LG Energy Solution buys former storage market leader NEC

BDA Partners, an Asian financial advisor, has announced that LG Energy Solution (formerly LG Chem) has acquired NEC Energy Solutions in entirety. NEC ES, which formed in the United States in 2014 after an acquisition of A123 Systems’ energy storage business, was once a significant energy storage player in the Americas, Europe and Asia. Its…

The post LG Energy Solution buys former storage market leader NEC appeared first on Solar Power World.

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