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    SK On signs battery supply deal for energy storage system use with NeoVolta Power

    Picture of SK Innovation logoSK Innovation
    31/08/2026 24:03
    SK On signs battery supply deal for energy storage system use with NeoVolta Power
    SEOUL, Aug 31 (Reuters) - South Korean battery maker SK On said on Monday it has signed a deal to supply U.S. firm NeoVolta Power with 9 gigawatt-hours (GWh) of lithium iron phosphate (LFP) battery cells for energy storage system use over five years from 2027.
    The cells will be produced at SK On's factory in the U.S. state of Georgia, SK On said in a statement. 
    SK On did not disclose the value of the deal.

     (Reporting by Heekyong Yang; Editing by Christian Schmollinger)
     ((Heekyong.Yang@thomsonreuters.com;))

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