Global long-duration energy storage (LDES) deployment figures soared in 2025, but newer technologies risk being outcompeted by the incumbent, lithium-ion (Li-ion).
LG ES Vertech, the US-based system integrator subsidiary of LG Energy Solution (LG ES), plans to deliver 50GWh of projects this year, ESN Premium has heard.
South Korean battery and electronics materials manufacturer Samsung SDI and South Korean state-utility Korea East-West Power (EWP) have signed a memorandum of understanding (MOU) to develop and invest in global energy storage systems (ESS) and renewable energy projects.
With battery storage safety under increasing scrutiny, Wanxiang A123 Systems and Hithium have unveiled new products and large-scale fire testing (LSFT), respectively.
Three Chinese energy storage companies have recently successively filed or updated their listing applications with the Hong Kong Stock Exchange (HKEX), planning IPOs on the Hong Kong Main Board.