Energy Storage News•about 13 hours ago
LG Energy Solution targets 90GWh of battery orders in US energy storage market in 2026
Key Takeaway
LGES's aggressive 90GWh US ESS order target by 2026 signals a robust and growing domestic battery supply, which should improve project economics and accelerate deployment for developers and large power consumers.
AI Summary
- •LG Energy Solution (LGES) is targeting 90GWh of battery orders specifically for the US energy storage market by 2026, a significant portion of its projected 300GWh global cell production.
- •This substantial supply commitment from a major OEM indicates increased availability and potential for more competitive pricing for battery cells in the US, directly benefiting developers and large power consumers planning ESS projects.
- •The focus on the US market strengthens the domestic energy storage supply chain, aligning with and potentially leveraging incentives from US energy policies like the IRA.
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