SEOUL, South Korea, April 2, 2026 /PRNewswire/ — Kwang Mo Koo, Chairman and CEO of LG Corp., recently visited the United States to review the Group’s future growth strategies, focusing on energy infrastructure as a backbone of the AI era.
The visit reflects Chairman Koo’s commitment to securing a proactive lead in the Energy Storage System (ESS) market, which has emerged as a critical infrastructure component due to the rapid growth of AI industries. During his tour, Koo called for the pre-emptive acquisition of market leadership in energy infrastructure to keep pace with the surge of AI data centers and physical AI.
On March 30, Chairman Koo visited LG Energy Solution Vertech, a subsidiary specializing in ESS System Integration located in Westborough, Massachusetts.
“We must establish a resilient business foundation that remains unshaken by any external environment,” Koo stated during the visit. “Beyond simply supplying ESS battery hardware, we must enhance our integrated solution capabilities to provide high value-add to our customers, securing an overwhelming position to lead the market.”
His remarks underscore that as demand for batteries skyrockets—driven by AI data centers and physical AI—the ability to combine hardware with software-driven integrated solutions will become a core competitive advantage.
LG aims to achieve qualitative growth in the battery business by pairing its world-class manufacturing competitiveness with software-based operation and management expertise, specifically targeting the energy infrastructure market of the AI era.
The ESS market is experiencing explosive growth due to the expansion of AI data centers, industrial electrification, and the transition to renewable energy. In high-performance computing environments like AI data centers, ESS has evolved beyond simple storage to become a vital infrastructure for power load optimization and supply stability.
According to energy market research firms, the global ESS market is projected to grow nearly 2.5 times, from approximately 300GWh last year to 750GWh by 2030.
LG is responding proactively to these market shifts. LG Energy Solution has introduced Lithium Iron Phosphate (LFP) batteries at the opportune time, aligning with their emergence as the global mainstream for ESS. Furthermore, the company is converting five of its North American production bases into ESS-dedicated lines to meet surging local demand. Currently, LG Energy Solution is the only company producing and supplying ESS batteries in North America.
The synergy with Vertech is also being strengthened. Vertech possesses comprehensive SI capabilities, including ESS design, installation, maintenance, and software-based operational management. This allows LG to provide a “one-stop shop” for customers, covering everything from battery supply to installation and long-term technical support.
About LG
LG is a technology innovator and global leader in consumer electronics, advanced materials, and automotive components. Founded in 1947, LG was a driving force behind South Korea’s modernization. The company produced South Korea’s first radio and television sets and today is a global leader in organic light-emitting displays (OLED), electric car batteries, and advanced industrial plastics. The LG group of companies operates in more than 60 countries that together generate USD 140 billion in annual revenue. LG Corporation (LG Corp.) is the holding company for industry-leading LG subsidiaries, such as LG Electronics, LG Display, LG Energy Solution, LG Chem, to name a few. For more information about the LG group of companies, visit lgcorp.com.
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SOURCE LG
