LG Ensol to Skip 3rd Central Contract Market… "Selection and Concentration on Existing Businesses"
5 Articles
5 Articles
LG Energy Solutions did not participate in the 3rd Energy Storage System (ESS) central contract market bid. It seems that they have decided that it is not necessary to aim for the ESS central contract market where price competition is intense due to the tight ESS order volume until 2028, mainly in the North American market. LG Energy Solution said on the 5th, “Limited resources and demand based on 'choice and focus' rather than securing short-te…
(Seoul = Yonhap News) Reporter Kim Min-ji = LG Energy Solution has decided not to participate in the ongoing third competitive bidding for the Energy Storage System (ESS) central contract market...
[Digital Daily Reporter Ko Seong-hyeon] LG Energy Solution has decided not to participate in the third competitive bidding round for the domestic Energy Storage System (ESS) central contract market. The strategy is to focus on the stable execution of existing businesses and the development of next-generation batteries rather than expanding short-term orders. LG Energy Solution announced in a statement on the 5th that it "did not participate in …
Focus on first and second acquisition volumes and competencies on existing businesses
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