Galp, in collaboration with BMW and BeePlanet, has launched a stationary energy storage system in Madrid utilizing repurposed electric vehicle (EV) batteries. This system provides buffered energy to high-power charging (HPC) points.
The 'Second Life Batteries' initiative features a storage unit with a 368 kWh capacity, built from used EV batteries, potentially supplied by BMW. This storage unit draws energy from the grid at a slow rate and then distributes it to two 180 kW fast chargers. The project aims to efficiently charge up to nine vehicles sequentially with minimal direct grid power.
The 'Second Life Batteries' project is a partnership between BMW, Galp, and BeePlanet, a company specializing in repurposing batteries. The storage system has been installed at a gas station in Alcalá de Henares, within the Madrid area.
Galp's João Diogo Marques da Silva expressed confidence in the future of electrified mobility, emphasizing the importance of innovative projects in advancing sustainable energy solutions.
Galp currently operates 5,000 charging points across Spain and Portugal. The company had originally planned to reach 10,000 charging points in these countries by 2025. The European Investment Bank (EIB) has provided Galp with a 41.5 million euro loan to help achieve this goal. This funding will support the installation of 5,500 new charging points by 2025, with a requirement that 55% of these be placed in less developed areas.
Original News Website: