1. Wärtsilä, Hyundai Sign Deal to Use EV Batteries for Energy Storage

    Wärtsilä, Hyundai Sign Deal to Use EV Batteries for Energy Storage

    Finnish technology group Wärtsilä has signed a long-term partnership agreement with Hyundai Motor Group to utilise second-life EV batteries for use in the growing energy storage market. Wärtsilä bills itself as a “global leader in smart technologies and complete lifecycle solutions for the marine and energy markets” and boasts 67 GW worth of installed power plants in 177 countries around the globe.

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  1. Quotes

    1. Energy storage is the logical next step in the after-market use of EV batteries.
    2. Wärtsilä, through the capabilities and integration experience of Greensmith Energy, will develop a cleaner and more powerful approach to second-life battery applications for Hyundai Motor Group.
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    1. Electricity Source:

      Solar Photovoltaic, Wave, Tidal, Hydro, Wind
    2. Storage Market:

      Commercial & Industrial, Military, Residential & Community & Microgrid, Smart Grid, Utility Grid, Vehicle-to-Grid/Home
    3. Storage Technology:

      Compressed Air/Gas, Flow Battery, Flywheel, Hydrogen, Lead, Liquid Metal, Lithium, Magnesium, Mechanical Storage, Nickel, Sodium, Supercapacitors, Vanadium, Zinc
    4. Article Types:

      Null, Reports and Conferences