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

Green Car Congress

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

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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. Moreover, it is possible to connect solar panels and external storage directly to the recharger, allowing a more efficient electricity supply to buildings.

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Rio Tinto to build first solar plant in Western Australia to power iron ore mine; 12 MWh Li-ion system

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Rio Tinto approved a $98-million investment in a new solar plant at the new Koodaideri mine in the Pilbara, Australia, as well as a lithium-ion battery energy storage system to help power its entire Pilbara power network. billion Koodaideri mine was approved in November last year with construction commencing earlier this year.

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California roadmap for grid-connected energy storage technology

Green Car Congress

The California Independent System Operator (ISO), the California Public Utilities Commission (CPUC) and the California Energy Commission (CEC) unveiled a comprehensive roadmap to assess the current market environment and regulatory policies for connecting new energy storage technology to the state’s power grid.

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Jaguar Land Rover partners with Pramac to create charging unit using second-life Jaguar I-PACE batteries

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Jaguar Land Rover has partnered with Pramac , a global leader in the energy sector, to develop a portable zero-emission energy storage unit powered by second-life Jaguar I-PACE batteries. Pramac directly reuses up to 85% of the vehicle battery supplied by Jaguar Land Rover within the storage unit, including modules and wiring.

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India’s first grid-connected li-ion battery-based energy storage system

Electric Vehicles India

India’s first grid-connected li-ion battery-based energy storage system. India’s first grid-connected li-ion battery. MWh battery energy storage system will provide a better solution of power backup to preferential consumers in case of a grid outage. Tata Power .

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ABB and BYD enter strategic global collaboration on energy storage

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announced today a strategic global collaboration to develop new solutions for energy storage, building on their complementary strengths. The scope of the collaboration focuses on the following applications: Grid-connected energy storage. Solar energy. Micro-grid applications. Marine applications.