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

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Based in the United Kingdom, Connected Energy uses end-of-life EV batteries to create energy storage systems. These combine as many batteries as are needed for tailor-made solutions with capacity ranging from less than 100 kilowatt hours up to 15 megawatt hours or more.

Connect 186
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Japan V2G demonstrator project using EVs as virtual power plant resource; METI funding

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Seven companies—Tokyo Electric Power Company Holdings, Inc. TEPCO Power Grid, Inc.; Hitachi Systems Power Service, Ltd.; Stabilizing the power grid requires the use of thermal power but this incurs costs in owning and maintaining such power generating plants. TEPCO); TEPCO Energy Partner, Inc.;

Japan 218
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EU investing €1.8B in 17 large-scale clean tech projects

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Grants will be disbursed from the Innovation Fund to help bring technologies to the market in energy-intensive industries, hydrogen, renewable energy, carbon capture and storage infrastructure, and manufacturing of key components for energy storage and renewables. captured at a Combined Heat and Power (CHP) plant.

Clean 334
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ALTe Powertrain and Inmatech form JV for hybrid electric storage devices; Li-ion cells, supercaps, and control electronics

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ALTe Powertrain Technologies, the developer of a Range Extended Electric Powertrain used to repower light commercial vehicles up to 26,000 GVW ( earlier post ), has signed a Letter of Intent (LOI) to form a joint venture with Inmatech, Inc. , The applications will range from automotive batteries to stationary grid power leveling devices.

Li-ion 218
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California Study to Explore Repurposing EV Batteries for Household Energy Storage

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The California Center for Sustainable Energy (CCSE) will lead a joint research study of how the useful lifespan of electric vehicle batteries could be extended by repurposing them as household electric storage devices with a $992,000 grant from the University of California. Flux Power of Vista, Calif.;

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STEAG investing €100M in a total of 90 MW of grid energy storage systems with LG Chem Li-ion batteries

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Six 15 MW systems—each containing five 3 MW units—will be put into service at six STEAG German power plant sites in Herne, Lünen and Duisburg-Walsum (all in North Rhine-Westphalia) and in Bexbach, Fenne and Weiher (all in the Saarland). the requirement of being capable of providing primary control power for at least 30 minutes.

Li-ion 150
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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.

Companies 210