LG Energy inks deal with Excelsior Energy Capital worth an estimated $1.4B

LG Energy Solution sealed another energy storage systems (ESS) deal with Excelsior Energy Capital, a Minnesota-based renewable energy infrastructure investor, in a pact potentially worth up to 2 trillion won ($1.4 billion).

2024-12-20

Samsung SDI set to sign record $730M ESS deal with Florida's NextEra Energy

Samsung SDI is in talks with Florida energy company NextEra Energy to supply batteries for energy storage systems (ESS) in deals potentially worth 1 trillion won ($730 million), the largest ESS agreement for any Korean battery makers.

2024-07-05

[Game Changer] This Korean start-up aims to set the battery market on fire without any flames

The world's first vanadium-ion battery is set to finally take off in Korea, with no explosion involved, and it may forever change how electricity is stored with an energy storage system (ESS).

2023-04-17

LG Energy Solution, Hanwha companies sign MOU for battery cooperation

LG Energy Solution and three Hanwha companies signed a memorandum of understanding (MOU) Monday, promising cooperation in the battery business, including on an energy storage system (ESS) project in the United States.

2023-01-16

Hanwha Q Cells sells ESS projects in Texas to Spain's Acciona

The combined storage capacity of the seven ESS projects comes in at 2.4 gigawatt-hours, which is equivalent to the amount of electricity that 1 million Koreans consume in a day.

2022-12-14

Fire reported at Hyundai Steel facility in Incheon

A fire was reported at a Hyundai Steel facility in Incheon at 6:33 a.m. on Tuesday.

2022-09-06

Hyundai Motor, OCI Solar work on Texas ESS project

Hyundai Motor Group and OCI Solar Power joined forces to test energy storage systems (ESS) in the United States utilizing used electric vehicle (EV) batteries.

2021-09-15

LG Energy supplies batteries to world's largest ESS project

Korean battery maker LG Energy Solution said Thursday it has completed the supply of its battery system to the world's largest energy storage system (ESS) that has come online in the United States.

2021-06-17

Hyundai Motor runs pilot project using old EV batteries

Hyundai Motor will run a pilot project that reuses discarded electric vehicle (EV) batteries as energy storage systems (ESS) at solar power plants, the carmaker said Sunday.

2021-01-10

Doosan GridTech to build energy storage system in Australia

Doosan Heavy Industries & Construction won a deal to build the largest energy storage system (ESS) in Australia, the company said Tuesday.

2020-12-15

korea joongAng daily