Energy Storage News 4 February 2026

LG Energy Solution targets 50% share of US energy storage market in 2026

LG Energy Solution targets 50% share of US energy storage market in 2026

Why It Matters for ITAD

Market movements like this can signal shifts in demand for ITAD services. New technologies may create opportunities or challenges for equipment processing.

LG Energy Solution will keep global battery cell production at around 300GWh in 2026, while increasing its proportion of supply for energy storage system (ESS) applications.

Key Takeaways

  • LG Energy Solution targets 50% share of US energy storage market in 2026.
  • LG Energy Solution will keep global battery cell production at around 300GWh in 2026, while increasing its proportion of supply for energy storage system (ESS) applications.

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