POWER Magazine•22 days ago
Groups Announce Deal for 5 GWh of Energy Storage Products
- •LG Energy Solution Vertech and Qcells have committed to a multi-year deal for 5 GWh of energy storage products to be deployed in Qcells' U.S. development projects.
- •This significant commitment signals a major scaling of utility-scale battery storage availability and deployment across the U.S. market.
- •For developers, this indicates a key player (Qcells) is securing substantial supply, potentially influencing future storage procurement strategies and PPA structures.
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