Dive Brief:
- Japan's Sumitomo Corp. has developed an energy storage system that uses old batteries from electric vehicles (EV).
- The company plans to install a prototype system next to a solar facility in Japan.
- Sumitomo plans to create large-scale energy storage from what it expects to be a plentiful supply of used EV batteries.
Dive Insight:
If successful, Sumitomo will both be giving the EV sector a boost by reusing old batteries while supporting renewable generation with energy storage. Win-win.