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.
Second life energy storage and BMS firm Element Energy has commissioned the largest project in the world using repurposed EV batteries, it claimed, with LG Energy Solutions (ES) Vertech revealed as a system integration partner going forward.
The US battery storage system integrator arm of Korean battery manufacturer LG Energy Solution (LG ES) has signed a 4-year supply deal with developer Terra-Gen.
Lithium-ion OEM LG Energy Solution will slow its expansion to focus on increasing utilisation at existing production lines, while also starting battery production in the US for energy storage next year, it revealed in its quarterly results.
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.
We hear from utility Eesti Energia about its 25MW/50MWh BESS project in Estonia, including what it hopes to achieve with the project and why it needed a second procurement to launch the project.
LG Energy Solution saw its revenues fall 30% in the second quarter of the year amidst a global EV market slowdown, and the company says its ESS segment could help offset this.
