Mundus Smart Energy, a subsidiary of Taiwan’s Lealea Group, is expanding into Japan’s high-voltage battery storage market with seven approved projects totaling 14MW. The installations span key economic zones including Tokyo, Kyushu, and Hokkaido. Two 2MW sites in Saitama Prefecture are scheduled to go online by the end of 2025, marking the company’s first operational assets in Japan.

As the memory chip market re-enters a favorable cycle, industry forecasts predict that Samsung Electronics and SK Hynix’s operating profits in 2025 could surge by 40% compared to previous predictions. Samsung’s operating profit is expected to reach KRW41 trillion (US$28 billion), returning to levels seen during its peak years. SK Hynix will likely achieve a historic high, with operating profits possibly reaching KRW29 trillion.

LG Energy Solution (LGES) has signed a battery supply deal with Polish utility Polska Grupa Energetyczna (PGE) to deliver lithium iron phosphate (LFP) batteries for a 1GWh energy storage system (ESS) project in northern Poland. Scheduled to go online in 2027, the facility is designed to boost renewable energy integration and stabilize the local power grid.