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.

South Korea’s Samsung SDI has signed its first US lithium iron phosphate (LFP) cell deal, while Chinese integrator Trina Storage has expanded an existing supply partnership.

Shifting dynamics in the US’ BESS industry could mean that Chinese batteries are not even needed within the foreseeable future, a local consultant told Energy-Storage.news.

Samsung SDI is ramping up its manufacturing of energy storage batteries in the US to 30GWh by the end of 2026, while EV demand remains sluggish.

South Korean battery and electronics materials manufacturer Samsung SDI debuted its new battery energy storage system (BESS) products at the RE+ trade show in Las Vegas, US.

Samsung SDI will supply megawatt-scale battery storage solutions to Germany-headquartered commercial and industrial (C&I) segment specialist Tesvolt.

Samsung SDI will supply energy storage systems (ESS) to US energy holding company and project developer-owner NextEra.

US president Donald Trump has brought in new tariffs on China, Canada and Mexico, which will hit batteries – the kind of move Samsung SDI said could benefit its Korea-based manufacturing.

The Edwards & Sanborn solar-plus-storage project in California is now fully online, with 875MWdc of solar PV and 3,287MWh of battery energy storage system (BESS) capacity, the world’s largest.

Global battery energy storage system (BESS) integrator Powin has sold a minority stake to Samsung Venture Investment Corporation.