US EditionCPS Energy Cooperates with South Korea’s OCI, LG
- On May 26, 2025, CPS Energy, OCI Energy, and LG Energy Solution Vertech signed an MOU in Seoul to develop the Alamo City BESS project in Texas.
- The MOU followed increasing power demand in Texas and the need for energy storage to support grid reliability during peak periods.
- Alamo City BESS will feature 120 MW / 480 MWh capacity, combining advanced lithium-ion batteries and energy management technology to serve over 950,000 customers.
- OCI Energy will develop and operate the project, LG Energy Solution Vertech will supply the storage system, and CPS Energy will purchase the stored energy, targeting commercial operation in 2027.
- The project aims to enhance San Antonio's energy sustainability, increase grid security, and support economic growth while reinforcing CPS Energy's leadership in Texas energy integration.
20 Articles
20 Articles
OCI Holdings signs energy storage agreement with CPS Energy, Vertech
OCI Holdings announced Tuesday that its U.S. subsidiary, OCI Energy, has signed a three-party memorandum of understanding with CPS Energy, a Texas-based energy provider, and Vertech, the U.S. subsidia...
Texas Energy Leaders Unite for 120 MW Grid-Strengthening Battery Storage Project
Texas-based OCI Energy LLC, CPS Energy, and LG Energy Solution Vertech, the U.S. energy storage division of LG Energy Solution, have signed a Memorandum of Understanding (MOU) to collaborate on […] The post Texas Energy Leaders Unite for 120 MW Grid-Strengthening Battery Storage Project appeared first on SolarQuarter.
OCI teaming up with CPS Energy, LG
OCI Energy CEO Sabah Bayatli, center, poses with Rudy D. Garza, CEO of CPS Energy, and Vertech head Park Jae-hong during the MOU signing ceremony held at an OCI office in South Korea on May 26. [Photo courtesy of OCI Holdings] South Korea’s OCI Holdings announced on May 27 that it would cooperate with LG Energy Solution and CPS Energy in expanding its clean energy footprint in North America. OCI Energy, a U.S. subsidiary of OCI Holdings, signed …
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