British company Connected Energy, which builds stationary energy storage systems based on retired electric vehicle batteries, has raised £15 million from five new investors – including Swedish commercial vehicle group Volvo Group.
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The French battery manufacturer Forsee Power is cooperating with Connected Energy, a company that builds stationary energy storage systems based on spent electric vehicle batteries. The aim is to recycle Forsee batteries after they have been used in electric buses.
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A British consortium looks to establish a circular end-of-life supply chain ending in the UK’s first recycling facility for automotive battery packs on a commercial scale. Granted support through the Advanced Propulsion Centre (APC), project RECOVAS collects most of Britain’s remaining automotive players and specialists.
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Renault is putting two new projects for the second-life use of batteries from electric vehicles in the spotlight. Both ‘Advanced Battery Storage’ in France and ‘SmartHubs’ in the UK are aimed at helping to balance power grids as the share of renewable energy increases.
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The British company Connected Energy has adapted their energy storage system E-STOR to work with old EV batteries from the Jaguar I-Pace, as well as other water-cooled batteries from EVs by JLR.
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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.
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