The European energy industry was abuzz with excitement last month as the K.EY energy fair wrapped up its latest edition in Rimini, Italy on March 22-24. The event marked a momentous success with more than 12,000 attendees from 600 companies, twice as many from the previous edition and 28% of which were from outside Italy. A total of 400 exhibitors showcased a wide range of innovative energy solutions.
The remarkable turnout speaks to growing interest in sustainable energy practices across Italy, in step with the 2050 carbon neutrality target. The event organizer Italian Exhibition Group (IEG) highlighted that Europe is racing ahead with a record new photovoltaic capacity of 41.4 GW in 2022, 47% more than the 2021 figure, of which 2.5 GW were from Italy.
While solar energy was at the core of the event, K.EY 2023 also hosted conferences and summits on wind, hydrogen, energy efficiency, e-mobility, and sustainable city. The inaugural K.EY Energy Summit – States General of Renewable Sources was also held to promote public discussion on submitting organic and coordinated proposals to the government, which were welcomed by the Vice Minister for the Environment and Energy Security, Vannia Gava.
LG Energy Solution wins over attendees with new battery + inverter solution
LG Energy Solution took advantage of the fair by showcasing our latest solution featuring battery + inverter for residential purposes, which offers a range of benefits for homeowners looking to reduce their energy bills and increase the efficiency of their homes, whether it’s a new installation or retrofitting with existing solar systems at home.
Our new battery + inverter solution, which we also presented at Genera 2023 in Madrid, offers both high voltage and low voltage options, making it suitable for a wide range of residential properties: The high voltage option for larger homes with higher energy demands and the low voltage option for smaller properties with lower energy consumption. The HV solution will launch in May and the LV version in June, arriving in Italy before any other country in Europe.
The new inverters also have backup capabilities that provide uninterrupted energy supply in case of power outage. A 10-year warranty is provided for the battery, the inverter, and the auto backup device components of the solution for customer satisfaction and maximum durability.
One of the key advantages of our new product is the unique technical service provided by LG Energy Solution, a trusted and reputable brand in the energy sector. With all the components of the storage system under the same manufacturer, our customers can receive prompt and seamless technical support in case of any questions or issues with the product.
Overall, our battery + inverter storage solution was well received by visitors at K.EY who were impressed by its reliability, efficiency, and user-friendly design that ensures easy installation. The technical service provided under LG Energy Solution and the 10-year warranty were particularly notable features that generated a lot of interest and enthusiasm among potential customers.
Streamlining energy storage with digital innovation
One notable trend we observed at this year’s fair was the widespread exhibition of advanced digital technologies, including artificial intelligence, machine learning, and the Internet of Things. These cutting-edge technologies are set to transform the energy sector by revolutionizing the ways in which we utilize energy.
As a leader in the energy storage industry, LG Energy Solution also embraced this trend in seeking better customer experience. For instance, our new solution is coupled with a state-of-the-art monitoring app that delivers real-time data on solar energy production and home energy consumption, allowing homeowners to easily track their energy usage and maximize their savings. Additionally, we provide our installer with an enhanced experience, including streamlined service requests and progress monitoring, thereby reducing time and effort taken in communicating between the customer and the manufacturer.
Connecting with customers and partners through K.EY
Attending K.EY 2023 was an invaluable experience for LG Energy Solution, as it provided a critical platform to showcase our innovative energy solutions and engage with customers and partners. As a special occasion, after the successful first day at the event, we had a great pleasure of connecting with our premium installers over a Michelin dinner to celebrate their exceptional contribution to partnership.
Hosting annual top installer award ceremonies since 2018, LG Energy Solution has consistently made efforts to show appreciation for dedicated installer partners and their instrumental role at the forefront of our business. Together at the dinner, we toasted to the positive response received on our new battery + inverter solution at K.EY and shared encouraging feedback on our existing products that further validates our mission in addressing the growing demand for reliable, efficient, and user-friendly energy storage systems. It was gratifying to have our premium installers actively participate in the conversation and share their insights, reaffirming our collaborative approach towards meeting local market needs across Europe.