Yesterday, in an exhibition in Germany, the South Korean tech giant Samsung SDI introduced a new design of the energy storage system product. The company wants to become a global leader in the residential energy storage market.
The energy storage systems are introduced to meet the energy storage demand in the Eastern Europe market.
The Samsung electronics supplier for the Galaxy smartphone batteries and supply the batteries for the vehicles to the other manufacturers, the new business line of the company is to meet the energy storage demand globally.
According to the report, in the event held in Germany, the company shows its highest capacity products, high energy storage systems specially for the residential needs, that are usually used as to store the energy from the solar panels and other solar resources.
Last time, the Samsung Electronics showed up ESS for the industrial applications, but now at that time the manufacturers focus on the household needs.
Moreover, from the report, the ESS products along with the all necessary cases and components is the final product for the end users the householders. The systems are offering 4.8kWh of energy capacity. There are about 39 modules are collectively combined to setup of one complete unit. The energy capacity producing from one unit is sufficient for almost 19 houses for a day. The total production is 188kWh, while an average use of one European hose is 10kWh in a day.
However, the company is in testing phase claimed that their products are standardized and are to meet the demand of the energy storage. The company will officially produce its massive units on the second half of the year and products will be applicable in the coming year 2018.
There will be 83,000 ESS units for households by this year and this will grow to 146,000 units by 2020, according to market research firm B3. Samsung SDI globally holds 30 percent of the market.
The company plans is to produce the 83,000 ESS units in this year and 146,000 units by 2020 to meet the needs of households. Moreover, the Samsung SDI have the 30% of the market share in the ESS industry, In 2013 the company was the market leader to fulfill the energy needs after the Fukushima nuclear disaster in 2011.