Semiconductors - Darmstadt, Hesse, Germany
Small-scale local energy storage is an increasingly important component of a smart grid, especially in Europe. However, new batteries are expensive, with cost being the top reason for homeowners not installing storage. ReLi solves this by refurbishing retired batteries from electric vehicles (EVs) for a second life, thereby offering a more affordable alternative and simultaneously promoting a more sustainable, circular economy. It works like this: ReLi takes these retired EV batteries, which usually still retain 80% of their initial capacity, dismantles them, tests individual cells and modules, assembles them into a modular battery box, then applies an innovative Battery Management System (BMS) to smartly manage the charging and discharging of the battery. The product can also be easily interconnected to provide different capacities depending on the home's specifications.ReLi reduces drastically the battery waste as it reuses the batteries that would have been, otherwise, thrown away or recycled. With its affordable price, more people will be able to have access to greener and low-price energy.
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