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2nd-life ESS developer receives funding boost to progress its lithium-ion technology

Wed, 10/07/2020 - 14:28 -- Paul Crompton

Second-life energy storage developer Connected Energy has received a £350,000 ($453,000) investment from the Low Carbon Innovation Fund 2 (LCIF2) venture capital fund.

The UK firm aims to deploy its first grid-scale energy storage system using repurposed electric vehicle (EV) batteries after the funding from UK merchant bank Turquoise via LCIF2. 

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