FINALIST IN E-PRIZE
SWEDEN'S LARGEST ENERGY PRIZE
BatteryLoop was one of this year's three finalists, in the Energy Efficiency category, for its smart energy storage made from recycled electric vehicle batteries.
“We are extremely happy and proud of this position! To be noticed for our competence and our innovational strength confirms that we are on the right track,” says Rasmus Bergström, CEO BatteryLoop.
E-Prize is Sweden’s largest energy prize, which is awarded by Dagens Industri, Aktuell Håll-barhet and E.ON. The award was presented on November 16, 2021 during the Sustainable Business conference.
“We are enablers for the transition and electrification of society. We do so by providing a fully circular solution. Our products are based on second-use batteries, so we are part of the circular solution, which is very important to us. We are contributing to the goal towards zero greenhouse emissions and securing the environment for the future and the next generations,” Rasmus Bergström continues.
BatteryLoop’s smart energy storage system BLESS™ (BatteryLoop Energy Storage System) gives old electric vehicle batteries a second life. The commercial life of the batteries is secured and at the same time the environmental impact is reduced. In addition, the energy storage systems support the electric grid and enables an increase of renewable energy.
“We are on an exciting journey on a market that is growing with over 40% per year. The market that we are aiming for is valued to over 500 billion SEK in ten years. Our biggest resource is competent and driven employees,” Rasmus Bergström concludes.
FACTS ABOUT BATTERYLOOP
BatteryLoop is a start-up, with roots in the Stena sphere, that supports companies in the transition towards electrification. In April 2021, a vehicle charging system was inaugurated at the hygiene and health company Essity where now 78 charging stations for electric-and hybrid cars and 24 for electric bikes are provided with climate-neutral electricity. During the fall of 2021, BatteryLoop mapped the conditions for installing charging infrastructure in a number of real estate properties within the existing power supply. They also continued their work as part of the EU project ‘Sea Li-ion’ where they investigate how battery storage can enable and accelerate electrification of maritime transport and ports.