South Korean battery and electronics materials manufacturer Samsung SDI has secured a KRW1.5 trillion (US$1 billion) deal to supply energy storage system (ESS) batteries for a US energy company.
Hanjung America, a subsidiary of South Korea-based battery manufacturer Hanjung NCS, will build its first US energy storage system (ESS) manufacturing facility in Huntington, Indiana, US.
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.
