LG Energy Solution, a Seoul-based manufacturer of advanced lithium-ion batteries, and Vistra Corp. celebrated the completion of the 400MW/1.6 GWh Vistra Moss Landing Energy Storage Facility in Monterey County, CA, on August 19. Representatives from California ISO, Pacific Gas and Electric Company, Vistra, Burns & McDonnell and LG Energy Solution, as well as federal, state and local elected officials and business leaders attended the event as guests and speakers for a ribbon-cutting ceremony, news conference, and site tours.
Moss Landing is a flagship project in which Vistra is developing advanced energy storage capacity, for which LG Energy Solution has provided the batteries for the first 400MW/1.6 GWh of capacity using its Tansportable Rack (TR1300) technology. The project is also the world's largest lithium-ion battery storage project, and LG Energy Solution's product development and effective on-site support reduced installation time and costs, while strengthening customer value.
The Moss Landing project will help enable the transformation of California's energy system to more clean renewable resources, reducing greenhouse gas emissions, while enhancing reliability of the power grid. With the cooperation between LG Energy Solution and Vistra, emissions-free electricity is being supplied to 300,000 households when it is needed the most.
"LG Energy Solution's innovative battery technology and commitment to this project played an important role in successfully building the Moss Landing Energy Storage Facility," stated Claudia Morrow, Vistra's SVP of development and strategy, in the press release. "We share a goal of facilitating a nationwide transition to zero-emission energy and, as more intermittent renewables come online, battery projects like this play a vital role in building a more reliable grid."
"As the California blackouts of August 2020 and heat waves in the West Coast gain national and even global attention, the role of battery energy storage in supplying energy and ensuring quality control becomes even more important to us as well," added Youngjoon Shin, LG Energy Solution's SVP of ESS business. "Based on our timely experience with the Moss Landing Energy Storage Facility, LG Energy Solution will act as a solutions partner for the expansion of battery energy storage throughout the United States, further contributing to renewable energy for the climate."
Meanwhile, LG Energy Solution recently announced their ESG vision to become a leading eco-friendly company. Under the vision "We CHARGE towards a better future," LG Energy Solution aims to achieve carbon neutrality by 2050, transitioning all business operations to RE100 by 2030 and establishing virtual circular value chain for resources by 2025.