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

Green Car Congress

ENGIE New Ventures, the corporate venture fund of ENGIE, is participating in a new round of investment to further the development of Connected Energy. Based in the United Kingdom, Connected Energy uses end-of-life EV batteries to create energy storage systems. —Matthew Lumsden, CEO of Connected Energy.

Connect 186
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Thermal Energy Storage Is No Longer Just Hot Air

Cars That Think

The shipping containers, which house a Frankenstein-like assortment of machine parts—motors repurposed from Volvo truck engines, giant tanks of compressed air, huge silos of piping hot sand—are produced by a company called Cheesecake Energy. Despite its name, Cheesecake Energy isn’t in the food business.

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Groupe Renault creating first European factory dedicated to the circular economy of mobility in Flins

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The implementation of this industrial and commercial ecosystem will take place gradually between 2021 and 2024, replacing the production of new vehicles. The parts and materials resulting from this activity will also enrich the activities of Factory VO, as well as Re-Energy and Re-Cycle.

Economy 397
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BMW i home energy storage system integrates 2nd-life i3 vehicle batteries

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BMW i announced a home stationary energy storage system solution integrating its BMW i3 vehicle battery at EVS 29 in Montréal. The concept announced at EVS29 is the first market-ready home storage system using a second-life automotive BMW i3 high-voltage battery integrated by BECK Automation (Würzburg, Germany).

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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. The EU is investing more than €1.8

Clean 334
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The Role of Power Utilities in Turning EVs into a Grid Asset – Part 2

Driivz

Part 1 of this two-part blog discusses the challenges facing electric utilities – both electricity generators and grid operators – with electric vehicle (EV) adoption coinciding with the electrification of buildings, heating, and industry. Balancing the load with managed smart EV charging.

Grid 52
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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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A three-year study by a team of researchers based at MIT has concluded that fundamental changes are needed in the US energy-innovation system. Neither the failure of global and US climate policy nor the emergence of other pressing issues changes the facts about climate and energy. Business as usual is unsustainable over the long run.