Battery Costs Decrease by 27% Last Year... A Positive Signal for Renewable Energy Expansion
The rapid decline in energy storage system (ESS) costs is anticipated to accelerate the spread of renewable energy in South Korea.
Ready for test operation at ESS
The European Spallation Source (ESS) in Lund has received approval for test operations involving neutron production, marking a significant milestone according to its director Helmut Schober.
SK on Wins Majority of 1 Trillion Won Second ESS Market Orders, Surpassing Samsung and LG
SK On has successfully secured more than half of the orders in the 1 trillion won second energy storage system (ESS) central contract market, outperforming major competitors Samsung and LG.
Instead of Electric Cars, ESS... The Three Battery Giants Clash in Round 2 in North America
South Korean battery companies are shifting their focus towards energy storage systems (ESS) instead of electric vehicles, as competition heats up in domestic and North American markets.
LG Energy Solution to Solely Operate Battery Production Plant for ESS in Canada
LG Energy Solution has announced that it will solely operate a battery production plant for energy storage systems (ESS) in Canada, aiming to strengthen its position in the North American ESS market.
Hangover of Battery Overinvestment... Need to Accelerate Transition for Hybrid Cars and ESS
The article discusses the implications of L&F's major supply contract with Tesla for battery materials and its impact on the battery supply chain.
LG Energy Solution signs record ESS supply contract with Hanwha Q CELLS worth 5 GWh
LG Energy Solution has secured a significant 5 GWh energy storage system (ESS) project in the U.S., marking its second major contract after a 4.8 GWh deal in 2024, aimed at solidifying its leadership in the global ESS market.