Renault and Powervault give EV batteries a 'second life' in Smart Homes
Renault and Powervault have announced a partnership to re-use Electric Vehicle (EV) batteries in home energy storage units. This partnership 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 roll-out in the UK.
Powering the future - breaking down barriers to renewable energy
Powervault offers a product that can overcome a substantial barrier to the adoption of renewable energy for home power generation. However, delve a little deeper, and you soon realise that the technology also has the potential to completely disrupt the national power generation and distribution sector; as Breakthrough Funding discovered.