This file photo, provided by LG Energy Solution Ltd., shows its plant in Poland. (Image courtesy of Yonhap)
SEOUL, March 25 (Korea Bizwire) — LG Energy Solution Ltd. (LGES), South Korea’s leading battery maker, said Tuesday it has signed a deal to begin supplying batteries next year for energy storage systems (ESSs) to be built in Poland.
LGES will supply lithium iron phosphate (LFP) batteries for the 1-gigawatt-hour (GWh) ESS facility set to start operations in 2027 by Poland’s state-run utility firm Polska Grupa Energetyczna (PGE), the company said in a press release.
The LFP batteries will be produced at LGES’ plant in Poland’s southwestern city of Wroclaw, it said.
The company expects the latest deal will help it obtain further ESS battery deals in Europe.
To ride out a slowdown in all-electric car sales, LGES has changed some of the battery production lines in the Wroclaw plant for the production of ESS batteries, for which demand is on the rise.
The company has production facilities in South Korea, Poland, Indonesia and North America.
(Yonhap)
