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Tesla strikes $4.3B battery supply deal with LG Energy

South Korea's LG Energy Solution signs $4.3 billion battery supply deal with undisclosed party

LG Energy Solution has announced a $4.3 billion contract to supply lithium iron phosphate batteries to an undisclosed customer.

Reuters · 7h

Exclusive: LG Energy Solution, Tesla sign $4.3 bln battery supply deal, source says

South Korean battery maker LG Energy Solution (LGES) has signed a $4.3 billion contract to supply Tesla with lithium iron phosphate (LFP) batteries for energy storage systems, a person familiar with the matter said on Wednesday.

MarketWatch · 58m

LG Energy Clinches $4.3 Billion Battery Deal With Tesla

LG Energy Solution on Wednesday said it signed a $4.3 billion contract to supply LFP batteries. The deal will run from August 2027 to July 2030 and includes an option to increase the volume and extend the duration for up to seven years,

EU to buy $750 billion worth of U.S. energy

The New York Times · 15h

Trump’s E.U. Trade Deal Comes With Impossible Energy Promises

The European Union pledged to buy billions of dollars’ worth of energy resources from the United States. Experts say that’s unrealistic and could hurt Europe’s climate goals.

CNBC on MSN · 13h

Trump's EU trade deal is based on massive energy purchases that are unlikely to materialize, analysts say

The EU has pledged to buy $750 billion of energy from the U.S. in exchange for a lower rate tariff rate in its trade deal, but analysts say this is unrealistic.

CBS News · 1d

EU to buy $750 billion worth of U.S. energy in new trade deal

The European Union will purchase $750 billion of U.S. energy under its new trade deal with the Trump administration. Mike Sommers, president and CEO of the American Petroleum Institute, joined "The Takeout" to discuss.

Spain's renewable energy company Cox interested in Iberdrola's Mexican assets

Spanish renewable energy and water company Cox is interested in buying Iberdrola's assets in Mexico, Chief Executive Nacho ...

Marketplace16h

Wind energy faces headwinds under Trump

To qualify for clean energy tax credits, the recent GOP tax bill requires new wind projects to start construction by July of ...

Why Your Energy Bill Is So High

With increased demand overwhelming the grid and climate change driving record heat, Americans' energy bills keep rising.

16h

Energy Transfer: Unmatched Mix Of Yield And Stability

Energy Transfer offers a compelling 7.45% forward yield, supported by a resilient, diversified business mix. Click here to ...

The low-energy Atlantic hurricane season could perk up in early August

AccuWeather forecasters are watching two areas within the Atlantic for tropical development at the start of August.

Geothermal Energy Is Heating Up. It’s Going to Need More Geologists.

The only renewable-energy source buoyed by the Trump administration is in short supply of scientific experts as the industry ...

16h

Californians Are Saying Goodbye to Power Outages and High Energy Bills with Latest Battery Tech

EcoFlow has empowered over five million users in 140 markets worldwide with its innovative technology. OCEAN Pro, however, is ...

13h

Ex-Millennium Trader Barclay Launches Energy-Focused Hedge Fund

A former Millennium Management LLC senior portfolio manager has launched an energy-focused hedge fund with the backing of New ...

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