Berliner Boersenzeitung - German firm gives 'second life' to used EV batteries

EUR -
AED 4.097449
AFN 71.405838
ALL 90.616631
AMD 401.812176
ANG 1.996881
AOA 1024.222003
ARS 1713.62359
AUD 1.586729
AWG 2.011067
AZN 1.901136
BAM 1.949248
BBD 2.247416
BDT 138.524382
BGN 1.950072
BHD 0.421299
BIF 3348.664286
BMD 1.11571
BND 1.425553
BOB 13.529886
BRL 6.07404
BSD 1.115884
BTN 105.894855
BWP 15.416733
BYN 3.286955
BYR 21867.912013
BZD 2.244137
CAD 1.557179
CDF 2582.868583
CHF 0.919211
CLF 0.028029
CLP 1106.739931
CNY 7.431859
CNH 7.423714
COP 3564.257673
CRC 507.410374
CUC 1.11571
CUP 26.778989
CVE 109.89512
CZK 24.353323
DJF 198.284384
DKK 7.473331
DOP 67.635085
DZD 151.572144
EGP 62.471162
ERN 16.735647
ETB 180.144444
FJD 2.503323
FKP 0.834157
GBP 0.833173
GEL 2.905153
GGP 0.834157
GHS 12.999654
GIP 0.834157
GMD 82.562922
GNF 9875.80474
GTQ 8.530327
GYD 233.890121
HKD 8.751695
HNL 29.991191
HRK 7.552251
HTG 146.193844
HUF 365.770399
IDR 20257.942776
ILS 3.508417
IMP 0.834157
INR 105.955892
IQD 1691.514361
IRR 2084608.919934
ISK 136.009279
JEP 0.834157
JMD 177.313208
JOD 0.791082
JPY 175.639543
KES 144.89766
KGS 97.567376
KHR 4552.758153
KMF 492.028411
KPW 1004.138774
KRW 1488.758952
KWD 0.347165
KYD 0.92987
KZT 505.929434
LAK 25123.453969
LBP 99922.520078
LKR 371.142489
LRD 189.679884
LSL 18.595196
LTL 3.294401
LVL 0.674882
LYD 7.172858
MAD 10.971273
MDL 19.973579
MGA 5047.215888
MKD 61.373706
MMK 2342.889781
MNT 4014.19357
MOP 9.016372
MRU 45.247533
MUR 52.751181
MVR 17.238138
MWK 1934.449804
MXN 20.968745
MYR 4.527778
MZN 71.305434
NAD 18.595196
NGN 1501.980106
NIO 41.06198
NOK 10.263084
NPR 169.431569
NZD 1.980129
OMR 0.42899
PAB 1.115989
PEN 3.862019
PGK 5.077909
PHP 71.054021
PKR 308.685923
PLN 4.404209
PYG 6537.027277
QAR 4.067528
RON 5.337002
RSD 117.453044
RUB 90.005057
RWF 1647.141366
SAR 4.188821
SBD 8.990619
SCR 15.366815
SDG 671.103544
SEK 10.959674
SGD 1.42586
SHP 0.834925
SLE 25.553845
SLL 23395.881486
SOS 637.665207
SRD 41.972449
STD 23092.94018
STN 24.418688
SVC 9.763183
SYP 14506.458423
SZL 18.59018
THB 37.692586
TJS 10.270839
TMT 3.904984
TND 3.336784
TOP 2.686361
TRY 55.727254
TTD 7.56557
TWD 36.423355
TZS 2946.810525
UAH 50.610698
UGX 4742.208913
USD 1.11571
UYU 44.860819
UZS 13383.494263
VES 990.169911
VND 28789.217736
VUV 133.012093
WST 3.094869
XAF 655.957
XAG 0.022737
XAU 0.000287344858
XCD 3.015262
XCG 2.010941
XDR 0.788865
XOF 655.957
XPF 119.331742
YER 263.534658
ZAR 18.66081
ZMK 10042.73102
ZMW 22.500973
ZWL 359.258099
SSP 6409.974876
MXV 2.363292
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

German firm gives 'second life' to used EV batteries
German firm gives 'second life' to used EV batteries / Photo: Ina FASSBENDER - AFP

German firm gives 'second life' to used EV batteries

A German company is putting used electric vehicle batteries to new use by stacking them into fridge-size units that homes and businesses can use to store their excess solar and wind energy.

Text size:

This week, the company Voltfang -- which means "catching volts" -- opened its first industrial site in Aachen, near the Belgian and Dutch borders.

With around 100 staff, Voltfang says it is the biggest facility of its kind in Europe in the budding sector of refurbishing lithium-ion batteries.

Its CEO David Oudsandji hopes it will help Europe's biggest economy ween itself off fossil fuels and increasingly rely on climate-friendly renewables.

While wind turbines now dot Germany's countryside and photovoltaic panels are found on many rooftops, he says the country still needs to build up battery storage capacity.

"We want to ensure European sovereignty in energy supply by enabling renewable energy production through storage," Oudsandji, 29, told AFP.

"We can generate enormous amounts of electricity from solar and wind energy, then store it in a decentralised way all across Germany and distribute it," he said.

"This means that the more renewable energy we use, the more storage capacity we deploy, the less we need fossil gas or oil."

Inside the site, technicians receive used EV batteries and test them to determine their remaining lifespans.

Those still found to be in good condition are reconditioned for their "second life" and fitted inside cabinets the size of large refrigerators -- effectively huge power banks for excess electricity.

Among the first customers is the discount supermarket chain Aldi Nord, which wants to store power from its rooftop solar panels for later use.

- Clean energy push -

Voltfang, founded in 2020 by three university engineering students, aims to produce enough systems by 2030 to store a capacity of one gigawatt-hour (GWh) of electricity per year, enough for 300 homes.

It is one of many small steps meant to help Germany's decades-old "Energiewende", or energy transition.

Last year, renewables covered nearly 60 percent of electricity produced in Germany, and the target is 80 percent by 2030.

One problem for solar and wind is what to do on days when the sun doesn't shine and the wind doesn't blow.

Such "dark lulls", most common in winter, have at times forced Germany to temporarily import power produced by French nuclear reactors or Polish coal plants.

To guarantee a secure supply, conservative Chancellor Friedrich Merz's government plans to build around 20 new gas-fired power plants by 2030.

The Greens and environmental groups have denounced this as a step backwards in German climate policy and fear the country will not meets its goal of carbon neutrality by 2045.

- Circular economy -

Europe's battery sector is still nascent but expected to grow fast.

"In our opinion, small-scale distributed energy assets such as battery storage will play a major role to create efficient energy systems," said Marc Sauthoff of the business consultancy Roland Berger.

The stationary storage market is growing exponentially in Germany: about six GWh of capacity were installed at end-2024, up from 2.5 GWh in 2022, he said.

Voltfang hopes to be profitable by next year, Oudsandji said, though he conceded there are hurdles.

For one thing, the supply of used EV batteries is still small, given that most vehicles have been on the road for only a few years.

Also, new batteries, produced mainly in China, are becoming more efficient and less expensive, making it harder to compete against them with refurbished models.

Oudsandji acknowledged that testing and refurbishing old batteries "is more complex" than simply buying new ones.

"But the big advantage is that it is more sustainable," he said. "It is cheaper and allows us to create a circular economy, thus ensuring Europe's independence in resource supply."

(T.Renner--BBZ)