Market Chatter: SK E&S to Launch Commercial Operations of ESS in Texas in H2 2024

MT Newswires Live07-05

SK Inc. (KRX:034730) subsidiary SK E&S will commence commercial activities of an energy storage system (ESS) in Texas in the July-December period, Pulse News reported Thursday.

Recently, the company concluded the installation of a 200-megawatt ESS in Texas' Denton County and Grimes County, and has initiated trial operations, the report said.

SK E&S' US-based subsidiary Key Capture Energy (KCE) will oversee the operation of the ESS. KCE specializes in grid solutions, integrating ESS into the transmission and distribution network along with AI to ensure a reliable electricity supply, it said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price (KRW): ₩155000.00, Change: ₩+600.00, Percent Change: +0.39%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment