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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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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.

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Nissan developing new vehicle-to-home power system for LEAF in Japan, aiming for commercialization this fiscal year

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introduced a system which enables electricity to be supplied from the lithium-ion batteries installed in Nissan LEAF to ordinary households (i.e., Nissan will continue development and study how it can be fully aligned and connected with current power systems. Nissan Motor Co., vehicle-top-home).

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

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The stamping, injection and sheet metal activities, but also the available surface area (237 hectares, 67 of which are currently built), the network of suppliers, accessibility via road connections, and above all the excellence of the industrial operational system (standardisation, manufacturing 4.0,

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BMW i home energy storage system integrates 2nd-life i3 vehicle batteries

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The remarkable advantage for BMW customers in using BMW i3 batteries as a plug and play storage application is the ability to tap into an alternative resource for residential and commercial backup power, thus using renewable energy much more efficiently, and enabling additional revenues from the energy market. BMW i 360° Electric.

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GE and SCE unveil first battery-gas turbine hybrid system

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Further, California has committed to derive 50% of its electricity from renewable sources by 2030. The Hybrid EGT helps balance variable energy supply and demand, including during evening hours when the sun sets and solar power production falls while electricity usage surges as customers return home and turn on lights and appliances.

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How Smart EV Charging Will Help Promote Renewable Power Generation

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While fossil fuel generating capacity could be turned on and off relatively easily to match variations in electrical requirement, matching demand with a renewable-powered grid is far more difficult; the wind cannot be made to blow harder or the sun to shine brighter to match desired levels. The EV as a mobile electricity storage device.