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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.

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Southern California Edison to buy 261 MW of energy storage projects; largest grid-connected storage purchase in US

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In this solicitation, SCE received more than 1,800 final offers and, for the first time, a wide range of resource types were evaluated in a head-to-head competition to meet a specific reliability objective. —Janice Lin, Executive Director of the California Energy Storage Alliance (CESA). Ice Energy Holdings, Inc.

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Audi involved in EEBUS standard for intelligent connection of EVs and buildings

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At the “Plugfest E-Mobility” at the Audi plant in Brussels, developers are testing cross-industry compatibility before the EEBUS standard for energy communication is introduced in February. The electric car will play an important role as a power consumer in the digital energy world. Audi offers various solutions for charging at home.

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Connected Energy and Renault to collaborate on energy storage and EV charging technology; second-life batteries in E-STOR

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Renault and distributed energy storage company Connected Energy are partnering to develop sustainable and efficient ways of using electric vehicle batteries at the end of their useable in-vehicle life in order to supply innovative and more affordable vehicle charging solutions. Connected Energy Ltd.

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Connected Energy leads research collaboration to extend value-chain of second-life EV batteries

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Connected Energy , a UK provider of site-integrated energy storage solutions, is heading a £1.3-million Connected Energy is based in Newcastle upon Tyne with a technical center near Norwich. Connected Energy is based in Newcastle upon Tyne with a technical center near Norwich. million (US$1.7-million)

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Groupe Renault, Connected Energy install EV charging with 2nd-life batteries at highway rest areas

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UK-based Connected Energy and Groupe Renault have installed two quick-charge stations based on Connected Energy’s E-STOR energy storage technology on highways in Belgium and Germany. The E-STOR technology developed by Connected Energy uses second-life batteries from Renault electric vehicles.

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IHS: late 2015 pipeline growth signals impending rise in global energy storage market

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Battery cost reductions, government funding programs and utility tenders led to a 45% increase in the global energy storage pipeline in the fourth quarter (Q4) of 2015 compared to the previous quarter. Planned storage installations in the United States will make up nearly half (45%) of planned installations, followed by Japan at 20%.