Search results for ESS
Industry
Bright Energy Partners says solar, BESS holdings surpass 1.3 GW
Bright Energy Partners (BEP) said on June 9 it has secured 1.3 GW of renewable energy assets, combining solar power and battery energy storage systems (BESS). The company said it exceeded 1 GW in the first half of 2026 after passing 700 MW in the third quarter of 2025, with assets more than doubling over the past two years. BEP said it is developing more than 1 GW more and is expanding BESS and power supply contracts.
Industry
Posco Future M breaks ground on dedicated LFP cathode plant
Posco Future M has broken ground on a dedicated LFP (lithium iron phosphate) cathode materials plant, stepping up its push into materials for energy storage systems and electric vehicles. Its joint venture with Pino and CNGR began construction after holding a safety ceremony in Pohang on May 28. The plant targets mass production in 2027 and plans to expand capacity in stages to as much as 50,000 tonnes a year.
Industry
LG Energy Solution signs $1.6 billion ESS supply deal with DTE Energy
LG Energy Solution said on May 28 it signed a $1.6 billion energy storage system supply contract with U.S. utility DTE Energy. Total supply volume is 6 GWh and deliveries will run for about two years. DTE Energy, Michigan’s largest power utility, plans to use the ESS for eight grid projects, including an Oracle AI data center in Salem Township. LG Energy Solution said production will center on its Holland, Michigan plant.
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Industry
Ecopro Innovation signs 4-year lithium hydroxide supply deal with global automaker
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Industry
L&F completes LFP-dedicated subsidiary plant, mass production to start in Q3
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Industry
Mplus Q1 operating profit 10.2 billion won, up 328 percent on year
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Industry
K battery makers see end of chasm tunnel, profitability within reach in Q2
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Industry
SoftBank to launch gigawatt-scale battery business with South Korean firm in AI-era power bet
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Industry
Lotte Chemical posts 73.5 billion won Q1 operating profit, swings to profit
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Industry
Cowintech signs robot automation deal worth mid-30 billion won with global battery maker
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Industry
L&F posts 118.9 billion won Q1 operating profit, returns to profit
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Mobility
Startups step up moves to boost efficiency in EV charging infrastructure operations
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Industry
LG Energy Solution posts Q1 operating loss of 207.8 billion won, swings to red
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Industry
Ecopro posts Q1 operating profit of 60.2 billion won, up 4,280 percent
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Industry
Ecopro BM Q1 operating profit 20.9 billion won up 823 percent on year
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Industry
Solus Advanced Materials Q1 operating loss 22 billion won widens 43.8 percent
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Industry
Samsung SDI posts Q1 revenue of 3.58 trillion won; operating loss narrows to 155.6 billion won
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Industry
Battery industry profit recovery comes into view as lithium prices rise