Connected Energy and Forsee Power have entered into a Partnership Agreement to collaboratively design and develop a modular and scalable energy storage solution. This initiative will integrate Connected Energy’s established second life battery technology with Forsee Power’s ZEN 35 and ZEN 42 battery packs, which are currently deployed in approximately 1,500 electric buses across Europe. The partnership also encompasses the creation of an operating model aimed at facilitating future large-scale commercial deployments.
The collaboration focuses on repurposing batteries from electric vehicles (EVs) once they have reached the end of their initial lifecycle. These second life batteries will be utilized in energy storage systems for applications such as supporting renewable energy generation and behind-the-meter energy solutions. This approach not only extends the operational life of EV batteries but also provides an additional revenue stream, enhancing the sustainability and cost-effectiveness of electric vehicle batteries. By doing so, second life EV batteries are positioned to play a significant role in addressing the increasing global energy demands.
Forsee Power, a specialist in battery systems for sustainable electric transport, operates extensively in Europe, Asia, and North America. Founded in 2010, the company has established itself as a key player in the battery industry. Meanwhile, Connected Energy brings extensive expertise in delivering second life battery energy storage systems, with numerous installations already in place across Europe.
Matthew Lumsden, CEO of Connected Energy, stated, “This agreement with Forsee Power represents a significant step forward in delivering a new second life economy for EV batteries. The availability of second life batteries is increasing rapidly, and the best way to realize their value is through partnerships that span the value chain. By combining our expertise, we can deliver energy storage technology that offers greater environmental and commercial benefits as the flow of batteries increases.”
“We are glad to extend our partnership with Connected Energy initiated in 2021, to develop a grid-scale energy storage system using battery packs from electric buses that have completed their first life.” said Christophe Gurtner, Chairman & CEO of Forsee Power.
“Our company’s vision is to develop a sustainable battery ecosystem to maximize the value of our batteries throughout their lifetime and contribute to the mitigation of climate change. Forsee Power, the leader of battery systems for buses outside of China, has equipped more than 4,200 buses. Thus, we have and will have access to a significant number of batteries once they complete their first life. As a consequence, the potential is huge.”
The partnership aims to scale these innovations to meet the global demand for energy storage. The initial 2.5MWh system is expected to become operational in the UK in the final quarter of 2025. Following this project, additional systems, each typically exceeding 25MWh, are anticipated to be deployed in both the UK and France.
Source: Forsee Power Press Release
