a high price point to manufacture.
Some may point out the extraction of resources used to create the batteries is a non-sustainable act. However, most experts agree that the offset of fossil fuels from the implementation of li-ion batteries in EES is one of the most efficient ways to promote a transition towards sustainable development.
SolarEdge Energy Bank Specs
Now that we understand the limitations of li-ion batteries and their overall benefit to the environment, let’s take a look at what makes the SolarEdge Energy Bank really stand out among the rest.
As previously mentioned, the SolarEdge Energy Bank offers a total capacity of 10kWh. This is similar to the LG Chem RESU PRIME 10h. While SolarEdge has not released a full spec sheet for consumer review, one can assume this battery solution will also have industry standard efficiency ratings, like most SolarEdge products.
Apart from the functionality of the battery, consumers can also get a sneak peak at the advanced design. The new SolarEdge Energy Bank takes the capabilities of the LG Chem RESU 10h battery, and packs it into a sleek pack that will add to any home’s aesthetic.
Overall, the battery will be a great solution for homeowners looking for an efficient battery with a clean design.
SolarEdge Energy Bank & SolarEdge Product Pack
Probably the best thing about the new SolarEdge Energy Bank comes from its compatibility with other SolarEdge products. It looks like SolarEdge took a page out of Apple’s book by creating competitive technologies that look incredible and work seamlessly with one another.
SolarEdge offers home- and business owners a full suite of home energy products that work perfectly in sync. While other big brands offer solutions similar to the SolarEdge, none have pushed the bounds in a similar fashion. SolarEdge is truly unique in its offering accessible solutions that all work together in this way.
If you want to add solar and a backup battery to your home, lookout for the new SolarEdge Energy Bank. While they have not yet released a full spec sheet with pricing information, the solution will most likely have an affordable price point with above-standard functionality.