According to overseas media reports, on December 20, LG New Energy Solution Vertech announced that it would launch a 10 GWh grid-scale battery energy storage (ESS) project in the United States in the new year.
The 10G Wh order consists of 10 integrated battery energy storage systems, which will support the country's continued transition to sustainable renewable energy. All projects include lithium-ion batteries manufactured by LG Energy Solutions and hardware integration, system control software and related services provided by LG Energy Solutions Vertech.
It is reported that LG New Energy acquired NEC Energy Solutions (NECES), an ESS integrator headquartered in the United States, in 2022, and then established LG New Energy Solution Vertech to integrate the complete energy storage system manufactured by the parent company. Including software, services and hardware. Since the acquisition, the 10g Wh energy storage projects acquired since the acquisition represent more than five times the total number of energy storage projects completed by its predecessor, NEC Energy Solutions, during its tenure. In
2023, LG New Energy announced plans to build a battery manufacturing complex in Queen Creek, Arizona. The complex will include two manufacturing plants, one for cylindrical batteries for electric vehicle and the other for lithium iron phosphate soft-pack batteries for energy storage systems (ESS). The ESS facility will provide 16G Wh of energy storage batteries.
According to Wood Mackenzie Power & & Data from Renewables and the American Clean Power Association's (ACP) quarterly publication, Energy Storage Monitoring in the United States in the Fourth Quarter of 2023, show that the grid-scale ESS market is expected to reach 30 G Wh in 2024, an increase of 35% over 2023.
(Translation and collation of digital new energy DataBM. Com)
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