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ENGIE New Ventures increases investment in 2nd-life battery company Connected Energy

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ENGIE New Ventures, the corporate venture fund of ENGIE, is participating in a new round of investment to further the development of Connected Energy. Based in the United Kingdom, Connected Energy uses end-of-life EV batteries to create energy storage systems.

Connect 186
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Liquid Metal Battery Corp secures patent rights from MIT

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Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications, has secured the rights to key patent technology from MIT. This is an important step forward for Liquid Metal Battery Corporation.

MIT 210
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Japan V2G demonstrator project using EVs as virtual power plant resource; METI funding

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Mitsubishi Motors Corporation (MMC); SHIZUOKA GAS Co., Commencing today, the project aims to build a vehicle-to-grid (V2G) system, and through this a business model that utilizes the electricity storage capabilities of multiple EV/PHEVs to regulate power demand and supply between the grid and electric vehicles.

Japan 218
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Liquid metal battery company Ambri raises $35M in Series C

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Ambri (formerly Liquid Metal Battery Corporation) is developing an electricity storage solution that was invented in the lab of Dr. Donald Sadoway, a professor at the Massachusetts Institute of Technology, along with Dr. David Bradwell (Ambri’s Chief Technology Officer and co-founder). Earlier post.)

Companies 210
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PHEVLERs are the Zero CO2 Clean Green Machines of the Future

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That is, PHEVLERs can store electricity whenever sun and wind-generated electricity is plentiful, and then can send stored power back into the smart grid at times when more electric power is needed. PHEVLERs are better than BEVs in support of the electric grid. 27 ] Watson, Grant and Andrew A.

Cleaning 150