LG Energy Solution Vertech and Qcells Announce 5GWh Energy Storage Deal

By Global Infrastructure Sherpa · Feb 3, 2026

Partnership Energy StorageBattery Storage announced USA Feb 3, 2026

5 GWh

Capacity

LG Energy Solution Vertech and Qcells have announced a multi-year commitment to install energy storage for Qcells' development projects across the US. The agreement includes 5GWh of lithium-ion energy storage projects for utility-scale installations, as well as lifecycle services from LG Energy Solution Vertech. The partnership supports Qcells' engineering, procurement, and construction projects scheduled from 2028 to 2030 and secures energy storage systems that meet domestic content requirements. The companies highlighted the direct financial benefit of using domestic content, including support for US manufacturing jobs and the nation's supply chains for clean energy equipment.

Deal Analysis

LG Energy Solution Vertech and Qcells have announced a significant partnership involving a multi-year commitment to deploy 5 GWh of lithium-ion energy storage systems across Qcells' utility-scale development projects in the United States. This supply agreement, spanning from 2028 to 2030, includes lifecycle services from LG Energy Solution Vertech, ensuring long-term operational support for the deployed assets. The deal emphasizes the utilization of domestic content, aligning with incentives and policies aimed at bolstering US manufacturing and supply chains within the clean energy sector. This partnership is strategically important for both companies. It provides LG Energy Solution Vertech with a secured pipeline for its energy storage solutions and lifecycle services, while Qcells gains access to a reliable supply of energy storage systems that meet domestic content requirements for its expanding portfolio of projects. The focus on domestic content is likely driven by the financial benefits and policy support available for projects utilizing US-made components, further enhancing the economic viability of these installations.

5 GWh of lithium-ion energy storage capacity to be deployed.
Multi-year agreement spanning from 2028 to 2030.
Focus on domestic content to leverage available incentives.
Involves two major players: LG Energy Solution Vertech (supplier) and Qcells (developer).

Market Context: The energy storage market in North America, particularly in the United States, is experiencing rapid growth driven by increasing renewable energy deployment, declining battery costs, and supportive government policies. Utility-scale battery storage is becoming increasingly crucial for grid stability and reliability as intermittent renewable energy sources like solar and wind gain prominence.