SentinelSource.com
Energy Solution Releases 2026 Third-Quarter Financial Results
xCruzo Brief
LG Energy Solution reported its 2026 third-quarter results, highlighting growth in energy storage systems (ESS) alongside progress in localized production and supply-chain capabilities. In the quarter, the company posted KRW 9.6 trillion in consolidated revenue and KRW 756 billion in operating profit, according to a Nov. 2, 2026 announcement from Seoul, South Korea. The release says the firm secured a new BTM BESS project and increased volumes for high-voltage mid-nickel Gen2 products. Looking ahead, LG Energy Solution targets more than 70 GWh of ESS battery capacity and over 20 GWh of cylindrical battery capacity in North America by the end of 2027.
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