We believe that the Inflation Reduction Act and the supplemental guidance on domestic content position the US energy storage market to grow beyond our highest expectations. As an industry, we must prepare to localize manufacturing and supply chains to support continued growth and ensure the security and resilience of tomorrow’s electrical supply systems. With LG Energy Solution’s Arizona battery cell manufacturing facility under construction, our extensive experience permitting and developing manufacturing plants in the US gives us confidence that we will bring our plant online on schedule in 2026. All modular systems manufactured at our US facilities will consist of components sourced from non-FEOC countries, surpassing the requirements of the US market. Our US supply chains are established, and we are ready to meet the requirements of the IRA’s domestic content guidelines published by the Treasury on May 16 and support our customers through this transition. The supplemental guidance on domestic content provided by the administration makes it clear to us that to excel in the US energy storage market, domestic manufacturing and supply chains for most major components – from battery cells to inverters – will be instrumental. We’re proud to create systems with partners who are dedicated to the US market, and we look forward to seeing energy storage become a fundamental part of the US energy landscape. #energystorage #batterystorage #IRA #renewableenergy
LG Energy Solution Vertech, Inc.
Services for Renewable Energy
Westborough, Massachusetts 2,961 followers
Exceptional customer experience and reliable, long-lasting energy storage systems.
About us
LG Energy Solution Vertech, Inc. (LGES Vertech) delivers exceptional customer engagement throughout every stage of acquiring, installing, and operating advanced, reliable, and long-lasting energy storage systems. With the support and expertise of the greater LG Energy Solution group, LGES Vertech provides fully integrated energy storage systems with services including monitoring and diagnostic software that empowers customers to maximize value. Our AEROS® energy operating system is the engine of innovation and provides advanced control functions allowing our customers to maximize the value of their energy storage assets. As a fully integrated battery OEM and systems provider with specialized, proprietary knowledge, LGES Vertech optimizes AEROS® to predict future performance and give customers key insights into the potential of their systems. Field service capabilities include advanced monitoring, analytics, and diagnostics, scheduled maintenance, augmentation, and auxiliary system upgrades. The combination of excellence in battery technology and production coupled with nearly two decades of proven energy storage system integration makes LGES Vertech an unparalleled supplier and integrator in today’s power and energy markets. LG Energy Solution Vertech was established in February 2022 when LG Energy Solution acquired NEC Energy Solutions in Westborough, MA.
- Website
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https://lgensol-vt.com/
External link for LG Energy Solution Vertech, Inc.
- Industry
- Services for Renewable Energy
- Company size
- 51-200 employees
- Headquarters
- Westborough, Massachusetts
- Type
- Privately Held
- Founded
- 2022
Locations
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Primary
155 Flanders Rd
Westborough, Massachusetts 01581, US
Employees at LG Energy Solution Vertech, Inc.
Updates
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Energy-Storage.news shared a deep dive with Jaehong Park on everything from our plans for US manufacturing and domestic content to the evolution of the #energystorage industry over the past ten years. "LG Energy Solution is adjusting the pace of planned investment execution efficiently and flexibly according to market conditions, and focusing on optimizing our operations... to get products to market faster. We remain firmly committed to US manufacturing." #batterystorage #renewables #renewableenergy https://lnkd.in/er8r7tMC
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Offering customers a path to energy storage projects via our one contact, one contract approach means that we take care of assets - and customers - for the entire project lifespan. This interview with Energy-Storage.news and our CEO, Jaehong Park, discussing the impact of vertical integration in the #energystorage industry. "Being able to create a single contract for project delivery is perhaps the biggest advantage of vertically integrating battery energy storage system (BESS) manufacturing with system integration, according to the CEO of LG Energy Solution (LG ES) Vertech... 'The most important value of the vertical integration is [creating] one single contract, and the energy storage system (ESS) is not a product that we deliver, and it’s done. We need to take care of this asset for 15 years or 20 years, for its entire lifespan,' Park said.” Read more here! https://lnkd.in/erZQEveu #batterystorage #battery #renewables Andy Colthorpe
LG ES Vertech: Vertical integration of cell and BESS solution gives customers ‘one throat to choke’
https://www.energy-storage.news
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We're excited to get started at American Clean Power Association (ACP)'s first RECHARGE energy storage conference! We're looking forward to some great sessions with industry leaders, including two panels with our colleagues Tristan Doherty, CPO and Peter Gibson, VP of Sales and Marketing. Looking back at the packed house we had at CLEANPOWER for an energy storage focused session, we're hoping for some excited conversations this week! (Video taken before the session maxed out standing room!) #ACPRECHARGE24 #energystorage #batterystorage
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LG Energy Solution Vertech, Inc. reposted this
It was fantastic to visit the LG Energy Solution headquarters last week, where I had the pleasure of reconnecting with familiar faces and meeting new ones. I enjoyed sharing updates on the US market, LG Energy Solution Vertech, Inc.'s system integration capabilities, and discussing our strategies for effectively deploying more energy storage to the market!
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The The Korea Economic Daily reports on a new portfolio of 4.8 GWhs of battery energy storage projects we're very excited to work on. The projects will be installed in the next two years across Arizona. Our CEO and President, Jaehong Park, shared: "It's exciting to be a part of projects of this size, which have tangible impacts on the energy grid. We're looking forward to supporting these projects and participating in the evolution of the energy storage market." Read more below. #battery #energystorage #renewableenergy #batterystorage https://lnkd.in/gTJSU5tZ
LG Energy wins estimated $1 bn ESS battery deal from Qcells - KED Global
kedglobal.com
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Yesterday, members of our Data Science and Data Analysis department visited the Massachusetts Institute of Technology for a lunch & learn. We had a great time talking with students about our work in #cleantech and the great opportunities there are to work at LG Energy Solution Vertech! #renewableenergy #batterystorage #energystorage #recruiting Kiran Kumar Joseph Zahavi Aruna Mohan Jazmin Afonso
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To celebrate #earthday, we invited the kids of LG Energy Solution Vertech to share what Earth Day means to them in the form of original drawings. We're thrilled with the results! Which drawing resonates with you? #sustainability #renewableenergy #art
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We took time today to witness the solar eclipse in Massachusetts! Feeling the temperature drop and the light shift was an interestingly visible reminder of the power of the sun and the energy it provides daily. #energy #solarenergy #eclipse
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LG Energy Solution Vertech, Inc. reposted this
-LG Energy Solution invites Arizona state government and local community officials for a construction progress #update on its second U.S. stand-alone facility. -Completion and start of production expected in about two years, with full-scale #hiring for thousands of new jobs to begin in the second-half of 2025. -The company to further strengthen market competitiveness in the U.S. underpinned by product and #technology leadership #LGEnergySolution #Arizona #Construction Town of Queen Creek
LG Energy Solution’s $5.5 Billion Stand-Alone Battery Manufacturing Complex Project in Arizona Well Underway - LG Energy Solution
news.lgensol.com