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Toyota Launches Large-capacity Sweep Energy Storage System from Reused Electrified Vehicle Batteries Connected to the Electrical Power Grid

Electric Cars Report

and Toyota Motor Corporation announced the construction and launch of the world’s first, according to Toyota, large-capacity Sweep Energy Storage System. The system was built using batteries reclaimed from electrified vehicles (HEV, PHEV, BEV, and FCEV) and is connected to the consumer electrical power grid.

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Hydro-Québec and Sony forming JV to develop large-scale Li-ion energy storage system for power grids

Green Car Congress

Hydro-Québec and Sony Corporation will establish a joint venture to research and develop a large-scale energy storage system for power grids. Furthermore, the energy storage system for such power supplies must be highly safe and reliable due to the need for an efficient and stable source of high capacity power.

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Cohort of new stakeholders joins Open Hydrogen Initiative

Green Car Congress

Hydrogen demand is currently concentrated in oil refining and ammonia production, but nearly 90% of projected demand growth through 2050 comes from new sectors like heavy-duty transportation, steel production, and long-term energy storage. President and CEO of GTI Energy. —Paula Gant, Ph.D.,

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Fusion energy company TAE Technologies launches power management subsidiary TAE Power Solutions

Green Car Congress

TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage. billion.

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V2X company Fermata Energy raises $40M in recent round

Green Car Congress

Fermata Energy, a vehicle-to-everything (V2X) technology services provider, recently raised $40 million to accelerate the company’s growth with investment from new partners, including funds managed by global investment firm Carlyle and Verizon Ventures.

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Hydrogenics wins order from E.ON for power-to-hydrogen-gas energy storage project in Germany

Green Car Congress

Electrolysis company Hydrogenics Corporation has received an order from E.ON The 2 MW energy storage facility, to be located in Falkenhagen in northeast Germany, will use surplus renewable energy sources to produce hydrogen for storage in the country’s existing natural gas pipeline network.

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Leclanché secures $76M in funding, $51M facility for acquisitions and joint ventures in e-Transport and stationary grid-based storage markets

Green Car Congress

Switzerland-based energy storage company Leclanché SA has secured new additional funding from FEFAM, Leclanché’s largest shareholder. In addition to CHF 75 million (US$76 million) committed corporate funding, FEFAM has agreed to provide a conditional CHF 50 million (US$51 million) funding facility for acquisitions and joint ventures.

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