BEST Magazine
17 March 2026
Samsung SDI secures US$1bn ESS prismatic battery supply agreement in the US
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.
South Korean battery manufacturer Samsung SDI has signed a major supply agreement to provide prismatic energy storage system (ESS) batteries to a US energy company, as demand for grid-scale storage continues to grow in North America. The company said its US subsidiary, Samsung SDI America, has secured a contract worth around KRW 1.5 trillion (approximately…
Key Takeaways
- • Samsung SDI secures US$1bn ESS prismatic battery supply agreement in the US.