Smartville recently awarded $5.9 million from the U.S. Department of Energy as part of a $75-million funding package through President Biden’s Bipartisan Infrastructure Law. This grant will support Smartville’s mission to breathe new life into retired electric vehicle (EV) batteries by advancing technologies and processes supporting EV battery recycling and reuse efforts across the country.
Smartville’s large-scale, second-life energy storage system uses repurposed EV batteries, which is a cost-effective and sustainable solution for energy storage. The company’s CEO, Antoni Tong, stated that the system can sustainably power our communities, lessening our dependence on external energy sources.
See also: Mercedes-Benz Energy and Lohum Announce Strategic Partnership for Second-Life Batteries
With the grant, Smartville will accelerate the commercialization of MOAB and make it a UL certified second-life EV battery pack energy storage system. The funds will also support a large 4 MWh demonstration project in central California co-located with an existing power plant operated by a California independent power producer in an underserved disadvantaged community.
In the past decade, over 1.8 million Nissan Leafs and Teslas have been sold in the U.S., and sales for all EVs are expected to rise dramatically by 2035. This means that the number of second-life EV batteries will continue to grow quickly, turning waste management challenges into sustainable energy opportunities.
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Smartville’s proprietary suite of software, hardware, and diagnostics provides guaranteed performance from repurposed EV batteries for stationary storage serving enterprise and utility customers. The company’s innovative approach to energy storage is poised to make a significant impact on the industry and our communities, and the recent grant will help accelerate the transition to sustainable energy sources.
