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BatteryLoop offers power optimization solutions for the electric automotive industry. Its primary product includes BLESS, the scalable and circular energy storage system made from reused electric vehicle batteries. BatteryLoop was founded in 2018 and is based in Vastra Gotaland, Sweden.
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Latest BatteryLoop News
Jan 18, 2023
Stena Metall Wed, Jan 18, 2023 10:00 CET With increased electricity prices and lack of power in the country, solutions like energy storage systems becomes more important. Stena Fastigheter has ordered six BatteryLoop energy storage systems BLESS™ I, including service agreements. The six systems are going to be delivered to Gothenburg, Malmö and Stockholm. “We are currently facing challenges with higher energy costs and lack of power. BatteryLoop’s energy storage systems can offer support both locally to real estate and with balancing the electricity grid. Therefore, BatteryLoop can be part of the solution for the increased challenges we are facing in the electricity market,” says Rasmus Bergström, CEO BatteryLoop. BatteryLoop’s energy storage systems enable local benefits such as storing solar energy at real estates with solar panels, supporting charging infrastructure for electric vehicles, reduce power-peaks and enables the real estate to become more self-sustaining. BatteryLoop gives EV-batteries a second life in their energy storage systems designed for reused premium batteries, together with their proprietary developed digital service platform they create benefits in a sustainable way. All BLESS™ I´s in the order are 176 kW with an installed energy of 295 kWh. The combined storing capacity of the six energy storages is 1 770 kWh, which equals 360 apartments daily requirement of household electricity. “This shows the benefits our systems create for our customers. It is a huge opportunity for us, and we are very happy about our expansion. The opportunity to create more benefits in more cities and both in electricity market area 3 and 4,” Rasmus continues. By investing in energy storage systems, Stena Fastigheter is not only supporting their own real estate, but they also support the electricity grid. By charging the energy storage system during hours with less electricity demand and partially using electricity from the system during peak hours, the energy storage can unburden the grid. During hours with a lower electricity demand the price if often lower which enables the real estate owner to reduce their electricity costs. “We have high targets to become self-sufficient in self-produced electricity for our properties and tenants, and for us sustainability is a strong driving force for innovation. Through our new battery storages from BatteryLoop we get, with modern technology, the opportunity to store our self-produced electricity, cut power peaks, improve profitability and reduce our climate footprint,” says Cecilia Fasth, group-CEO at Stena Fastigheter. Presskontakt: Cecilia Fredholm Vaarning, Communications- and Sustainability Manager at Stena Fastigheter +46101675316, email@example.com
BatteryLoop Frequently Asked Questions (FAQ)
When was BatteryLoop founded?
BatteryLoop was founded in 2018.
Where is BatteryLoop's headquarters?
BatteryLoop's headquarters is located at Varmlandsgatan 2, 2nd Floor, Goteborg, Vastra Gotaland.
Who are BatteryLoop's competitors?
Competitors of BatteryLoop include Octave and 4 more.
Compare BatteryLoop to Competitors
Luma leverages the aggregate capacity of electric vehicles and battery energy storage systems. It optimizes the charging of electric vehicles and turns them into reliable energy storage. It was founded in 2020 and is based in Stockholm, Sweden.
betteries upcycles 2nd life electric vehicle (EV) batteries to accelerate the transition to renewables and is well-positioned to deliver scalable CO2 savings and protect scarce resources.
Octave provides energy storage systems with second-life batteries from electric vehicles. It offers battery energy storage systems (BESS), optimal control service, battery swapping service, and maintenance service. The company was founded in 2020 and is based in Brussels, Belgium.
BMS PowerSafe is a provider of solutions for the battery management system. Its system helps in controlling, customizing, and optimizing battery systems. It provides solutions for small electromobility, electric cars, energy storage, the military, and other applications. It specializes in embedded system intelligence, and it designs and produces intelligent battery management systems, integrating software and electronics of a new generation. It was founded in 2009 and is based in Merignac, France.
Arenko Group owns and operates its own grid-scale battery. It provides battery-based energy storage systems. The company offers a complete software solution that connects and optimizes the battery’s technical and commercial performance using automation technology, artificial intelligence (AI), enhanced analytics, and deep-learning algorithms. It was founded in 2014 and is based in London, United Kingdom.
Princeton NuEnergy provides services for the direct recycling of lithium-ion batteries (LIBs) from electric vehicles (EVs) and consumer electronics. It offers services such as closed-loop lithium-ion battery recycling, service and technology licensing, and second-life battery use. The company was founded in 2019 and is based in Bordentown, New Jersey.
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