Jan 12, 2018 - 04:02 pm

French energy giant Engie invests in 2nd life batteries

Energy group Engie and the Macquarie Group are investing 3m pounds in UK-based company Connected Energy that is known for its stationary energy storage system E-STOR.

In August 2017, Renault and Connected Energy installed charge points that give used batteries a second life. Fuelled by solar or wind power, the E-STOR system allows old EV batteries to become useful again as stationery energy storage. Once stored, the renewable energy then feeds Renault’s EVs.

The first two stations have been erected in Germany and Belgium. With the fresh money, the company wants now to grow further in Great Britain and beyond.
cleanenergynews.co.uk, theenergyst.com


Leave a Reply

Your email address will not be published. Required fields are marked *

Found on electrive.com
12.01.2018 16:46