Overview

• SK On will supply containerized energy storage units using 1 GWh LFP batteries to Flatiron Energy Development starting in the second half of 2026.
• The deal includes rights of first offer on Flatiron projects totaling an estimated 6.2 GWh through 2030.
• Market watchers estimate the contract value at about 2 trillion won, as SK On did not disclose pricing.
• SK On says LFP battery mass production will begin at SK Battery America in Georgia in the second half of next year.
• The arrangement marks SK On’s first large-scale ESS contract in the United States since entering the market in 2022, according to the company.