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Volvo partnership will recycle EV batteries into energy storage

Teslarati

One such company includes Volvo, which has announced a partnership to recycle old EV batteries into new energy storage systems. Volvo is partnering with battery recycler Connected Energy to give EV batteries a second life as battery energy storage systems (BESS), as detailed in a press release on Wednesday.

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EV maker Tesla breaks ground on Megapack energy storage battery factory in Shanghai – ET Auto

Baua Electric

Electric vehicle maker Tesla has begun construction of a factory in Shanghai to make its Megapack energy storage batteries, Chinese state media reported Thursday. The state-run Xinhua News Agency lauded Tesla’s commitment to investing in China and “defying the rhetoric of decoupling’ and de-risking’ from China.”

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QOTD: Could Energy Storage Unlock the EV Market?

The Truth About Cars

The New York Times has an interesting piece on cars being used to store excess electricity. But, the TImes asks, what if electric vehicles could be used to store energy from the grid, and perhaps drivers could get rewarded for it? It seems, on paper, like a pretty nifty idea. Pundits think this could spur EV adoption.

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Tesla leases huge space in Shanghai for store and service center

Teslarati

The new site is expected to open in mid-2024 in Xin Park, and the news comes after Tesla last year announced plans to close select stores in China in an attempt to restrategize. Currently, Tesla has around 300 stores across China. Tesla did not respond to Reuters’ request for comment on the report.

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Nevada put big battery energy storage where a coal plant used to be

Baua Electric

Nevada utility NV Energy’s largest battery energy storage system sits on a former coal-fired power plant site and will save customers a lot of money. The new BESS is on the site of the former 557-megawatt (MW) coal-fired Reid Gardner Generating Station, which was demolished in 2019. Get started here. –ad*

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Tesla energy storage deployment increases 152% year-over-year

Teslarati

Tesla Energy achieved a number of key milestones in the fourth quarter. As per Tesla’s Q4 and FY 2022 Update Letter, energy storage deployments actually grew by 152% year-over-year in the fourth quarter to 2.5 All in all, Tesla Energy was able to deploy 6.5 Credit: Tesla Inc.

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Tesla Megapack batteries are powering Britain’s largest energy storage project

Teslarati

The construction of the United Kingdom’s largest energy storage project has begun, and it is expected to be a true difference-maker when the supply of renewables like solar or wind is low. Located in southeast England, the facility would provide 99 MW of power that will be stored in Tesla Megapack batteries.