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Volvo Buses in project researching use of second-life electric bus batteries to store solar energy

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Volvo Buses is participating in a research project in which used electric bus batteries are used as solar energy storage units. Batteries from electric bus route 55 in Gothenburg, Sweden are being used for solar energy storage in a second-life application. IRIS is a Light House project, financed by EU HORIZON 2020.

Store 273
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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

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The report indicates that “ the G7 will need to assist emerging market and developing countries in tackling their greater debt and finance constraints that have resulted from the pandemic, and embark on programmes of green recovery and transformation ”. The report says that $1.5-1.7

Global 170
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40 Tesla Megapacks replace WW2 turbojet generator in Belgium

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Tesla noted that the Deux-Acren project, which installed the Megapacks, is now one of the largest storage systems in Europe. “Megapack is quieter and supports the local electric grid with energy shifting and stabilizing services and seamless integration with more renewable sources,” Tesla said in its video.

Belgium 132
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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
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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. —Philippe Boisseau, President Total Gas & Power.

MIT 210
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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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The fact that German electricity prices are among the highest in Europe, despite relatively low wholesale prices, must serve as a warning signal ,” said IEA Executive Director Maria van der Hoeven as she presented the report, Energy Policies of IEA Countries – Germany 2013 Review. Electricity prices in comparison. Euro cents/kWh.

Germany 239
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MIT researchers conclude fundamental changes in the US energy-innovation system are needed to meet challenges of climate change and energy supply

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The build-up of greenhouse bases in the atmosphere continues unabated, and its environmental and human costs are mounting. What is needed now is a different focus for the debate, one with the potential to build public support over time. Business as usual is unsustainable over the long run. Innovation should become that focus.