article thumbnail

How Automotive Dealerships Can Save Money with Battery Energy Storage

Blink Charging

federal government is actively facilitating EV adoption, aiming to simplify the purchasing process for consumers , encourage companies to electrify their fleets , and assist businesses in installing EV charging stations. Incorporating a BES system can aid in lowering the operational costs of a DC fast charger. According to the U.S.

article thumbnail

Thermal Energy Storage Is No Longer Just Hot Air

Cars That Think

Cheesecake is part of a cohort of companies trying to meet a growing need for alternative forms of energy storage. As countries transition away from fossil fuels to green sources of energy like wind and solar, there will be natural lulls in energy production due to weather conditions.

article thumbnail

Hydrogenics and Enbridge jointly to develop utility-scale renewable energy “storage” via natural gas; “Power-to-Gas”

Green Car Congress

jointly to develop utility-scale energy storage in North America. The collaboration will bring together Hydrogenics’ expertise in water electrolysis with Enbridge’s ownership and operation of natural gas pipeline networks and renewable energy generation. This relationship also includes an equity investment of CA$5.0 per share).

article thumbnail

Tesla Lathrop Megafactory spotted with record 446 Megapack batteries

Teslarati

Tesla Energy seems to be keeping the pedal to the metal all the way to the end of Q1 2024. This was hinted at in a recent drone flyover of the Lathrop Megafactory, a facility that produces the electric vehicle maker’s flagship energy storage solution, the Megapack. MWh of energy. MW of power and 3.9

Tesla 134
article thumbnail

Hyundai signs MOU with South Korean government and industry partners to demo EV battery leasing business

Green Car Congress

Through this agreement, Hyundai aims to foster an EV ecosystem by alleviating the initial cost burden of EV purchases and by providing innovative services that enable eco-friendly reuse of batteries. As a result, KST Mobility is able to have lower initial investment for EV purchases.

Hyundai 221
article thumbnail

Responsible Battery Coalition and U Michigan launch study to compare electric and gas vehicle lifetime costs

Green Car Congress

The Responsible Battery Coalition, in partnership with the University of Michigan Center for Sustainable Systems, launched a comprehensive research project to compare the total cost of ownership of gas and electric vehicles (EVs). Gregory Keoleian, Director of the Center for Sustainable Systems at the University of Michigan.

Michigan 199
article thumbnail

USDOT awarding $55M to support purchase of Low-No buses; electric buses and infrastructure

Green Car Congress

Eligible projects included those that replace, rehabilitate, lease, and purchase buses and related equipment as well as projects to purchase, rehabilitate, construct or lease bus-related facilities, such as buildings for bus storage and maintenance. million for hydrogen fuel cell buses. Description. City of Fairfield.

Purchase 191