Oslo-based second life battery storage solutions firm Evyon has raised €8 million (US$8.3 million) in a pre-Series A fundraising round, led by VC firm Sandwater.

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. 

Automotive group Toyota and utility JERA have commissioned a battery storage system made up of lithium-ion, nickel metal-hydride and lead acid cells, something relatively novel in the sector.

A roundup of energy storage news from Europe and South Africa, with Neoen, RWE and Bushveld / CellCube announcing major projects.

The mismatch between supply and demand for lithium batteries presents a challenge to the global transition to sustainable energy.

A 25W battery energy storage facility in Germany with used battery cells from EVs including forklifts has been completed by developer JT Energy Systems.

A prototype system that can test and sort used battery cells for second life applications has been developed by four companies in the UK in a government-funded initiative.

The US government Department of Energy has begun implementation of a programme to support battery recycling.

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.