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

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

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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 megawatt-hours.

Utah 261
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Solar and Battery Companies Rattle Utility Powerhouses

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All eyes these days may be on Elon Musk's space venture—which has just put people in orbit —but here on Earth you can now get your monthly electric bill courtesy of a different Musk enterprise. Tesla and its partner Octopus Energy Germany recently rolled out retail utility services in two large German states. kWh battery wall unit.

Solar 114
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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.

Clean 334
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Volkswagen commissions fast-charging park with 570 kWh of second-life MEB cell modules

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At the Zwickau vehicle plant, Volkswagen commissioned the first fast-charging park in Saxony supplied with energy largely from a power storage container (PSC). The PSC is an electricity storage unit and consists of 96 cell modules with a net capacity of 570 kWh. 4 and have now been given a second purpose.

Charging 334
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Thermal Energy Storage Is No Longer Just Hot Air

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

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Seven companies—Tokyo Electric Power Company Holdings, Inc. TEPCO); TEPCO Energy Partner, Inc.; Japan is promoting the adoption and expansion of renewable energy sources as a measure to reduce greenhouse gases. TEPCO Power Grid, Inc.; Hitachi Systems Power Service, Ltd.; and Hitachi Solutions, Ltd.—have

Japan 218