Seoul: LG Group Chairman Koo Kwang-mo has called for efforts to bolster the power infrastructure business to meet rising energy demand from the artificial intelligence (AI) industry during his visit to the United States this week, the conglomerate said Thursday. Koo visited the headquarters of LG Energy Solution Vertech, a wholly owned U.S. arm of LG Energy Solution Ltd. based in Massachusetts, on Monday (U.S. time), as the South Korean battery maker aims to expand its presence in the North American energy storage system (ESS) market, according to LG.
According to Yonhap News Agency, LG Energy Solution Vertech specializes in system integration, focusing on designing and managing ESS solutions. "We need to build a business foundation that can withstand any external conditions," Koo was quoted as saying during the visit. "We need to establish a leading market position by offering integrated, high-value solutions beyond simply supplying ESS batteries," he added.
Koo's remarks came amid growing energy demand from AI data centers, with ESS playing a critical role in ensuring stable power supply for high-performance computing systems. According to LG Group, the global ESS market reached 300 gigawatt-hours (GWh) in 2025 in terms of capacity and is expected to grow to 750 GWh by 2030.
LG Energy Solution currently operates five production bases in North America, including one in Canada, that produce pouch-type lithium iron phosphate (LFP) batteries. Following his trip to the U.S., Koo visited Brazil to discuss strategies for the Central and South American markets with the group's Brazilian production affiliate, the conglomerate said.
LG Electronics Co. is currently building a refrigerator production line in southern Brazil that will begin operations in July, which is expected to help the tech giant address import and tariff regulations in the region.