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Renault

Renault sets up energy service subsidiary

Wed, 10/18/2017 - 12:03 -- Xuan Zhong
Renault sets up energy service subsidiary

French car giant Renault has launched a new subsidiary to invest in the development of secondary use of electric vehicle batteries (EV) for stationary energy storage and smart charging networks.

The new division, Renault Energy Services (RES), said it will research “vehicle-to-grid interaction to expand electric mobility and develop smart grids”.

 

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Renault EV batteries to drive PV rollout

Tue, 06/13/2017 - 15:35 -- Xuan Zhong
Renault EV batteries to drive PV rollout

Used batteries from Renault’s electric vehicles (EVs) are to be given a second life in UK-based Powervault’s home energy storage units.  

The deal with the carmaker will reduce the cost of a Powervault smart battery unit by 30%, helping Powervault to bring home energy storage “to the tipping point of mass-market rollout in the UK”.

 

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