article thumbnail

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

Green Car Congress

Connected Energy’s E-STOR, a stationary energy storage technology that extends the life of electric vehicle batteries by 5-10 years, is deployed whenever flexible, modular and short or longer-term electricity storage systems are needed.

Connect 186
article thumbnail

4 companies jointly propose $8B green energy initiative for LA area; Wyoming wind, Utah storage, transmission

Green Car Congress

Four companies—Pathfinder Renewable Wind Energy, Magnum Energy, Dresser-Rand and Duke-American Transmission—have proposed a first-in-the-US, $8-billion green energy initiative that would bring large amounts of clean electricity to the Los Angeles area by 2023. million LA-area homes.

Utah 261
article thumbnail

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

Green Car Congress

The round was funded by new investors KLP Enterprises, the family office of Karen Pritzker and Michael Vlock, and Building Insurance Bern (GVB), the Swiss Insurance company, as well as existing investors, including Khosla Ventures, Bill Gates and the energy company Total.

Companies 210
article thumbnail

Impact Clean Power Technology unveils visualization of GigafactoryX; 4 GWh/year by 2027

Green Car Congress

The plant will also produce energy storage systems designed for the commercial power industry, including for large-scale electricity storage. The company teamtechnik Production Technology Poland is responsible for the supply and installation of the production line at GigafactoryX.

Clean 195
article thumbnail

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

Green Car Congress

Refineries (2 projects): In Norway, one project will build and operate the world’s first commercial-scale drop-in biofuel production facility to convert forestry waste into advanced second-generation biofuels and biochar. A project in Sweden will build a large-scale facility for the production of synthetic sustainable aviation fuel, using CO?

Clean 334
article thumbnail

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

Green Car Congress

Seven companies—Tokyo Electric Power Company Holdings, Inc. Commencing today, the project aims to build a vehicle-to-grid (V2G) system, and through this a business model that utilizes the electricity storage capabilities of multiple EV/PHEVs to regulate power demand and supply between the grid and electric vehicles.

Japan 218
article thumbnail

Sanyo To Build 30B Plant For Automotive Li-Ion Batteries

Green Car Congress

Sanyo Electric Co. will spend about ¥30 billion (US$314 million) to build an automotive lithium-ion battery plant. The company will also bolster output of nickel hydride batteries—its mainstay product—and invest several billion yen in the existing production line at a Sumoto factory, also in Hyogo Prefecture. Earlier post.).

Li-ion 150