According to industry sources on the 30th, LG Energy Solution announced via LinkedIn that it had signed a contract with Eneon to supply DC-link BESS systems.
LG Energy Solution stated, “This agreement with Eneon is one of several ongoing collaborations with customers,” adding, “This includes several large-scale contracts currently being pursued with other customers.”
The company added, “By combining LG Energy Solution’s leading battery technology with Eneon’s system integration and supply capabilities, we will address the growing demand for stable and scalable energy storage solutions across North America.”
LG Energy Solution plans to supply Eneon with the JF2 DC Link ESS solution, manufactured in North America. However, the contract value was not disclosed.
A DC link is the section that connects direct current (DC) power between the battery and the power converter (PCS). The JF2 DC link, based on high-efficiency, high-safety LFP batteries, stores up to 5.1 MWh and incorporates LG Corp.’s safety-enhanced pack and system designs. Furthermore, it is produced and supplied in North America, from the cells to the packs and the system.
Eneon also explained via Linked Inc., “With this contract, Eneon is now able to supply Tier 1 BESS products manufactured in the U.S.,” adding, “We are now able to support projects that qualify for the Investment Tax Credit (ITC) and meet U.S. domestic procurement requirements.”
Currently, LG Energy Solution is meeting North American ESS demand through a total of five production bases: three standalone plants in Holland and Lansing, Michigan, and NextStar Energy in Ontario, Canada; the Honda joint venture plant in Ohio; and the GM joint venture Ultium Cells plant in Tennessee. The company plans to secure over 50 GWh of LFP battery production capacity for ESS in North America by the end of this year.
Meanwhile, LG Energy Solution is set to begin production of lithium-manganese-rich (LMR) batteries through Ultrium Cells, its battery joint venture with General Motors (GM). To this end, the company will carry out facility upgrades at its Spring Hill plant in Tennessee through 2028 to enable the production of prismatic LMR battery cells. The goal is to become the first in the world to mass-produce prismatic LMR battery cells. LMR batteries reduce material costs by decreasing the use of expensive nickel and cobalt in the cathode and increasing the proportion of relatively inexpensive manganese.
