LG Chem Ltd. will supply Li-ion battery and management systems to Swiss-based ABB under a newly signed long-term agreement.
Among the projects to be undertaken will be a power system stabilization demonstration project. LG Chem did not disclose the size of the deal.
In October 2010, Southern California Edison (SCE) selected LG Chem, Ltd. to provide lithium-ion battery packs for a pilot program involving energy storage systems (ESS) for residential and small commercial applications, marking LG Chem’s first utility customer win. (Earlier post.)