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Tesla publishes Master Plan Part 3; $10.4T for a sustainable global energy economy

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During Tesla’s Investor Day held in March, Elon Musk touched on Tesla’s Master Plan Part 3, which outlines a proposed path to reach a sustainable global energy economy through end-use electrification and sustainable electricity generation and storage. Earlier post.)

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Volvo partnership will recycle EV batteries into energy storage

Teslarati

As the world transitions to sustainable transportation through electric vehicles (EVs), some are considering ways to reduce EV battery waste. One such company includes Volvo, which has announced a partnership to recycle old EV batteries into new energy storage systems.

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BNEF projects impact of COVID-19 on renewables, energy storage, EVs, etc.

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BloombergNEF has issued a research note highlighting some of the likely effects of the coronavirus COVID-19 outbreak over the next year on the transition to a clean economy: including renewable power, energy storage, electric vehicles, heating, cooling and the circular economy.

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TEPCO and Toyota develop stationary storage battery system using EV batteries

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(TEPCO HD) and Toyota Motor Corporation (Toyota) have developed a stationary storage battery system (1 MW output, 3 MWh capacity) that combines TEPCO’s operating technology and safety standards for stationary storage batteries and Toyota’s system technology for electrified vehicle storage batteries.

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Moment Energy and Mercedes-Benz Energy establish supply agreement for second-life batteries

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Canada-based Moment Energy, a start-up created by four Simon Fraser University alumni, has established a supply agreement with Mercedes-Benz Energy (MBE) for second-life electric vehicle batteries. Together with Moment Energy we will enable sustainable ESS-solutions for North America based on second-life batteries.

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SABIC acquires majority stake in carbon nanotube business for energy storage applications

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BDS produces and commercializes MOLECULAR REBAR, a proprietary technology of modified carbon nanotubes that offers potential for enhancing the performance of energy storage applications using lead-acid and lithium-ion batteries. BDS was founded in 2014 as a joint venture between SABIC Ventures US LLC and Molecular Rebar Design.

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LG Energy Solution hosting 3rd round of international competition to identify promising battery start-ups

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LG Energy Solution will host the LGES Battery Challenge 2022, an international competition to identify start-ups for potential investment and collaboration. Through the program, LGES is bringing together battery start-ups to keep pace with the fast-developing industry, as growing number of economies transition to renewable energy.