Volvo Energy, part of the automotive and engineering company Volvo Group, and UK-based second life BESS firm Connected Energy have signed a letter of intent to jointly develop a BESS solution.
Some organisations consulted for a UK government study believe that the safety of second life EV batteries in residential energy storage “can never be guaranteed” while others believe an enabling framework is possible.
An evaluation of 2022 and predictions for the coming year from German battery storage developer and system integrator ECO STOR, and UK-based second life energy storage firm Connected Energy.
Energy storage provider Connected Energy has secured £3 million (US$4.13 million) of investment from Macquarie Group and ENGIE to fuel its growth plans in the UK and abroad.