LG Energy Solution, Enerjix to Collaborate on ESS Supply in Europe and North America
Targeting total supply of 2 GWh within 24 months
Considering expansion to 4.5 GWh
Collaboration to begin with Lithuania's Jonava project
LG Energy Solution said on the 27th that it had signed a strategic business agreement with renewable energy company Energix to cooperate on energy storage system (ESS) projects in Europe and North America.
Kang Changbeom (right), head of the ESS Battery Business Division at LG Energy Solution, and Enerjix CEO Asa Levinger pose for a commemorative photo after signing an MOU on cooperation to supply energy storage systems (ESS) in Europe and North America at Parc.1 in Yeouido, Seoul. LG Energy Solution
View original imageThe two companies will work together with the goal of supplying a total of 2 GWh of ESS capacity within the next 24 months, including approximately 1.5 GWh in Europe and 0.5 GWh in North America. They are also considering expanding the total supply to 4.5 GWh. The agreement is a non-binding memorandum of understanding, and the supply volumes have not been finalized in a contract.
Headquartered in Israel, Energix is an independent power producer that develops and operates solar, wind, and ESS projects in Europe, North America, and Israel.
The two companies plan to begin their cooperation with the Jonava project, which Energix is developing in Lithuania. The project is a combined renewable energy development that will include an ESS with a capacity of approximately 320 MWh, with commercial operations targeted to begin in 2027. LG Energy Solution previously supplied products for Energix's Nowe Czarnowo ESS project in Poland in 2024.
Through this agreement, LG Energy Solution plans to expand its ESS business opportunities and customer base in Europe, following its expansion in North America.
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Kang Changbeom, head of the ESS Battery Business Division at LG Energy Solution, said, "Our collaboration with Energix will enable us to expand ESS business opportunities in Europe and North America and further strengthen our global customer base. We will accelerate the growth of our global ESS business based on our differentiated technological capabilities and local production capacity."
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