LG Energy Solution saw 28% quarter-on-quarter growth in revenue in Q3 2026, with “significant energy storage system (ESS) shipment growth” among the main drivers.
In the wide-ranging conversation, Shaw starts off by describing the year-end rush as a perennial challenge for the battery energy storage system (BESS) sector in the US.
South Korea’s Ministry of Climate, Energy and Environment (MCEE) has unveiled its KRW1,000 trillion (US$747 billion) Korean Green Transformation (K-GX) industrial strategy.
ESR, a Singapore-headquartered real asset owner and manager focused on logistics real estate and data centres, has signed an agreement to acquire 100% of Aquila Clean Energy APAC.
LG Energy Solution (LG ES) posted a profitable second quarter this year, with investments in battery storage in the US and EV cell production in Europe paying off.
L-H Battery Company commenced lithium-ion (Li-ion) cell production at its Jeffersonville, Ohio, US plant this month, for automotive and stationary power applications.
South Korean-owned company Qcells, part of the Hanwha Group, has introduced its first domestically assembled residential battery energy storage system (BESS) to the US market.
LG Energy Solution has entered into a US$4.3 billion supply agreement with Tesla, announced by the US government, while simultaneously upgrading its EV battery plant with GM for ESS cells.
