They will then collaborate with the other partners to validate the feasibility of repurposing EV batteries for storage paired with solar Photovoltaic systems to provide building resiliency and load shifting services for small and medium-sized commercial buildings. ReJoule, as the primary grant recipient, will develop a battery grading process and degradation model. To learn more about Ford's sustainability leadership and commitments, visit.
Last year, Ford agreed to a framework with the California Air Resources Board to meaningfully reduce greenhouse gas emissions in its vehicles as part of Ford's long-term sustainability strategy to achieve carbon neutrality globally by 2050. (NYSE: F) will be supporting the project by donating used EV battery modules and providing the ReJoule team with technical support from Ford's Greenfield Labs based in Palo Alto, California. While there are a variety of tests and grading methods, there has been limited success to reliably and cost-effectively test and grade used batteries for second-life applications.įord Motor Company, Inc. The largest barriers to repurposing used EV batteries are the cost of disassembly, long test times, and uncertainty of the remaining useful life. Extending the life of used EV batteries further lessens the need for mining of rare earth minerals, thereby making batteries as an energy storage solution more sustainable.
This presents opportunities for repurposing EV batteries as low-cost stationary storage in a second-life application.
Īs electric vehicles (EV) reach their end-of-life, batteries often retain from 70-90% of their original capacity. Additional grant information can be found here. The underlying goal is to deploy second life batteries from electric vehicles for use in a microgrid application. The California Energy Commission Grant proposal was for Validating Capability of Second-life Batteries to Cost-Effectively Integrate Solar Power for Small-Medium Commercial Building Applications. CleanSpark has also agreed to provide over $88,000 in matched funding. CleanSpark expects to receive approximately $470,000 of the grant funding for its microgrid design and mVSO software services and follow-on deployment of its mPulse software and controls. ReJoule and CleanSpark will be further supported by Ford Motor Company, BigBattery, and GRID Alternatives. The funds will be distributed to the multi-group partnership of clean energy and technology companies. The grant is approximately $2.9 million and is slated to be deployed over the next 30 months. (Nasdaq: CLSK), a diversified software and services company, and ReJoule, a battery diagnostics and optimization company announced that they have been awarded a grant from the California Energy Commission. “As grid related power outages become disruptive to business operations, we think the need for backup power sources will drive increased demand for our products.SALT LAKE CITY and STANTON, Calif., July 9, 2020 /PRNewswire/ - CleanSpark, Inc. “This new order will provide improved visibility in upcoming quarters and contribute to our strong growth outlook.” said CEO of CleanSpark, Matthew Schultz.Mr. If successful, this trial could result in a significant number of additional units during the next couple of years. The end user of the company’s intelligent ATS switchgear from this order is a regional grocer located in the state of Texas. It also gives the end user an opportunity to participate in regional energy markets when it makes financial sense to sell surplus power back to the grid.ĬleanSpark’s new order is to a current customer that provides back-up power solutions and microgrids to its clients. The company’s Intelligent ATS switchgear is used to automatically transfer power supply from its primary source to a backup source when it senses a failure or outage in the primary source, assuring uninterrupted power. In addition to the $2.5 million order, this week, the CleanSpark also shipped the first units of a limited trial contract for an order of its intelligent ATS switchgear for end use by one of the nation’s largest retailers, with over 6,300 stores in the U.S.