Seoul, Dec 21: LG Energy Solution Ltd (LGES), South Korea’s leading battery maker, said on Friday its US unit has signed a multi-year deal to supply energy storage systems (ESS) to a local renewable energy infrastructure investor.LG Energy Solution Vertech, Inc. will supply 7.5-gigawatt-hour (GWh) ESS units to Excelsior Energy Capital LP over several years starting from 2026, the company said in a press release.
The company didn’t provide the exact timeframe for the deal, or its value, reports Yonhap news agency. The ESS units will be produced at LGES’ U.S. plants, with the first delivery slated for April 2026, the release said.
“We selected LG Energy Solution Vertech because of their ability to support us throughout the project lifecycle with exceptional services, software and products. We also gain access to the full benefits of U.S. manufactured products with this partnership,” Anne Marie Denman, co-founder and partner of Excelsior, said in the release.