LG Energy Solution and Stellantis’ joint venture (JV), NextStar Energy, Canada’s first large-scale lithium-ion (Li-ion) battery manufacturing plant, is expanding to produce energy storage system (ESS) batteries.

Despite a slowdown in electric vehicle (EV) sales in the US, LG Energy Solution (LG ES) experienced a quarterly rise in profits, driven in part by increasing demand for energy storage.  

Power firm PGE has started building a 262MW/981MWh BESS in Poland with LG batteries, coinciding with Solar Media’s Energy Storage Summit CEE, which kicked off today (23 September).

Three companies, Ultion Technologies, Ultium Cells and SK On have recently announced plans to begin manufacturing lithium iron phosphate (LFP) battery cells in the US.

D.E. Shaw Renewable Investments (DESRI) has started construction at a 150MW solar-plus-storage project in the US state of New Mexico, the BESS for which will be manufactured in the US by LG Energy Solution.

Two companies, First Phosphate and LG Energy Solution have recently begun manufacturing lithium iron phosphate (LFP) battery cells in North America.

Hithium has opened a 10GWh battery module and system factory in Texas, while LG Energy Solution has begun mass-producing cells in Michigan.

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.

State-owned utility and power generator Eesti Energia has completed and put into commercial operation the first large-scale BESS in Estonia.

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.