article thumbnail

ŠKODA collaborates with IBG ?esko on second-life battery energy storage system; up to 328 kWh

Green Car Congress

ŠKODA AUTO, a subsidiary of the Volkswagen Group, is introducing a smart energy storage system using second-life batteries from electric vehicles. Following a successful pilot project in Prague, the energy storage units are now available to ŠKODA contract dealers. In partnership with the Czech technology company IBG ?esko,

article thumbnail

UP Catalyst offering carbon-negative graphite for European battery supply chain

Green Car Congress

UP Catalyst , an Estonia-based company developing a method to produce sustainable carbon nanomaterials and graphite from CO 2 ( earlier post ), says that it can produce carbon-negative graphite, consuming 3.7 Whether it is natural or fossil fuel-derived synthetic graphite, the estimated carbon footprint it accounts for is 5.3

Carbon 186
article thumbnail

Volvo Energy invests $4.9M in Connected Energy for second-life battery business; 10% stake

Green Car Congress

In its mission to support and secure an attractive and sustainable circular business model for batteries, Volvo Energy is investing approximately SEK 50 million (US$4.9 million) for a 10% stake in the UK-based second-life battery energy storage specialist Connected Energy. million) round.

Volvo 273
article thumbnail

Synhelion starts construction of DAWN demo plant to produce solar fuels

Green Car Congress

Located in Jülich, Germany, the facility will demonstrate the entire process from concentrating sunlight to producing synthetic liquid fuel on an industrial scale. The precise mirror field control technology was developed and installed by Synhelion Germany. Earlier post.)

Solar 435
article thumbnail

Air Liquide takes 18.6% stake in Hydrogenics; “strategic investment” in carbon-free hydrogen

Green Car Congress

million, reaffirms its long-term commitment to the hydrogen energy markets and its ambition to be a major player in the supply of carbon-free hydrogen, particularly for industry and mobility markets. Water electrolysis is one of the key technologies to accelerate the emergence of hydrogen as a sustainable energy carrier.

Hydrogen 207
article thumbnail

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

Green Car Congress

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. Background.

Clean 334
article thumbnail

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

Green Car Congress

Based in the United Kingdom, Connected Energy uses end-of-life EV batteries to create energy storage systems. The round welcomes Low Carbon Innovation Fund 2 alongside existing investors ENGIE New Ventures, Sumitomo and Macquarie, among others. —Matthew Lumsden, CEO of Connected Energy.

Connect 186