News

EDF, Forsee Power, Mitsubishi Motors Corporation, Mitsubishi Corporation and PSA Peugeot Citroën announce to jointly study the possibility of the energy storage business in Europe utilizing used lithium-ion batteries from electric vehicles, and to launch the demonstration project installed in September 2015 in France at Forsee Power’s new Headquarters near Paris (France).

 

The purpose of the project is to optimized smart grid and Energy Management System, combining solar, electric vehicles, stationary storage using new and re-used batteries, in bi-directional mode.

 

The system includes the following topics:

+ High voltage (330 volts) Energy Storage System made of Peugeot Ion, Citroen C-Zero and Mitsubishi iMiEV reused automotive battery pack

+ Low voltage (48 Volts) Energy Storage System use of new automotive batteries

+ Capability of Electric Vehicle from Mitsubishi Motors “i-MiEV”, Peugeot Ion, Citroen C-Zero and Plug In Hybrid EV Mitsubishi Outlander PHEV

+ Bi-direction battery energy consumption optimisation (car to building and building to car)

+ Definition of a business model and its associated IP for the use of automotive batteries re-used in stationary applications

 

The related companies will collaborate in project implementation, in application of insights and will establish new business model with energy storage system utilizing such used batteries.