Energix and LG Energy Solution discuss supplying up to 4.5 GWh of storage systems by 2028
Key Facts
Energix and LG Energy Solution signed a memorandum of understanding on the potential supply of battery energy storage systems with capacity of up to 4.5 GWh for Energix projects in Europe and the United States by 2028, according to an Energix announcement. The announcement sets a potential supply ceiling within a cooperation framework and does not describe it as a confirmed commitment to deliver the volume. It also does not specify how capacity would be divided between the two markets or provide a detailed delivery schedule. The terms differ from an earlier draft account that referred to 2 GWh over 24 months, split between Europe and North America; those figures do not appear in the announcement. The memorandum focuses on expanding Energix's storage portfolio, as the two parties look to broaden their partnership through additional projects and markets.
Energix said the agreement establishes a framework to support the continued expansion of its energy storage portfolio, drawing on advanced technology and a "long-term supply guarantee." The company links the move to its projects in Europe and the United States, without disclosing project locations, implementation dates or how potential capacity would be allocated among them. Describing the supply as potential means the 4.5 GWh ceiling defines the scope of the opportunity covered by the memorandum, not a quantity the company has definitively contracted to receive. The parties have not announced a final purchase or delivery commitment in the information available. The announcement also provides no financial value for the agreement.
Among the elements highlighted by Energix is the possibility of deploying U.S.-made battery systems that meet FEOC requirements in its U.S. projects. This positions U.S. manufacturing and compliance with the stated requirements as elements of the potential partnership in that market. However, the announcement does not specify the volume of U.S. systems within the total capacity that could reach 4.5 GWh. Nor does it list the U.S. projects involved or when the batteries might be deployed. The wording remains conditional: the company described deployment as a potential element of the partnership, not a confirmed delivery.
The relationship between the two companies is based, Energix said, on previous cooperation that it described as successful in Poland. The company said it looks forward to expanding the partnership to additional projects and markets in the coming years. The announcement does not specify the nature, capacity or timing of the Polish cooperation, nor does it name additional markets that could be included. This prior experience provides context for broadening the relationship, while the current memorandum of understanding sets a framework for Energix projects in Europe and the United States. The company describes energy storage as one of the most important growth drivers in its markets.
Energix links the importance of storage to the growing deployment of renewable energy and continued increases in electricity demand in its markets, saying storage "will play a pivotal role in the energy transition." Globally, battery storage systems added 108 GW of capacity in 2025, up 40% from 2024, according to the International Energy Agency's review. These figures provide context for growth in the sector in which the partnership operates, but do not represent an estimate of Energix's market size or LG Energy Solution's sales. The agency said utility-scale storage accounted for about 80% of new battery capacity in 2025. China accounted for about 60% of global additions, followed by the United States and Europe.
In battery chemistry, lithium iron phosphate batteries accounted for about 90% of battery storage deployments in 2025, according to the International Energy Agency. The agency said these batteries are typically less expensive and better suited to repeated cycling than some chemistries used in electric vehicles. This provides technical context on the battery mix in the storage sector, but does not identify the chemistry that will be used in the systems covered by the Energix and LG Energy Solution memorandum. The announcement did not disclose battery specifications or the manufacturing technology to be used in European or American projects. The only stated timeline in the agreement is that potential supply could reach its ceiling by 2028, with no phased delivery schedule announced.