Should I Use Lithium Ion or Lead Acid Batteries to Install Solar for my SME Business?

What are the tradeoffs between Lithium Ion vs. Lead Acid Batteries?

by Oluwaseyi Odusanya

Published on Aug 04 2023

Compare Lithium Ion vs. Lead Acid Battery for Solar Installations

Energy storage systems are now essential as the world leans more and more toward renewable energy sources. For example, solar panels only generate electricity when the sun is up, so it is necessary to capture and store excess power after the sun has set or to shelter from bad weather. Batteries play an important role here. The two most used battery technologies in the renewable energy industry are lithium-ion batteries and lead-acid batteries. Each type has its advantages, disadvantages, and suitability for different purposes. In this article, we'll take a look at these battery types, how they differ, and where they fit best in solar power solutions.
The main differences between lithium-ion and lead-acid batteries are their energy density [Energy density refers to how much energy a battery can store in relation to its size or weight], cycle life [Cycle life refers to the number of times a battery can be charged and discharged before its performance starts to degrade], power density [Power density refers to how much power a battery can provide in relation to its size or weight], and cost.

Lithium Ion

Cycle Life: 500 - 1500 cycles

Energy Density: High
Power Density: High
Advantages: Longer lifespan than lead-acid batteries, require less maintenance, High energy density, long cycle life, low self-discharge rates
Disadvantages: More expensive than lead-acid batteries,  prone to thermal runaway, and require careful management

Lead Acid

Cycle Life: 300 - 700 cycles

Energy Density: Low
Power Density: Low
Advantages: Relatively inexpensive, reliable performance, easy to manufacture
Disadvantages: Shorter lifespan than other types of batteries, require regular maintenance, heavy, consumes a lot of space, toxic chemicals

Lithium Ion vs. Lead Acid Battery Comparison

The following table summarizes the main differences, pros, and cons of lithium-ion and lead-acid batteries for solar energy solutions:

Comparison Table of Lithium Ion vs Lead Acid Batteries
Battery Type Avg 10kWh Price Range Power Density Energy Density Pros Cons
Lead Acid N500,000 - N1,000,000 Low Low Relatively inexpensive, reliable performance, easy to manufacture Shorter lifespan than other types
of batteries, require regular maintenance, heavy, consumes a lot of space,
toxic chemicals
Lithium Ion N1,800,000 - N6,000,000 High High Longer lifespan than lead-acid batteries, require less maintenance, High
energy density, long cycle life, low self-discharge rates
More expensive than lead-acid batteries, 
prone to thermal runaway, and require careful management

Best Scenarios for Lithium Ion or Lead Acid Battery in Solar Installations

Lithium-ion batteries are well-suited for the following solar installations

Residential and commercial applications: Lithium-ion batteries are ideal for homes and businesses that have limited space for energy storage. Their high energy density allows for efficient use of space, making them suitable for rooftop solar installations or small-scale solar projects. Off-grid systems: In off-grid solar systems where there is no access to the utility grid, lithium-ion batteries excel. Their long cycle life and ability to hold a charge for extended periods make them reliable for providing energy during periods of low solar generation.
Portable solar solutions: If you require a portable solar solution, such as for camping or outdoor activities, lithium-ion batteries are the preferred choice due to their lightweight and compact design.

Lead-acid batteries are best suited for the following solar installations

Backup power systems: Lead-acid batteries have a long history of use in backup power systems for critical loads. Hospitals, data centers, emergency response centers, and other facilities that require uninterrupted power supply often rely on lead-acid batteries as a cost-effective solution. Large-scale solar installations: When it comes to utility-scale solar projects, lead-acid batteries can be an economical choice. Their lower cost, combined with their reliable performance and long lifespan, make them a practical option for storing energy generated by large solar arrays.
Remote and rugged environments: Lead-acid batteries are known for their durability and robustness. In remote or harsh environments where maintenance and accessibility are limited, lead-acid batteries can withstand challenging conditions and provide reliable energy storage.

Conclusion

The decision to use lithium-ion or lead-acid batteries for solar energy solutions depends on various factors such as cost, energy density, cycle life, power density, and environmental impact. Lithium-ion batteries offer high energy density, long cycle life, and low self-discharge rates. They are suitable for applications where space is limited and are commonly used in portable electronics and renewable energy systems. However, they come with a higher price tag and require careful management to prevent thermal runaway.
On the other hand, lead-acid batteries are known for their low cost, reliable performance, and ease of manufacture. They have a long lifespan and are commonly used as backup power systems for critical loads. However, lead-acid batteries have a lower energy density, are bulky and heavy, and require regular maintenance. Improper disposal can also have environmental consequences.

By considering the specific requirements and constraints of your solar energy project, you can make an informed decision about whether lithium-ion or lead-acid batteries are the best fit for your particular situation. Factors such as space availability, budget, lifespan expectations, and the need for high power density will help guide your choice. Consulting with renewable energy professionals or system integrators can also provide valuable insights and guidance in selecting the most suitable battery technology for your solar energy solution.

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