LS Electric Breaks Ground on 120 Billion KRW UK ESS Construction Project

Groundbreaking Ceremony Held on the 9th in Botley, UK
Securing a Foothold to Enter the European Renewable Energy Market

LS Electric has broken ground on the Botley ESS (Energy Storage System) construction project in the UK, which will serve as a foothold for its entry into the European renewable energy market.

On the 9th (local time), LS Electric held a groundbreaking ceremony at the Botley ESS construction site in the UK, attended by about 50 project stakeholders including Kim Jong-woo, President of LS Electric Global·SE CIC (Company-In-Company), the company announced on the 12th.

In April, LS Electric won the contract for the Botley ESS construction project in the UK, with a total project cost of ?73.56 million (approximately 120 billion KRW). This is the largest overseas ESS project for LS Electric and is scheduled for completion in June next year. The project involves building a PCS (Power Conversion System) of 50MW and a battery ESS system with a capacity of 114MWh to supply electricity produced in the Botley area to the UK’s National Grid transmission network through the ESS system.

LS Electric announced that it held a groundbreaking ceremony for the Botley ESS construction project in the UK on the 9th (local time). The photo shows Kim Jong-woo, President of LS Electric (fourth from the left), and other project officials posing for a commemorative photo at the event. Photo by LS Electric

Based on its accumulated smart energy business capabilities both domestically and internationally, LS Electric will be responsible for the practical ESS construction and operation, including design, procurement, and construction (EPC), as well as integrated operation and maintenance (O&M). ESS is a system that stores electricity generated at power plants in storage devices and supplies power when needed, thereby improving the efficiency of electricity usage.

LS Electric plans to accelerate its strategy to target the rapidly growing European renewable energy market, starting with this UK ESS project. Leveraging renewable energy-related technologies such as the next-generation ESS platform MSSP developed to target the global industrial ESS market, along with overseas business capabilities secured in the US, Japan, and other countries, LS Electric expects to achieve visible results locally.

Kim Jong-woo, President of LS Electric, said, "We will do our best to successfully carry out the largest overseas ESS project and achieve meaningful results. As the demand for renewable energy is increasing in the UK and other parts of Europe, where the importance of ESS is gaining more attention, we will nurture this as a mid- to long-term strategic base by strengthening reliability and capabilities."

This content was produced with the assistance of AI translation services.