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

Green Car Congress

Connected Energy’s E-STOR, a stationary energy storage technology that extends the life of electric vehicle batteries by 5-10 years, is deployed whenever flexible, modular and short or longer-term electricity storage systems are needed.

Connect 186
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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. captured at a Combined Heat and Power (CHP) plant.

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

Green Car Congress

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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Solar and Battery Companies Rattle Utility Powerhouses

Cars That Think

Analysts and power insiders sketch scenes including interconnected local renewable grids that draw on short-duration battery storage (including the small batteries in electric vehicles in a garage, models for which Tesla just happens to make) combined with multi-day storage for power generated by wind and solar.

Solar 110
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Total to acquire battery-maker Saft in US$1.1-billion deal

Green Car Congress

The offer values the company at nine times its 2015 reported EBITDA, which represents a significant control premium compared to recent valuation multiples in the battery industry. The combination of Saft and Total will enable Saft to become the Group’s spearhead in electricity storage.

Batteries 150
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Groupe Renault creating first European factory dedicated to the circular economy of mobility in Flins

Green Car Congress

The entity will thus offer a turnkey service for the sales network: optimized transport of vehicles, supply of spare parts (Re-Cycle Center), renovation, storage, production of photos and videos and their online availability. To meet this demand the division will work on developing new services (renewal, heavy repairs, etc.)

Economy 397
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Vattenfall contracts with BMW for up to 1,000 new 33 kWh Li-ion batteries this year for storage projects in wind farms

Green Car Congress

Pending on a final investment decision the largest battery storage will be built at the Vattenfall wind farm Pen y Cymoedd (230 MW) in South Wales—a 22 MW storage facility, which will help to support the stability of the country-wide power grid in the UK as part of the so-called EFR (Enhanced Frequency Response) service.

Wind 150