Korea Joongang Daily
Korea JoongAng Daily

LG Group chair visits key energy facilities in U.S., Brazil in effort to accelerate business expansion

LG Group said on Thursday that Chairman Koo Kwang-mo recently visited key energy facilities in the United States and Brazil as part of efforts to accelerate business expansion, positioning the sites as critical infrastructure in the AI era.

2026-04-02

Samsung SDI unveils new AI software designed to prevent ESS fires

Samsung SDI will unveil a new AI software designed to prevent fires in energy storage systems (ESS) at the upcoming InterBattery 2026, which will kick off on Wednesday.

2026-03-08

Samsung SDI, Korea East-West Power ink deal to jointly develop ESS, renewable energy

Samsung SDI teamed up with Korea East-West Power to jointly develop and invest in global energy storage systems (ESS) and renewable energy projects.

2026-02-09

Hanwha, China's CATL focus on electric ships as industry moves toward decarbonization

The era of electric-powered ships is fast approaching as the global shipping industry shifts toward decarbonization. Though companies such as Hanwha are presenting electric propulsion as a solution, significant technical hurdles remain.

2026-01-19

Samsung SDI seals LFP battery deal with U.S. client worth over $1.36 billion

Samsung SDI sealed a deal worth well over 2 trillion won ($1.36 billion) to supply lithium iron phosphate (LFP) batteries for energy-storage systems to an undisclosed major U.S. energy company.

2025-12-10

Samsung SDI receives grand prize at Korea Technology Awards for ESS solution

Samsung SDI has received the ministerial-level grand prize at the Korea Technology Awards, held as part of the 2025 Korea Tech Festival on Wednesday, in recognition of its innovations in enhancing energy storage system safety and reducing costs.

2025-12-03

LG Energy to mass-produce LFP batteries for ESS in Korea

LG Energy Solution plans to begin mass-producing lithium iron phosphate batteries for energy storage systems in Korea in 2027, building new production lines at its Ochang Energy Plant in North Chungcheong by the end of this year.

2025-11-17

SK On inks deal with Flatiron Energy to expand North American ESS presence

SK On inked a 1 gigawatt-hour energy storage system deal with U.S. renewable energy company Flatiron Energy Development, as part of the company's endeavors to expand its presence in the North American ESS market.

2025-09-04

Samsung SDI inks deal with Germany's Tesvolt on battery box technology

Samsung SDI signed a deal to provide its batteries to German energy storage system (ESS) manufacturer Tesvolt, the Korean battery maker said Wednesday. Samsung SDI will provide its Samsung Battery Box (SBB) container to Tesvolt by the end of June.

2025-06-11

LG Energy begins mass production of batteries for ESS at U.S. plant

LG Energy Solution has begun mass production of lithium iron phosphate batteries for energy storage systems at its Michigan plant, fulfilling demand in North America.

2025-06-01