Seojin System Begins Full-Scale Supply of ESS to U.S. with 185.3 Billion KRW Contract

Seojin System announced on November 26 that it has signed a supply contract worth approximately 185.3 billion KRW with a global energy storage system (ESS) company.

This order represents a major contract equivalent to about 15.3% of Seojin System's sales from the previous year, with all ESS products destined for the United States. More than 90% of the supply will be produced and delivered from Seojin System’s newly established U.S. factory in Houston, Texas. According to the company, there had been no orders for North America since the beginning of this year due to tariff issues. However, as the production infrastructure in the U.S. has been completed and large-scale projects from client companies have rapidly resumed, Seojin System’s ESS supply to the U.S. market is accelerating again.

In particular, the products supplied in this contract are high-specification, medium- and large-scale ESS units designed for large-scale power grid infrastructure. These are premium models with higher unit prices compared to existing products. As a result, the contribution to sales is expected to be significant, and with the rapid recovery of previously delayed demand from the U.S., additional sales growth is also anticipated.

The U.S. market is considered the most promising and strategically important segment within the global ESS market. With the explosive expansion of the AI industry driving a surge in electricity demand, and big tech companies increasing their investments in large-scale data centers, the adoption of ESS has become an essential infrastructure to ensure power stability. Seojin System has responded proactively to these market changes by establishing a U.S. ESS manufacturing plant and securing a series of large-scale project orders, further accelerating its penetration of the North American ESS market.

A Seojin System representative stated, "At a time when ESS demand is soaring due to the spread of AI, this large-scale order we have secured once again proves our production capacity and product competitiveness in the North American market. We will actively respond to the growing ESS installation demand in North America, leveraging our global supply chain that spans both the United States and Vietnam."

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