article thumbnail

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

Green Car Congress

million) for a 10% stake in the UK-based second-life battery energy storage specialist Connected Energy. Together with Connected Energy, we will minimize the environmental impact of the batteries that have powered Volvo Group vehicles. The investment came as part of a £15-million (US$18.4-million) million) round.

Volvo 273
article thumbnail

A 605 MW PV plant in Germany is now Europe’s largest solar farm

Baua Electric

Photo: HANSAINVEST Real Assets A 605 megawatt (MW) project in Germany has claimed the title of Europe’s largest solar farm, bumping a PV plant in Spain out of the top spot. The Witznitz Solar Farm near Leipzig, which is not state-subsidized, is owned by German investment firm HANSAINVEST Real Assets. million modules.

Solar 52
article thumbnail

This Engineer’s Solar Panels Are Breaking Efficiency Records

Cars That Think

The show highlighted rooftop solar panels in Germany, explaining that the panels generated electricity to power the buildings and even earned the owners money by letting them sell extra energy back to the electricity company. Invented in 1983, PERCs are used today in nearly 90 percent of solar panels on the market.

Solar 61
article thumbnail

Tesla’s Solar Range Extender with Starlink prototype could save lives during disasters

Teslarati

Tesla’s recent prototype of a solar range extender trailer with Starlink will be a game-changer for disaster relief. Tesla Germany recently shared it during the IdeenExpo. When I first saw it, I thought about life-saving solar microgrids deployed during natural disasters. Solar, Starlink & Disasters.

Solar 134
article thumbnail

Groupe Renault, Connected Energy install EV charging with 2nd-life batteries at highway rest areas

Green Car Congress

UK-based Connected Energy and Groupe Renault have installed two quick-charge stations based on Connected Energy’s E-STOR energy storage technology on highways in Belgium and Germany. The E-STOR technology developed by Connected Energy uses second-life batteries from Renault electric vehicles.

Connect 150
article thumbnail

Cummins invests $24M in flow battery leader VoltStorage

Green Car Congress

Cummins has invested $24 million in Germany-based VoltStorage, a developer of stationary flow batteries. In addition, the international research and development team is working on the low-cost iron-salt battery, the properties of which make it particularly suitable for ensuring base load capability for wind and solar farms.

Batteries 467
article thumbnail

Solar and Battery Companies Rattle Utility Powerhouses

Cars That Think

Tesla and its partner Octopus Energy Germany recently rolled out retail utility services in two large German states. Tesla Gigafactory site taking shape in Grünheide, Germany in June 2021. In Germany, the large industrial utility RWE started its own battery unit and is now operating small energy storage sites in Germany and in Arizona.

Solar 116