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.

KEPCO, South Korea’s biggest electric utility, has welcomed the start of commercial operations at a portfolio of large-scale battery energy storage system (BESS) assets.

Supply chain risk platform Infyos discusses its research into forced and child labour in the battery supply chain, suppliers risk of exposure to it and what business risks that could entail for those in the ESS industry – particularly around the EU Batteries Regulation.

Three-quarters of the lithium-ion battery supply chain could have exposure to forced labour, contravening US and EU laws and potentially leading to products being blocked from those markets, a report said.