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LG Chem, Siemens plan closer cooperation on battery storage system

Mon, 11/24/2014 - 12:06 -- Gerry Woolf
LG Chem and Siemens plan cooperation

South Korea's LG Chem and Siemens have agreed to collaborate more closely on development and marketing of industrial battery energy storage systems (ESS).

The two companies signed a preliminary deal at Siemens' German headquarters in Erlangen, Bayern to cooperate on several major ESS projects over the next few years.

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