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Samsung SDI signs $1.53bn contract to supply LFP batteries in the United States

Samsung SDI will supply LFP cells for energy storage systems in the United States starting in 2027, under a multi-year deal valued at $1.53bn.

Samsung SDI signs $1.53bn contract to supply LFP batteries in the United States

SectorStockage énergie, Batteries
ThemeInvestissements & Transactions, Contrats

Samsung SDI has secured a contract worth over KRW2tn ($1.53bn) through its American subsidiary to supply lithium iron phosphate (LFP) batteries for energy storage systems (ESS) in North America. The South Korean group will begin deliveries in 2027 for a period of three years.

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Stockage énergie