LG Energy Solution announced on October 27, 2026, that it signed a non-binding memorandum of understanding with Energix-Renewable Energies Ltd. to expand collaboration on battery energy storage system projects in Europe and the United States.
Under the memorandum, the companies will explore the potential supply of approximately 1.5 GWh of BESS solutions in Europe and 0.5 GWh in the United States over the next 24 months. They will also discuss increasing the overall supply volume to approximately 4.5 GWh, comprising 3 GWh in Europe and 1.5 GWh in North America. The proposed supply would be supported by LG Energy Solution’s operations in Europe and the United States.
LG Energy Solution, Energix Explore 4.5 GWh BESS Supply
The non-binding MoU could expand LG Energy Solution’s BESS supply footprint across Energix projects in Europe and North America.
The expanded discussion skews toward Europe, while the MoU’s initial scope is smaller in both markets.
Energix develops, owns and operates renewable energy and energy storage projects. Its long-term growth strategy targets a global portfolio of more than 8 GW. As part of the collaboration, the companies plan to conduct regular reviews and evaluate further opportunities across Energix’s renewable energy project pipeline. According to LG Energy Solution, combining renewable generation with energy storage is expected to support grid flexibility and reliable clean energy delivery in key markets.
The agreement follows previous collaboration between the companies in Europe. LG Energy Solution supplied battery solutions for Energix’s Nowe Czarnowo project in Poland. The companies are also discussing potential cooperation on the Jonava project in Lithuania, a hybrid renewable energy development that includes approximately 320 MWh of energy storage capacity and is targeted to begin commercial operations in 2027.
LG Energy Solution said the memorandum could expand its participation in large-scale energy storage projects in Europe while building on its recent progress in North American projects linked to power grids and renewable energy. The company plans to use its technology and local manufacturing capabilities to pursue additional energy storage business in both regions.
Source: news.lgensol.com
