TEXAS: Mitsubishi Heavy Industries Ltd has joined the list of investors in startup Element Energy, which says its technology can prolong the life of batteries, including ones re-purposed from electric vehicles( EVs). The funding will help it launch a 50 megawatt-hour pilot project in Texas that redeploys used EV batteries to supply the grid. That site – with the storage equivalent of about 5, 000 home batteries – will go online early next year....
Commercialisation is expected by the end of 202
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2023-11-22 00:00:00.0