The US Department of Energy (DOE) has provided US$7.9 million for a 50MWh battery energy storage project using second life EV batteries in the ERCOT, Texas market, by Element Energy and NextEra Energy Resources.

The Energy Department recently announced $74 million in funding from President Biden’s Bipartisan Infrastructure Law for technologies and processes for second-life battery applications. We are proud to share that Element Energy’s proposal was one of five proposals selected for second...

WASHINGTON (AP) — The Energy Department on Wednesday awarded nearly $74 million from the bipartisan infrastructure law for 10 projects to advance recycling and reuse of batteries for electric vehicles and other purposes. The funding will go to academic and...

With continued global growth of electric vehicles (EV), a new opportunity for the power sector is emerging: stationary storage powered by used EV batteries, which could exceed 200 gigawatt-hours by 2030. Learn more… Mckinsey By Hauke Engel, Patrick Hertzke, and Giulia Siccardo

Auto makers like Nissan and Renault are using retired batteries to build large-scale energy-storage systems Learn More… The Wall Street Journal By Dieter Holger and Giulia Petroni