Company SK On Begins Manufacturing Battery Storage Equipment
In a significant move to address the growing demand for energy storage systems for the power grid, South Korean battery manufacturer SK On has announced plans to produce battery storage systems in the state of Georgia, starting in 2026.
As part of a supply agreement with US-based Flatiron Energy, a company specialising in planning, construction, and long-term operation of large-scale storage projects in North America, SK On will be converting production lines for electric vehicle batteries at SK On's Commerce site to manufacture stationary storage systems.
The battery storage systems, based on lithium iron phosphate (LFP) cells, will be containerized and feature additional safety mechanisms. They will be used for stationary energy storage and will be delivered in modular units that are expandable, making them flexible for various energy storage needs.
Flatiron Energy, established in 2021, is responsible for developing and operating these storage projects. The first projects of these battery storage systems will be implemented in Massachusetts starting in 2026.
The total capacity of the battery storage systems to be delivered by SK On by 2030 is up to 7.2 gigawatt-hours, contributing significantly to the demand for energy storage systems for the power grid.
SK On's extension of its involvement in the United States beyond electric mobility is a testament to the growing importance of energy storage systems in the power grid. The battery storage systems produced by SK On are part of a growing demand for energy storage systems for the power grid, a focus for both SK On and Flatiron Energy.
The identity of the person leading Flatiron Energy is not explicitly named in the available search results, but the company's role in this partnership underscores its commitment to sustainable energy solutions.
This partnership marks an exciting step forward in the global energy landscape, as both companies work together to provide reliable and sustainable energy storage solutions.
Read also:
- Peptide YY (PYY): Exploring its Role in Appetite Suppression, Intestinal Health, and Cognitive Links
- Toddler Health: Rotavirus Signs, Origins, and Potential Complications
- Digestive issues and heart discomfort: Root causes and associated health conditions
- House Infernos: Deadly Hazards Surpassing the Flames