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Sumitomo installs first large-scale power system using used EV batteries

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Sumitomo Corporation has developed and installed the first large-scale power storage system which utilizes used batteries collected from electric vehicles. This commercial scale storage system, built on Yume-shima Island, Osaka, will begin operating in February 2014. Earlier post.)

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BMW i home energy storage system integrates 2nd-life i3 vehicle batteries

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This system can enable energy produced from solar panels to be used more efficiently. Following in-vehicle usage, the BMW i3 battery retains most of its original capacity, thus continuing to offer years of emissions free power storage and expanding the sustainability concept beyond the individual vehicle life.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 The increase reflected several influences, according to the report, including a boom in solar installations in China and Japan—totalling $74.9 of world electricity generation in 2014, compared to 8.5% billion), India ($7.4

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