On May 26, LG Energy Solution's U.S. subsidiary, LG Energy Solution Vertech, signed a memorandum of understanding (MOU) with OCI Energy LLC and CPS Energy to jointly develop the Alamo City energy storage system project in Texas, USA.
The Alamo City energy storage project will have a scale of 120MW/480MWh and is located in Bexar County, Texas. Once operational, it will enhance the grid's ability to respond to peak electricity demand and improve the overall stability of the Electric Reliability Council of Texas (ERCOT) grid.
Under the MOU, LG Energy Solution Vertech will provide battery energy storage systems and energy management technologies to the project developer, OCI Energy. CPS Energy, as the purchaser, will commit to acquiring energy storage capacity through an agreement negotiated with OCI Energy. This will further solidify CPS Energy's leadership in sustainable energy integration in Texas. OCI Energy will be responsible for the project's development, financing, construction, operation, maintenance, and ownership. If the final agreement and approvals proceed smoothly, the project is expected to enter commercial operation by 2027.
Source：https://news.bjx.com.cn/html/20250529/1443871.shtml