LG Energy Solution Vertech Signs Agreement with Excelsior to Deliver 7.5 GWhs ESS

LG Energy Solution Vertech announced the signing of a multi-year agreement with Excelsior Energy Capital (Excelsior).

This agreement provides 7.5 GWhs of fully integrated lithium-ion energy storage projects that will be supported with integration and lifecycle services from LG Energy Solution Vertech.

All projects will meet domestic content requirements and will be delivered to the US, with the first delivery slated for April 2026.

The agreement builds on the growth of LG Energy Solution Vertech in the US in the grid-scale battery energy storage market, following the recent announcement of an 8 GWh agreement with Terra-Gen, Inc. It also secures energy storage projects that meet domestic content requirements in Excelsior’s diversified energy storage portfolio.

“We’re looking forward to partnering with LG Energy Solution Vertech as we build our presence in the U.S. energy storage market,” said Anne Marie Denman, Co-Founder and Partner of Excelsior. “We selected LG Energy Solution Vertech because of their ability to support us throughout the project lifecycle with exceptional services, software, and products. We also gain access to the full benefits of U.S. manufactured products with this partnership.”

“Excelsior is thoughtfully establishing projects in the US,” said Hyung Kim, Head of ESS Battery Division at LG Energy Solution, the parent company of LG Energy Solution Vertech. “We place great value in being a long-term partner to our customers, supporting projects throughout their lifecycles with services and software that enable success well beyond project commissioning. We look forward to seeing the projects under this agreement make meaningful, lasting impacts on the energy grid.”