As the residential storage market is heating up, PV inverter maker SMA Solar and Korean chemicals giant LG Chem from December 2016 on will offer a joint residential solar storage solution in Europe and Australia that they say will bring significant cost savings for consumers.
“Photovoltaic power is less expensive than the electricity rate charged by regional utility companies in many European countries for private households,” said SMA chief executive Pierre-Pascal Urbon.
“By
