ALEXANDRIA, Va., Dec. 16 -- United States Patent no. 12,500,432, issued on Dec. 16, was assigned to LG ENERGY SOLUTION LTD. (Seoul, South Korea).

"Energy storage system including newly installed battery racks and method for controlling the same" was invented by Jongcheol Kim (Daejeon, South Korea), Byeongho Mun (Daejeon, South Korea), Inho Jung (Daejeon, South Korea) and Hyeungil Jo (Daejeon, South Korea).

According to the abstract* released by the U.S. Patent & Trademark Office: "An energy storage system can include a plurality of first battery racks, a plurality of battery protection units configured to manage the plurality of first battery racks respectively, a plurality of second battery racks, a plurality of DC/DC converters configur...