Samsung SDI Lands $1.36B Deal for US Energy Storage Batteries

Samsung SDI America has signed a contract worth more than $1.36 billion to provide prismatic LFP batteries to a US energy infrastructure firm. Deliveries start in 2027 and span three years, targeting the expanding market for energy storage systems that support data centers and grid operations.

Technology Pivot

This agreement highlights Samsung SDI’s move from NCA batteries, used mainly in electric vehicles, to LFP cells for stationary applications. LFP offers better safety, longer life, and lower costs, ideal for grid-scale setups that store renewable power and maintain stability. The shift addresses rising demand as US subsidies for EV batteries phase out, prompting firms to repurpose lines for ESS products.

Manufacturing Strategy

Production will occur at Samsung SDI’s US facility by adapting current equipment, strengthening local supply chains. This builds on the company’s US ties, including a joint EV battery plant with Stellantis and another with General Motors. These partnerships show Samsung SDI’s focus on North American energy needs, from mobility to infrastructure.

Market Expansion

The US energy storage market is set to grow sharply, with installed capacity expected to rise from about 50 GW in 2025 to over 130 GW by 2030. This expansion, driven by solar and wind integration, positions Samsung SDI to gain ground in a sector projected to triple in battery capacity. Analysts forecast the US battery ESS market to hit $4.4 billion by 2030, with a 30.5% annual growth rate.

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