Samsung SDI's unit to supply ESS solutions to U.S. firm

What happened: Samsung SDI's Michigan-based unit, Samsung SDI America, signed an agreement to supply ESS battery solutions to U.S. developer Alpha Omega Power by December. Key numbers: 1 GWh under the new deal; 1.5 GWh combined with a contract signed last year; worth hundreds of billions of won; SBB 1.7 uses NCA batteries; SPE is a 51:49 Why it matters: AOP's CEO said the second agreement strengthens the domestic supply chain supporting next generation energy infrastructure. Samsung SDI has secured several ESS contracts with U.S. energy companies this year and is in talks for more orders.

Samsung SDI's Michigan-based unit, Samsung SDI America, signed an agreement to supply ESS battery solutions to U.S. developer Alpha Omega Power by December.

AOP's CEO said the second agreement strengthens the domestic supply chain supporting next generation energy infrastructure. Samsung SDI has secured several ESS contracts with U.S. energy companies this year and is in talks for more orders.