News from Texas and California as OCI Energy signs a memorandum of understanding with LG Energy Solutions, Ormat Technologies signs a US$62 million hybrid tax equity for Texas and California BESS projects.
ESN Premium’s two-part interview with the CEO of LG Energy Solution Vertech continues, covering topics such as US customer demand and the Moss Landing fire.
LG Energy Solution has confirmed that it will manufacture the batteries for a 263MW/900MWh BESS project in Poland at its plant in Wroclaw, in the southwest of the country.
LG Energy Solution is ‘proactively responding to market volatilities’ that have seen the South Korean battery manufacturer’s annual operating profits slide 73.4%.
State-owned power producer PGE Group has selected LG Energy Solution to provide the BESS for a 263MW/900MWh project it will build in Poland, for a total of PLN 1.555 billion (US$385 million).
Jaehong Park, CEO of LG Energy Solution Vertech takes part in the first of our annual series of industry Q&A articles reflecting on the year just gone and looking to the year ahead.