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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. —Joachim Rosenberg, President Volvo Energy.

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Revel, Fermata Energy, NineDot Energy launch first V2G system on NYC’s grid

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Revel, NineDot Energy and Fermata Energy announced that the first Vehicle to Grid (V2G) program connected to NYC’s grid is now live at Revel’s Red Hook, Brooklyn warehouse. The V2G system uses three Fermata Energy bidirectional chargers operating on a cloud-based platform. Photo Courtesy of Revel.

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EV Connect pilots first V2G charging project in the Midwest

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EV Connect, a California-based software-as-a-service company, is collaborating with the Indiana-based Battery Innovation Center (BIC) and Energy Systems Network (ESN) to deploy Indiana’s first large-scale Vehicle-to-Grid capable charging system to support school bus fleet, HD truck, and other customer segment applications.

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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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SwRI-led team achieves 20% improvement in vehicle fuel efficiency with connectivity, automation; ARPA-E NEXTCAR

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A team led by Southwest Research Institute has applied connectivity and automation to achieve a 20% improvement in efficiency on a 2017 Toyota Prius Prime. Vehicle connectivity and automation are already being used to effectively improve vehicle safety and driver convenience. Separately, the US Department of Energy has provided $3.2

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GM launches GM Energy business unit with Ultium Home, Ultium Commercial

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General Motors introduced Ultium Home and Ultium Commercial, which in combination with the existing Ultium Charge 360, create an ecosystem of energy management products and services that will be housed under a new business unit called GM Energy.

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NREL researchers evaluating blockchain for transactive energy applications

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Researchers at the National Renewable Energy Laboratory (NREL) are evaluating the use of blockchain for transactive energy using hardware in the laboratory’s Energy Systems Integration Facility (ESIF). Potential opportunities abound for the use of blockchain in the energy sector. Source: NREL.

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