SolarEdge currently manufacturing NMC battery cells for energy storage market

• SolarEdge announced that its Energy Storage division has started shipping new battery cells developed for stationary Energy Storage applications.

The new line of Nickel Manganese Cobalt (NMC) pouch cells, manufactured at Sella 2, the firm's new battery cell production facility in South Korea, has been enhanced for energy storage applications for the domestic, industrial and utility range segments. The cells sustain high cycle life (up to 8000 cycles), high energy density, high-power throughput and also a broad temperature level range without jeopardizing functional life, enabling SolarEdge to provide battery services that support a wide variety of use cases, including demanding grid-stability applications.

" The global stationary storage market is estimated to expand from roughly 45 GWh in 2022 to 164GWh by 2030 and SolarEdge is focused on sustaining this critical segment," claimed Ronen Faier, SolarEdge chief financial officer and basic manager of SolarEdge's Energy Storage division. "Possessing key processes and also cell chemistries will certainly permit us to additionally secure the durability of our supply chain and also supplies us with the flexibility to produce cells maximized for numerous energy storage solutions."