Silicon Valley’s Green Charge Networks, which mainly delivers energy storage systems for commercial customers and is involved in a deal to re-purpose ‘second life’ EV batteries, has been acquired by Engie.
We often hear about the so-called ‘synergy’ between EVs and energy storage in the home. Not merely the fact that the majority of both applications for storage tend to have a lithium-ion battery-driven heartbeat at their core, but a lot has been made of the fact that the two industries could spur each other on to both lower costs and increased adoption. One company in the UK has taken on some of the challenges involved in integrating these and other related technologies.
A new academic study claims that batteries used in plug-in electric vehicles (PEVs) could be used to stabilise electrical grid networks, as well as for providing houses and businesses with backup power.