February 19th, 2016
This week’s TOP 5 includes a 15MWh project with second life EV batteries in Germany, a 1MWh project at Schneider’s facility in Massachusetts, the shipping of Sonnen’s 10,000th battery, a successful fundraise by the French storage start-up Kemwatt, and a grant received by Arotech in order to develop its grid-scale flow battery.
- Daimler’s subsidiary ACCUmotive and the Hannover AG Stadtwerke are developing a 15MWh lithium-ion energy storage system that will be made out of second life EV batteries. The energy storage system should come online by the end of 2016.
- Schneider Electric announced that it is building a project with 400kW of PV and a 1MWh storage system. Schneider will provide the components and signed a 20-year PPA with Duke Energy and REC Solar who will own and operate the project. »
- Sonnen announced that it has shipped its 10,000th battery this week, a vast majority of which is installed in Germany.
- Ionwatt, the French start-up developing an innovative redox-flow battery based on organic molecules, has completed a fundraising round of €1.2 m and changed its name to become Kemwatt.
- Arotech Corporation announced that its Power Systems Division has received an additional grant of $720,000 from the Israel Office of the Chief Scientist for its grid storage flow battery program.