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Volvo Energy invests $4.9M in Connected Energy for second-life battery business; 10% stake

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In its mission to support and secure an attractive and sustainable circular business model for batteries, Volvo Energy is investing approximately SEK 50 million (US$4.9 million) for a 10% stake in the UK-based second-life battery energy storage specialist Connected Energy. million) round.

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Volvo partnership will recycle EV batteries into energy storage

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One such company includes Volvo, which has announced a partnership to recycle old EV batteries into new energy storage systems. Volvo is partnering with battery recycler Connected Energy to give EV batteries a second life as battery energy storage systems (BESS), as detailed in a press release on Wednesday.

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Hitachi, Mitsubishi Motors and ENGIE testing plug-in vehicles as renewable energy storage for office buildings

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Hitachi Europe Ltd., Mitsubishi Motors and ENGIE are partnered in a project to explore the potential for electric vehicles to act as a means of energy storage for an office building. This energy can then be discharged back into the grid when appropriate. kW, kWh and VAR.

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Opinion: Reinventing fuel-based power for a more secure and resilient grid

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With battery storage able to provide a unique role in balancing a renewable electricity grid, Toby Gill, CEO of Intelligent Power Generation, asks could innovations in green hydrogen and biofuel technologies contribute to a more optimized and economical energy mix? Our grid is changing, and so must the way we operate it.

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UPS-led SEUL consortium switches on smart-grid fleet charging solution in London; maxing out on EVs without expensive grid upgrades

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A UPS-led consortium has deployed new smart-grid charging technology in London that overcomes the challenge of simultaneously recharging an entire fleet of electric vehicles (EVs) without the need for the expensive upgrade to the power supply grid. —Peter Harris, director of sustainability, UPS Europe.

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ABB, AFC Energy to develop high power EV charging solution for grid-constrained locations; fuel cells

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ABB and AFC Energy are partnering to create the next generation of high power sustainable electric vehicle (EV) charging solutions for grid-constrained locations. AFC Energy is a leading provider of hydrogen power generation technology, which can provide clean electricity for on- and off-grid applications.

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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.