He stated, "We believe that our journey here will speed up clean energy transition in the U.S." The global ESS market is witnessing remarkable expansion, driven by innovative and sustainable energy policies. In the North American market, the energy research firm Wood Mackenzie predicts that it will grow from 12 GWh in 2022 to an impressive 103 GWh by 2030. LG Energy Solution's strategies for the U.S. market unveiled at RE+ 2023 include: Large-Scale ESS Battery Production in the U.S.: LG Energy Solution will establish a large-scale ESS battery production facility in Queen Creek, Arizona, with production slated to begin in the first quarter of 2026. This facility will have a production capacity of 16 GWh, with potential for further expansion based on demand. Localized Supply Chain for IRA Benefit Eligibility: LG Energy Solution is committed to localizing the entire supply chain, making its products IRA (Investment Tax Credit) compliant.