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ess

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LG Energy Solution's energy storage system battery container for power grid

Korean battery makers split strategies as LG expands ESS operations and Samsung leads supply

LG Energy Solution is moving into AI-linked energy storage operations while Samsung SDI retains a commanding lead in battery cell supply for a major government-backed ESS project.

2026.7.14

LG Energy Solution's Energy Storage System [LG ENERGY SOLUTION]

LG Energy inks $1.6B deal to supply ESS batteries to U.S. utility firm

LG Energy Solution has signed a $1.6 billion contract to supply 6 gigawatt-hours of energy storage system batteries to DTE Energy, one of the largest utility companies in the United States and the biggest power provider in Michigan.

2026.5.28

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LG Chairman Koo Kwang-mo, left, inspects pouch-type battery cells used in energy storage system (ESS) battery packs at Vertech, LG Energy Solution's North American ESS system integration subsidiary, on March 30. [LG]

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.

2026.4.2

Samsung SDI designed AI software to prevent fires in energy storage systems [SAMSUNG SDI]

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.

2026.3.8

Kim Heon-joon, right, head of Samsung SDI Americas, and Kwon Myung-ho, CEO of Korea East-West Power, take a photo after signing an agreement in Indiana on Feb. 26. [SAMSUNG SDI]

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.

2026.2.9

Hanwha Group Vice Chairman Kim Dong-kwan gives a keynote speech at the 2024 World Economic Forum in Davos, Switzerland [HANWHA GROUP]

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.

2026.1.19

Samsung SDI's energy-storage system with lithium iron phosphate (LFP) batteries [SAMSUNG SDI]

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

The Samsung Battery Box (SBB), an integrated energy storage system (ESS) solution featuring cutting-edge fire prevention and cost reduction technologies, developed by Samsung SDI [SAMSUNG SDI]

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.

2025.12.3

LG Energy Solution’s plant in Michigan [LG ENERGY SOLUTION]

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.

2025.9.4