LG Energy Solution signs 4.5 GWh storage pact with Energix

LG Energy Solution signed a preliminary agreement on Oct. 27, 2026, to supply up to 4.5 gigawatt-hours of battery energy storage systems to Israeli developer Energix-Renewable Energies.

The non-binding memorandum of understanding establishes an initial baseline delivery of two gigawatt-hours over the next 24 months. The arrangement opens a supply pathway across European and North American power markets.

Under the opening phase, the South Korean battery manufacturer plans to allocate 1.5 gigawatt-hours of storage equipment to Europe. The remaining 0.5 gigawatt-hours will go to projects in North America.

The two companies also agreed to negotiate terms that could expand the total procurement volume to 4.5 gigawatt-hours. That expanded volume would encompass three gigawatt-hours in Europe and 1.5 gigawatt-hours in North America.

Kang Chang-beom, executive vice president and head of the energy storage business division at LG Energy Solution, signed the pact at the company's headquarters in Seoul. Energix Chief Executive Officer Asa Levinger represented the developer.

Initial installations under the framework will center on the Jonava project in Lithuania. Energix is developing a hybrid renewable generation facility at the site that pairs generation assets with 320 megawatt-hours of battery capacity.

Commercial operations at the Jonava facility are targeted to begin in 2027, the companies said. The project serves as the operational anchor for the broader regional supply plan.

The transaction builds on previous project cooperation between the two firms in Central Europe. LG Energy Solution supplied battery hardware to Energix in 2024 for the Nowe Czarnowo storage project in Poland.

Energix operates as an independent power producer headquartered in Israel, directing the development, construction and operation of clean energy installations. The company manages utility-scale solar, wind and battery assets across Europe, North America and Israel.

The developer is actively executing an expansion campaign aimed at building a global project portfolio of more than eight gigawatts. Securing dedicated hardware supply lines protects installation timetables across its international pipeline.

For LG Energy Solution, the agreement broadens its European market presence beyond its traditional customer base in North America. The supplier has prioritized large-scale utility storage orders to counter moderating growth rates in electric vehicle battery procurement.

Grid storage installations require steady cell deliveries over multi-year deployment cycles. These long-duration delivery commitments provide battery manufacturers with volume stability when automotive demand fluctuates.

Rising electrical loads from artificial intelligence data centers and industrial electrification are accelerating utility grid investments across Western economies. Power grid operators require stationary batteries to store excess renewable generation and dispatch electricity during consumption peaks.

The South Korean battery maker operates a high-volume cell production facility in Wroclaw, Poland. Regional manufacturing presence gives the company short freight routes and logistical advantages when serving European utility developers.

In the United States, LG Energy Solution has similarly directed dedicated production lines toward energy storage integration. Localized assembly enables the manufacturer to address regulatory standards and utility procurement schedules in North America.

The potential 4.5-gigawatt-hour allocation represents more than half of Energix's total eight-gigawatt long-term project target. That scale positions the South Korean producer as a primary technology supplier for the developer's pipeline.

The formal documentation does not disclose total contract value or pricing schedules per kilowatt-hour, as commercial financial terms remain subject to binding project contracts. The company also did not specify the exact cell chemistry mix allocated between nickel-based and lithium iron phosphate lines.

Binding purchase orders and site-specific commercial terms will be negotiated on a project-by-project basis over the 24-month framework period. The companies will evaluate installation schedules leading into the 2027 commissioning target for the Jonava site.