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All lithium chemistries are not created equal. In fact, most American consumers – electronic enthusiasts aside – are only familiar with a limited range of lithium solutions. The most common versions are built from cobalt oxide, manganese oxide and nickel oxide formulations.

First, let’s take a step back in time. Lithium-ion batteries are a much newer innovation and have only been around for the last 25 years. Over this time, lithium technologies have increased in popularity as they have proven to be valuable in powering smaller electronics – like laptops and cell phones. But as you may recall from several news stories over recent years, lithium-ion batteries also gained a reputation for catching fire. Until recent years, this was one of the main reasons lithium wasn't commonly used to create large battery banks.

But then came along lithium iron phosphate (LiFePO4). This newer type of lithium solution was inherently non-combustible, while allowing for slightly lower energy density. LiFePO4 batteries were not only safer, they had many advantages over other lithium chemistries, particularly for high power applications.

Although lithium iron phosphate (LiFePO4) batteries aren’t exactly new, they’re just now picking up traction in Global commercial markets. Here’s a quick breakdown on what distinguishes LiFePO4 from the other lithium battery solutions: