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Toyota Launches Large-capacity Sweep Energy Storage System from Reused Electrified Vehicle Batteries Connected to the Electrical Power Grid

Electric Cars Report

and Toyota Motor Corporation announced the construction and launch of the world’s first, according to Toyota, large-capacity Sweep Energy Storage System. The system was built using batteries reclaimed from electrified vehicles (HEV, PHEV, BEV, and FCEV) and is connected to the consumer electrical power grid.

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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.

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DOE Awarding $620M for Smart Grid Demonstration and Energy Storage Projects

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The US Department of Energy is awarding $620 million for projects around the country to demonstrate advanced Smart Grid technologies and integrated systems. Smart grid regional demonstrations involving plug-in vehicles include (ranked by DOE funding): Columbus Southern Power Company (doing business as AEP Ohio).

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Toshiba to supply Lithium-titanate battery for 2MW energy storage system project in UK; 1MWh SCiB

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Toshiba Corporation will supply the battery for the United Kingdom’s first 2MW scale lithium-titanate battery based Energy Storage System (ESS) to support grid management. The ESS will be connected to the 11kV grid at Western Power Distribution’s Willenhall primary substation, near Wolverhampton in the West Midlands.

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Siemens and AES to form global energy storage technology joint venture: Fluence

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Siemens AG and The AES Corporation are forming a new global energy storage technology and services company under the name Fluence. The joint venture will bring together AES’ experience deploying energy storage in seven countries with Siemens’ energy technology leadership and its global sales presence in more than 160 countries.

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A123 Systems to supply Li-ion energy storage system to Dongfang Electric Corporation for evaluation for wind power solutions

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Li-ion battery manufacturer A123 Systems will supply a 500kW Li-ion energy storage solution to Dongfang Electric Corporation (DEC), the third largest manufacturer of wind turbines in the People’s Republic of China and the country’s largest exporter of power equipment.

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V2X company Fermata Energy raises $40M in recent round

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Fermata Energy, a vehicle-to-everything (V2X) technology services provider, recently raised $40 million to accelerate the company’s growth with investment from new partners, including funds managed by global investment firm Carlyle and Verizon Ventures.

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