LG Energy Solution is clearly positioning its energy storage system (ESS) business as a next-generation growth engine, ...
$50 million financing package provided by the Export-Import Bank of the United States of America will enable ESS to expand manufacturing capabilities, achieve cost efficiencies and accelerate ...
LG Energy Solution secured a roughly 1 trillion won ($690 million) deal with Hanwha Qcells to supply energy storage system ...
NextStar Energy Inc, a Canadian battery manufacturing joint venture between Stellantis and South Korea’s LG Energy Solution, is switching some of its production capacity to lithium-iron-phosphate (LFP ...
For its ESS batteries, the company started local production of its LFP [1] batteries in North America and plans to expand the form factors from pouch-type to prismatic batteries. It also enhanced its ...
SK On staged a dramatic turnaround, winning the majority of a 1 trillion won ($695.3 million) contract in the South Korean ...
As the only non-Chinese company capable of supplying prismatic products, we'll actively target the fast-growing ESS market in the U.S. through mass production of our SBB 1.7 and SBB 2.0, which feature ...
SK On has secured a large-scale ESS (Energy Storage System) project in the United States. This marks the first major contract SK On has won in the U.S. for ESS batteries since its launch in 2021. On ...
Major battery maker LG Energy Solution reported a sharp rebound in operating profit last year, driven largely by the expansion of its energy storage system (ESS) business in North America, as it ...
WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (ESS) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today ...
LG Energy Solution posts KRW 23.7 trillion in consolidated revenue and KRW 1.3 trillion in operating profit in 2025 Company aims for a mid-teen to 20 percent year-on-year increase in annual revenue ...