The business case for developers to use large batteries at EV charging stations instead of upgrading electricity networks in the UK is now harder to make after recent changes in regulations.
The German battery storage-integrated EV charging space had a busy July, with startup Numbat raising €10m-plus in capital and Volkswagen and JOLT Energy opening charging parks.
FreeWire Technologies, a battery-integrated EV charging solution provider, has raised US$125 million in new capital from global asset manager BlackRock and other investors.
Flow battery company Invinity Energy Systems, alongside developer Pivot Power, has fully energised the UK’s largest flow battery, located in Oxford, England.
Around 20 energy storage systems (ESSs) are to be deployed at roadside service stations in the UK where the grid supply isn’t enough for rapid charging infrastructure, the country’s government has said.
