Mercedes-Benz Energy, part of the large automotive OEM, has expanded its range of second life energy storage partnerships into India through a 50MWh per annum module supply deal with local firm Lohum.
While battery storage growth in the US continues to vastly outpace that of Europe, the repurposing of used EV batteries into second life stationary storage systems is far more developed in the latter.
Nissan, Renault and Mercedes-Benz are at the forefront of providing EV batteries for companies developing second life battery energy storage systems (BESS), but the market for such batteries is still thinly-traded.
Mercedes-Benz is supplying second-life batteries for Canadian startup Moment Energy’s energy storage solution (ESS), the automotive player’s second such deal in three months.
There will be no benefit to basing home energy storage systems on automotive batteries, in the medium or long term, a representative of Mercedes-Benz Energy has said.
