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Elestor electricity storage company receives €30 million investment

Innovation News Network

Elestor has secured a €30 million investment from a consortium spearheaded by Norwegian energy giant Equinor's corporate venture capital arm. The post Elestor electricity storage company receives €30 million investment appeared first on Innovation News Network.

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ENGIE New Ventures increases investment in 2nd-life battery company Connected Energy

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ENGIE New Ventures, the corporate venture fund of ENGIE, is participating in a new round of investment to further the development of Connected Energy. Based in the United Kingdom, Connected Energy uses end-of-life EV batteries to create energy storage systems.

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Mitsubishi joins PSA and other French partners in second-life batteries demonstration

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Mitsubishi Motors Corporation (MMC) and Mitsubishi Corporation (MC) announced the launch of a joint demonstration project for utilizing used lithium-ion batteries from electric-powered vehicles. Low voltage (48 Volts) Energy Storage System use of new automotive batteries.

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Nissan and 4R Energy develop new EV charging system combining solar and Li-ion batteries

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and 4R Energy Corporation, a joint venture established by Nissan and Sumitomo Corporation in September 2010 to explore second-life applications for automotive battery packs ( earlier post ), have developed a charging system for electric vehicles that combines a solar power generation system with high-capacity lithium-ion batteries.

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Liquid metal battery company Ambri raises $35M in Series C

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Ambri, developer of Liquid Metal Battery grid-scale energy storage technology, closed a $35-million Series C equity financing. The energy is stored in the liquid metals that want to react with one another but can do so only by transferring ions across the electrolyte, which results in the flow of electric current out of the battery.

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Liquid Metal Battery Corp secures patent rights from MIT

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Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications, has secured the rights to key patent technology from MIT. Sadoway and Bradwell, along with Dr. Luis Ortiz, are founders of LMBC.

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Swedish researchers explore use of carbon fiber as active electrode in structural battery for electric vehicles

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Woven carbon fiber can act as an electrode for lithium ion batteries. Researchers in Sweden are exploring the use of carbon fiber as an active electrode in a multifunctional structural Li-ion battery in an electric car; i.e., electrical storage is incorporated into the body of the car. In this €3.4-million