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

Green Car Congress

It is also matched by R&D grant from Innovate UK as part of the ENGIE and UKRI Clean Growth Innovation Fund. The aggregated battery systems can help stabilize the existing electricity grid or be used to build autonomous mini-grids. —Matthew Lumsden, CEO of Connected Energy.

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Utilities Are Taking an EV-industry Leadership Role

Driivz

With the increasing demand for EV charging, utilities are directly addressing energy management issues head on with Smart Energy Management – ensuring that EV charging during peak demand does not cause long-term supply and infrastructure issues. In Asheville and Greensboro, North Carolina, they have provided grants for electric bus charging.