LG Energy Solution eyes 2 GWh ESS supply deal with Israel's Energix

LG Energy Solution said Tuueday it had signed a nonbinding agreement with Israeli renewable energy developer Energix to supply 2 gigawatt-hours of energy storage systems across Europe and North America over the next two years. Under the memorandum of understanding, signed at LG Energy Solution's headquarters in Yeouido, Seoul, the company plans to supply 1.5 GWh of ESS capacity in Europe and 0.5 GWh in North America within 24 months. The partners will also explore expanding the total supply volu

Source: The Korea Herald