South Korea’s Ministry of Climate, Energy and Environment (MCEE) has unveiled its KRW1,000 trillion (US$747 billion) Korean Green Transformation (K-GX) industrial strategy.

ESR, a Singapore-headquartered real asset owner and manager focused on logistics real estate and data centres, has signed an agreement to acquire 100% of Aquila Clean Energy APAC.

LG ES posted a quarterly loss in Q1 2026 financial results this morning, partly due to investments in energy storage system (ESS) cell manufacturing.

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.

Chang Jae Won of the Korea Smart Grid Association believes companies lack a model for recovering their investment in DC energy storage.

Tesla could be “hedging its bets” on battery cell supply, if a deal announced by LG Energy Solution really is with the US EV and BESS company.

LG Energy Solution (LG ES) will nearly double the production capacity of battery cells for energy storage systems (ESS) at its Michigan, US, factory by the end of 2026.

Rept Battero and Hyosung Heavy Industries have agreed to jointly promote energy storage system (ESS) technologies in global markets.

American Battery Factory (ABF) has partnered with KAN Battery to pilot a line of lithium iron phosphate (LFP) battery cells.

At the 2023 edition of the RE+ clean energy trade show for North America, LG Energy Solution (LG ES) launched its system integrator arm for the US, LG ES Vertech.