ESN Premium examines likely reasons why owner SK Innovation E&S is seeking financing options for Key Capture Energy (KCE), including a potential sale.

US battery storage developer Key Capture Energy could be up for sale as its owner considers options to “bring in a financial partner”, Energy-Storage.news has heard.

South Korean company SK On has entered the US BESS market with LFP batteries, securing a supply contract with Flatiron Energy Development.

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.

Renewable energy developer and operator Apex Clean Energy has announced commercial operations for the 100MW/200MWh Great Kiskadee Storage battery energy storage system (BESS) located in Hidalgo County, Texas, US.

SK Gas and SK D&D, two companies in the South Korean SK Group conglomerate, have entered a joint venture (JV) for the ownership of energy storage facilities in the US with Apex Clean Energy.

South Korean energy company SK E&S has agreed to acquire Key Capture Energy, a developer, owner and operator of grid-scale battery energy storage systems (BESS) in various regions of the US including Texas and New York.