LG Energy Solution vows to triple the ESS division’s global sales in five years, fueled by the remarkable expansion of the U.S. market. Establishing the first large-scale ESS battery production in the ...
SEOUL, March 26 (Yonhap) -- LG Energy Solution Ltd. (LGES), South Korea's leading battery maker, said Wednesday it has signed a five-year deal with a Taiwanese company to supply batteries for ...
SAN JOSE, Calif.--(BUSINESS WIRE)--LG Energy Solution (KRX: 373220), a leading global manufacturer of advanced lithium-ion batteries, announced today the upcoming launch of its new residential energy ...
LG Energy Solution Vertech announced it has lined up 10 GWh of grid-scale battery energy storage (ESS) projects in the U.S. in the new year. These 10GWh are comprised of 10 integrated battery energy ...
SEOUL, June 1 (Yonhap) -- LG Energy Solution Ltd. (LGES), South Korea's leading battery maker, said Sunday it has begun mass production of lithium iron phosphate (LFP) batteries for energy storage ...
LG Energy Solution posts KRW 5.7 trillion in consolidated revenue and KRW 601.3 billion in operating profit in Q3 2025 The company secured 120GWh of order backlog for its ESS batteries and over 300GWh ...
Demand for LFP batteries, favored for cost and stability advantages, is accelerating in the ESS sector. The International Energy Agency (IEA) estimated LFP accounted for 80% of ESS batteries in 2023.
LG Energy Solution has announced that construction on its new battery factory in Arizona, Texas, USA, has started, with 7.2 trillion won (around $5.5 billion USD) ready to go. This will be LG's second ...
LG Energy Solution has suspended construction on half of its $5.5 billion battery plant in Queen Creek, stating it is reacting to market conditions. The company said it is still proceeding with the ...
SEOUL, South Korea, July 24, 2025 /PRNewswire/ -- LG Energy Solution (KRX: 373220) today announced its second-quarter earnings for 2025, posting a quarterly operating profit even without North ...
LG Energy Solution posts KRW 5.6 trillion in consolidated revenue and KRW 492.2 billion in operating profit in Q2 2025 The company records quarterly operating profit even without North American ...