+86-755-28171273
Home / Knowledge / Details

Feb 17, 2022

Keep up with CATL! LG Energy officially announced the implementation of energy storage mergers and acquisitions to enter the system integration market

On the 17th, the massive acquisition of LG Energy Solution, the global leader in lithium batteries, finally landed.


The company officially acquired 100% of the shares of NEC Energy Solutions (NEC ES), a US energy storage system manufacturer from NEC, and will enter the energy storage system integration market as a new company named "LG New Energy Vertech".


LG Energy revealed that the global energy storage system market is expanding, and more and more customers have proposed to battery manufacturers that they need energy storage system integration solutions. In the future, the company will independently build a large-scale energy storage system, which will no longer be subject to battery supply issues, and will respond to customer needs in a more timely manner.


Coincidentally, Ningde Times also revealed the trend of overseas energy storage business during the survey on the 15th, and said that the company had discussed with US energy storage customers, and the latter hoped to localize supply.


Coincidentally, another company that cooperates with CATL in energy storage business, KSTAR, also accepted an institutional survey recently. The company stated that the energy storage business of the joint venture company mainly targets overseas markets, and has business contacts in Europe, Africa, Australia and other markets; in the future, it will focus on the deployment of energy storage business.


With the collective correction of early-stage track stocks, the energy storage sector has fallen by nearly 20% since the beginning of 2022.


However, the overall high growth trend of the industry is still affirmed by many institutional analysts. Energy storage is currently in a period of accelerated development, and the development of energy storage both at home and abroad has accelerated significantly. It is expected that the growth rate of the energy storage industry will exceed 100% in 2022. Compared with other sectors, energy storage is still the fastest-growing segment. If the energy storage data further exceeds expectations after the first quarterly report is released, the valuation "anchor" of energy storage is expected to rise. The overall allocation value of the current sector is gradually emerging.

                                09WYBF(I%%B82UCS86{V{}0

Manly Battery Co.,Ltd specializes in providing energy storage power, backup power, power supply and new energy system solutions and operation and maintenance services for new energy, smart energy storage and green power applications. Among them, the field of network energy mainly includes communication, electric power, data center, financial securities, rail transit, etc.; household energy storage, industrial energy storage, Ai, artificial intelligence, service robots, disinfection robots, and smart energy storage mainly includes household energy storage , industrial and commercial energy storage, micro-grid energy storage systems; green power fields mainly include forklifts, low-speed electric vehicles, non-road vehicles, etc. At present, the main products are lithium-ion batteries and systems, lead-acid battery replacement lithium batteries and systems, and new energy system integration products and services. Please contact: 

sales@manlybatteries.com

info@manlybattery.com


Send Message