AuscandocRepurposing EV batteries for the power grid is now a big industry | The Progress Playbook https://theprogressplaybook.com/2024/11/12/repurposing-ev-batteries-for-the-power-grid-is-now-a-big-industry/ “Canada-based #MomentEnergy plans to start work on an #EVbattery repurposing ‘gigafactory’ in early 2025 after securing $20.3 million from the US Department of Energy. (1/2)
The company already works with the likes of Mercedes Benz, and says EV batteries typically still have 80% of their original capacity when they’re removed from vehicles. The storage systems it produces are used for large power grids, microgrids, EV charging stations, and commercial customers.
One of Moment Energy’s recent projects, at a scuba diving resort in a remote part of Canada, reduced the property’s diesel generator usage by 66%.” (2/2)
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