Remove Companies Remove Electrical Storage Remove Global Remove Power Storage
article thumbnail

Rolls-Royce takes majority holding in power storage specialist Qinous; storage for microgrid activities

Green Car Congress

majority stake in Berlin-based electricity storage specialist Qinous GmbH. The Group acquired the shareholdings of all other current financial investors, including that of investment holdings company IBB Beteiligungsgesellschaft mbH (Berlin). —Andreas Schell, CEO of Rolls-Royce Power Systems Division.

article thumbnail

The Essential Guide to EV Smart Charging and Smart Energy Management

Driivz

The energy from the EV batteries is available to the electric grid to serve peak needs, with the vehicles recharging during non-peak hours. Using EVs as decentralized electric storage resources, or batteries on wheels, minimizes the need for capital investments in the grid to support ever-increasing demand, while lowering operating costs.