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Ultium Cells Announces LFP Production for Energy Storage in Spring Hill

Ultium Cells, a joint venture between General Motors and LG Energy Solution, is converting its Spring Hill plant to manufacture lithium iron phosphate (LFP) batteries for energy storage systems. The company is investing approximately $70 million in the conversion of the production facilities. Production is scheduled to begin in the second quarter of 2026. The company has not provided specific details on the share of future LFP production relative to the plant’s total output. They merely state that the facilities are currently being retrofitted and the workforce is being trained accordingly. Focus on Stationary Energy Storage The LFP cells produced in Spring Hill will be supplied to LG Energy Solution’s U.S. energy storage division. There, the cells will be processed into complete storage systems for use in North America in applications such as power grids and data centers. LG Energy Solution cites rising demand for energy storage systems as the reason for this focus. LFP cells are considered more cost-effective than nickel-based batteries for this application. In stationary applications, weight and installation space play a lesser role, bringing other criteria to the forefront.  The company plans to increase its global production capacity for energy storage batteries to over 60 GWh this year. Over 80 percent of this capacity is expected to be located in North America. Source:https://www.ultiumcell.com/newsroom/latest-news/2026/03/17/Ultium-Cells-Spring-Hill-Diversifies-Production-with-LFP-Batteries-for-Energy-Storage-Systems

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LG Energy Solution Vertech and Qcells Sign Battery Deal for 5 GWh

The Korean battery manufacturer LG Energy Solution Vertech and the South Korean photovoltaic manufacturer Qcells have announced a multi-year agreement for battery storage with a total capacity of five gigawatt hours in the U.S. The deal covers lithium-ion energy storage systems for utility-scale projects. Implementation is planned for Qcells’ EPC projects between 2028 and 2030. Additionally, LG Energy Solution Vertech will provide lifecycle services for the installed systems. In May 2024, Qcells signed battery purchase agreements with LG Energy Solution Vertech for 4.8 gigawatt hours. The new agreement doubles the secured volume. The systems are based on containerized lithium-ion solutions with LFP cells. According to LG Energy Solution, these cells are manufactured in U.S. plants, including one in Holland, Michigan. LG Energy Solution produces up to 16.5 gigawatt hours of storage cells there per year. By the end of 2026, the company expects to increase capacity in North America to around 50 gigawatt hours. Source:https://news.lgensol.com/company-news/press-releases/4563/

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