10 Jul '18, 12pm
Hyundai Partners With Wärtsilä On Stationary Storage Using Second-Life Batteries https://t.co/spf102CFZ6
Wärtsilä will commercialize the new second-life energy storage products across its existing network of customers which stretches across 177 countries around the world which it leveraged last year to sell nearly 4 gigawatts in power plants. The partnership estimates that in 2025, there will be 29 gigawatt-hours (GWh) of second-life plug-in vehicle batteries available that dwarfs the 10 GWh of stationary storage capacity available today. Second-life batteries are ideal for stationary storage applications where energy density is not as critical and eliminates the need to break batteries down to the raw elements to extract value, as is required for battery cell recycling.