- Published 2026.11.07 00:02
Strategic alliance at Shanghai import expo… joint push for Nantong, Nanjing projects
Prismatic LFP batteries expected to be supplied for first time to Nanjing standalone ESS project
LG Energy Solution has signed a strategic partnership with Linyang Energy, a Chinese smart grid and renewable energy company, to tap the global energy storage system (ESS) market. The strategy is to participate in major grid projects in China, the world's largest ESS market, to strengthen its local presence and expand cooperation into the global market over the long term.
According to a report by China's Century New Energy Network on Nov. 6, LG Energy Solution's China subsidiary signed a business agreement with Linyang Energy the previous day at the 9th China International Import Expo (CIIE) held at the National Exhibition and Convention Center in Shanghai. The event was attended by key executives including Kim Jae-kwon, vice president and chief strategy officer (CSO) of LG Energy Solution, Kim Woo-seob, global senior vice president, and Choi Ji-woong, head of China operations, as well as Lu Yonghua, founder and chairman of Linyang Group, and Zhang Tong, mayor of Nantong.
Through the agreement, the two companies will build a long-term cooperative relationship in ESS power plant development, system integration and smart operation and maintenance (O&M) services. They will first pursue a grid-side standalone ESS project in Nantong, Jiangsu Province, and jointly carry out a standalone ESS project in Nanjing. The Nanjing project in particular encompasses power plant development and construction, smart O&M and ancillary energy services.
According to a report by China's Sina.com, LG Energy Solution plans to supply prismatic lithium iron phosphate (LFP) batteries to a 100 MW/400 MWh grid-side standalone ESS project to be built in the Jiangning Binjiang Development Zone in Nanjing. This is reported to be the first case of LG Energy Solution's prismatic LFP ESS batteries being applied to a grid project in China.
As the global ESS market has grown rapidly, LG Energy Solution has been increasing shipments and expanding its market share. According to market researcher SNE Research, LG Energy Solution's global ESS battery shipments in the first three quarters of this year reached 22.1 GWh, up about 355% from the same period last year. In North America, it shipped 18.4 GWh, sharply raising its market share from 4.8% to 15.0%.
Partner Linyang Energy is a smart grid and renewable energy solutions company founded in 1995 and listed on the Shanghai Stock Exchange in 2011. The two companies plan to form a dedicated task force and operate a high-level communication channel on a regular basis to ensure the pilot projects take root. Based on this, they will expand the scope of cooperation across China and into the global market.
The two companies said the agreement is an important step to integrate their resources, build a global ESS supply chain and pioneer the clean energy market. They added that it will serve as a new model for domestic and foreign companies to deepen cooperation in the eco-friendly energy industry.
※ This article is an AI translation of the Korean original published by Korea Credit News; it was checked by automated quality guards and published by the English edition desk.
