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LG Energy bags 1-GWh ESS battery deal from Poland’s PGE

Korea Economic Daily LogoKorea Economic Daily1w ago

LG Energy bags 1-GWh ESS battery deal from Poland’s PGE - Korea Economic Daily

Quick Summary:

LG Energy Solution Ltd.will supply 1 gigawatt-hour of energy storage system (ESS) batteries to a state-owned utility company in Poland in a deal expected to help South Korea’s No.1 lithium-ion battery maker mitigate the prolonged electric vehicle market slowdown.

The Korean battery producer will manufacture ESS batteries at its Polish plant for PGE's energy storage facility in Zarnowiec, northern Poland, with commercial operation slated to start in 2027.

TO GAIN GROUND IN THE LFP BATTERY MARKET LG Energy Solution is also in talks with multiple other energy providers in the US and Europe to supply its ESS batteries.

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LG Energy bags 1-GWh ESS battery deal from Poland’s PGE - Korea Economic Daily (Picture 1)LG Energy bags 1-GWh ESS battery deal from Poland’s PGE - Korea Economic Daily (Picture 2)

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Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-26 @ 15:32:25 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 463 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 27513089

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About Korea Economic Daily

Korea Economic Daily Logo

Main Topics: Economy

Official Website: kedglobal.com

Update Frequency: 5 posts per day

Year Established: 1964

Headquarters: South Korea

News Last Updated: 1 hours ago

Coverage Areas: South Korea

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #91

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