the company plans to supply 1.5 GWh of ESS capacity to Europe and 0.5 GWh to North America within 24 months
LG Energy Solution has signed a non-binding agreement with Israel's Energix to supply 2 GWh of energy storage systems to Europe and North America over the next two years. LG Energy Solution announced on Tuesday that it has signed a non-binding agreement with Israeli renewable energy developer Energix to supply 2 gigawatt-hours (GWh) of energy storage systems (ESS) to Europe and North America over the next two years. Under the memorandum of understanding signed at LG Energy Solution's headquarters in Yeouido, Seoul, the company plans to supply 1.5 GWh of ESS capacity to Europe and 0.5 GWh to North America within 24 months. Both parties will also explore expanding the total supply volume.
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