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Elestor electricity storage company receives €30 million investment

Innovation News Network

Elestor has secured a €30 million investment from a consortium spearheaded by Norwegian energy giant Equinor's corporate venture capital arm. The post Elestor electricity storage company receives €30 million investment appeared first on Innovation News Network.

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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.

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Mitsubishi joins PSA and other French partners in second-life batteries demonstration

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Mitsubishi Motors Corporation (MMC) and Mitsubishi Corporation (MC) announced the launch of a joint demonstration project for utilizing used lithium-ion batteries from electric-powered vehicles. The demonstration project will be inaugurated in September 2015 at Forsee Power’s new Headquarters near Paris.

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Nissan and 4R Energy develop new EV charging system combining solar and Li-ion batteries

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and 4R Energy Corporation, a joint venture established by Nissan and Sumitomo Corporation in September 2010 to explore second-life applications for automotive battery packs ( earlier post ), have developed a charging system for electric vehicles that combines a solar power generation system with high-capacity lithium-ion batteries.

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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

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The report identifies investment priorities in electricity storage and networks, energy efficiency in buildings and industry, charging infrastructure for electric vehicles, the deployment of green hydrogen manufactured with renewables, and decarbonization of industry and heavy transport, including aviation and shipping.

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Japan V2G demonstrator project using EVs as virtual power plant resource; METI funding

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Seven companies—Tokyo Electric Power Company Holdings, Inc. Mitsubishi Motors Corporation (MMC); SHIZUOKA GAS Co., TEPCO); TEPCO Energy Partner, Inc.; TEPCO Power Grid, Inc.; Hitachi Systems Power Service, Ltd.; and Hitachi Solutions, Ltd.—have Scope of demonstration system to be built in FY 2018.

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Mazda Demios To Be Base Architecture for Electric Vehicle Test Project

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Mazda Motor Corporation will provide three Mazda Demios (Mazda2s) for conversion to EVs for a project in collaboration with Itochu Corporation and other companies in conjunction with Tsukuba City to test a low-carbon transport system which uses clean energy. Tokyo R&D: Electric vehicles. Mazda Demio. Click to enlarge.

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