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.
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.
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.
Being able to create a single contract for project delivery is perhaps the biggest advantage of vertically integrating battery energy storage system (BESS) manufacturing with system integration, according to the CEO of LG Energy Solution (LG ES) Vertech.
