LG Chem to Build Battery Storage Systems Worth $272 Million for Japanese Solar Plants

February 16th, 2015

Disclosure: I sell solar power systems in New Zealand.

I’m doing a solar power deal for a guy who wants a normal grid tie rig for his house, but he also wants to charge his electric farm vehicle with solar.

“Would that work?” he asked me.

Oh yes.

We’re going to set up his hot water cylinder to turn on first and then he can use a cheap lamp timer to turn the charger on for his farm buggy around midday. He doesn’t use it every day so this will work out fine. Most of the time, his hot water cylinder will be fully topped up (and powered off) before the buggy starts charging.

Stagger loads, pull less from the grid = Win.

Via: KoreaBizWire:

South Korea’s LG Chem Inc. said it will supply energy storage systems (ESS) for four solar plants under construction in Japan in a deal worth over 300 billion won (US$272.7 million).

The nation’s largest battery maker said it won a contract to supply the storage systems with a daily capacity of 31 megawatts each to the Green Power Development Corporation (GPD) of Japan by 2017.

Japan has been building the world’s largest storage battery system in Hokkaido for stable power supply as it pursues a mix of renewable energy in the wake of the 2011 Fukushima nuclear crisis.

The ESS system will store electricity when weather conditions are favorable and dispense it during rainy or cloudy days, the firm said.

Related: Japan Has More Car Chargers Than Gas Stations

Posted in Economy, Energy, Technology | Top Of Page

2 Responses to “LG Chem to Build Battery Storage Systems Worth $272 Million for Japanese Solar Plants”

  1. Windhorse says:
    February 16, 2015 at 6:45 pm

    Hi Kevin,
    Thinking of you today as I met this fellow from Costa Rica who is working with a white bearded man Hart, who he said built the first inverters and now has a factory in San Jose making “Transverters”. Apparently way more efficient technology. Other stuff but cannot report here on the internet.

  2. Kevin says:
    February 17, 2015 at 1:08 am

    I briefly looked at his website (search Heart Transverter, transverter.com) and I don’t see how what he’s proposing is any different than what SMA has already done (SMA Sunny Island) and what Enphase is doing with their “AC Battery”.

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