LG Energy Solution Vertech unveils 10 ESS projects totaling 10 GWh in US in 2024

Dec. 22, 2023
LG Energy Solution plans to construct a battery manufacturing complex in Queen Creek, Arizona. The company also has a long-term supply deal with Toyota.

LG Energy Solution’s Vertech affiliate plans to install 10 GWh of grid-scale battery energy storage (ESS) projects, comprising of 10 integrated battery systems, in the U.S. in 2024.
According to the Environmental Protection Agency’s Greenhouse Gas Equivalencies calculator, the combined installations are equivalent to diverting almost 8 million pounds of coal or 16 million pounds of Co2 emissions per year, according to reports.
The projects will include advanced lithium-ion batteries manufactured by LG Energy Solution with hardware integration, system controls software, and related services provided by LG Energy Solution Vertech.
The AEROS software suite will be deployed to all sites to provide end-users with both onsite supervisory and controls services as well as cloud-based access to site performance analytics. AEROS users will receive insight into optimizing project revenues with advanced AI and machine learning analytics, as well as resource plan with the software’s digital twin capabilities.
LG Energy Solution plans to construct a battery manufacturing complex in Queen Creek, Arizona.
The complex will have two manufacturing facilities, one for cylindrical batteries for electric vehicles (EV) and another for lithium iron phosphate (LFP) pouch-type batteries for energy storage systems (ESS).
The ESS facility will provide 16 GWh of energy storage batteries to maximize IRA benefits for customers.
South Korean-based LG Energy Solution created its Vertech subsidiary and entered the energy storage integration sector after acquiring NEC Energy Solutions in the U.S. last year.
In October, LG Energy Solution and Toyota announced signing of a long-term deal to supply batteries for the automakers’ electric vehicles in the U.S. The energy storage technology firm agreed to supply Toyota with 20 GWh of high-nickel NCMA battery modules annually beginning in 2025.
US Energy Storage Monitor, a quarterly publication from Wood Mackenzie Power & Renewables and the American Clean Power Association (ACP), forecasted that the 2024 grid-scale ESS market is expected to reach 30 GWh total, an increase of 35 percent over 2023.