Recently, LG Energy Solution announced a partnership with the U.S. subsidiary of Hanwha Solutions to supply energy storage batteries for the latter's Energy Storage System (ESS) projects. Both companies are leveraging their local production facilities in the United States to mitigate tariff uncertainties and capture opportunities in the North American clean energy market. According to the agreement, LG Energy Solution Vertech, a wholly-owned subsidiary of LG Energy Solution, has officially signed a contract with Hanwha Qcells USA to supply a total of 5 gigawatt-hours of lithium iron phosphate (LFP) energy storage batteries, with deliveries scheduled between 2028 and 2030. The energy storage batteries from LG Energy Solution will be produced at its factory in Michigan, while Hanwha Qcells will manufacture solar modules in Georgia, forming a localized "battery + photovoltaic" collaborative supply chain. LG Energy Solution stated that its U.S.-based production fully complies with the requirements of the Inflation Reduction Act, allowing its energy storage batteries to qualify for policy subsidies, effectively reducing risks associated with policy changes and enhancing market competitiveness. This collaboration not only represents a significant step in deepening the partnership between the two companies and building a long-term cooperative ecosystem but also contributes to ensuring stable power supply in the United States and supporting the development of local renewable energy. Currently, the demand for energy storage in North America continues to grow, making localized production a key factor for companies to compete compliantly and capture market share. The partnership between LG Energy Solution and Hanwha Qcells leverages their complementary strengths, further improving the layout of the North American clean energy supply chain and promoting the coordinated development of photovoltaics and energy storage.