(Energy Storage News) – Gigawatt-hours of used EV batteries are now hitting the market, and California-based Element Energy claims it has the ideal BMS platform to scale second life energy storage technology.
The firm recently raised a US$28 million Series B to accelerate the scale-up of its second life solution and proprietary battery management system (BMS) platform, as reported by Energy-Storage.news at the time. The firm is the latest in a series of companies repurposing used EV batteries into stationary energy storage systems (ESS) that Energy-Storage.news has interviewed.