KSTAR LAUNCHES ALL IN ONE LITHIUM TITANATE BATTERIES FOR RESIDENTIAL APPLICATIONS
Good News: Kstar is incorporating LTO batteries into its outstanding range of hybrid solar solutions. The Kstar LTO battery released provides steady operation for up to 16,000 charge cycles, satisfying the service life requirements of more than 25 years, which is also consistent with the life cycle of PV modules.
Then, nothing better and opportune now than a technical batteries comparison using the advantages of our Integration Coefficient IC model: LTO vs LiFePO4:
Performance: LTO have a higher specific power, which means they can deliver more current in a short period of time. They also have higher internal resistance, which reduces heating and improves efficiency.
Energy Density: LTO are less energy dense, which means that they store less energy per unit of mass or volume. LiFePO4 being more dense allows them to store more energy in a smaller space.
Specific Power: LIFEPO4 are limited in their ability to provide high currents while LTO are ideal for high power and fast charging applications.
Safety: LTO are more thermally and chemically stable than LiFePO4. This means they are less prone to exothermic reaction or electrolyte leakage when overloaded, overheated, or physically damaged. LTO also have a higher deep cycle tolerance, which means they can withstand more charge and discharge cycles without losing capacity.
Cost: LTO are more expensive than LiFePO4 due to their higher complexity and lower availability. Titanate oxide is a rarer and more expensive material than iron phosphate. For this reason, LiFePO4 is cheaper and more abundant than LTO.
Recycling: LTO have greater durability and longevity, reducing the frequency with which they must be replaced and disposed of. LiFePO4 have lower durability and longevity, which increases the frequency with which they need to be replaced and disposed of. Both types of batteries have a recycling rate that often exceeds 95%, however LTO recycling is more complex and expensive than LiFePO4.
Sales Projections: According to Grand View Research, the global LTO market is expected to grow at a CAGR of 15.3% from 2020 to 2027, reaching a value of $8.46 billion by 2027. On the other hand, according to Allied Market Research, the global LiFePO4 market is expected to grow at a CAGR of 18.0% from 2019 to 2026, reaching a value of $34.51 billion by 2026. The main factors driving the growth of both technologies are low toxicity, low cost, high safety and long life of these batteries.
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