NISSAN AND 4R ENERGY PARTNER WITH GREEN CHARGE NETWORKS FOR COMMERCIAL ENERGY STORAGE

• Partnership enables commercial use of second-life lithium-ion vehicle batteries

With more than 178,000 sales since its launch in late 2010, Nissan LEAF is the world's top-selling electric vehicle. As part of the company's commitment to sustainability and reducing greenhouse gas emissions, Nissan has conducted multiple research projects in Japan, the U.S. and Europe to use LEAF batteries outside the vehicle through 4R Energy, a joint-venture with Sumitomo Corp. formed in 2010.

Engineering teams from both companies have worked together for more than a year to ensure safety, reliability and performance of this offering for commercial customers.

The first combined storage unit will be installed at a Nissan facility this summer, where multiple Nissan LEAF batteries will be configured to offset peak electricity demand, creating savings while also benefiting the utility grid. Systems like this also can be paired with renewable energy sources such as wind or solar to further reduce a facility's environmental footprint and enhance energy savings.

'A lithium-ion battery from a Nissan LEAF still holds a great deal of value as energy storage, even after it is removed from the vehicle, so Nissan expects to be able to reuse a majority of LEAF battery packs in non-automotive applications,' said Brad Smith, director of Nissan's 4R Energy business in the U.S. 'Nissan looks forward to working with Green Charge Networks to get second-life vehicle batteries into the hands of customers who can realize benefits that include improved sustainability and lower energy costs.'

'This partnership is extremely important to the distributed energy storage industry,' said Vic Shao, CEO of Green Charge. 'This partnership is ultimately about power efficiency – reducing our carbon footprint, stress on the grid and energy costs.'

For more information on the Nissan 4R and Green Charge partnership please visit http://greencharge.net/nissan4r/.

About Green Charge

Green Charge provides the easiest way to save energy costs for commercial and industrial businesses, municipalities and schools. Our award-winning solution delivers industry leading savings, up to 50 percent in demand charges. We provide risk-free financed energy storage and software that time-shifts power use, and optimizes electric vehicle charging solar and energy efficiency measures. Founded in 2009, Green Charge is headquartered in Santa Clara, California, with offices in New York City. Visit Green Charge at www.greencharge.net.

About Nissan North America

In North America, Nissan's operations include automotive styling, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. Nissan is dedicated to improving the environment under the Nissan Green Program and has been recognized annually by the U.S Environmental Protection Agency as an ENERGY STAR® Partner of the Year since 2010. More information on Nissan in North America and the complete line of Nissan and Infiniti vehicles can be found online at www.NissanUSA.com and www.InfinitiUSA.com, or visit the U.S. media sites NissanNews.com and InfinitiNews.com.

About Nissan Motor Co.

Nissan Motor Co., Ltd., Japan's second-largest automotive company, is headquartered in Yokohama, Japan, and is part of the Renault-Nissan Alliance. Operating with more than 247,500 employees globally, Nissan sold 5.32 million vehicles and generated revenue of 11.38 trillion yen (USD 103.6 billion) in fiscal year 2014. Nissan delivers a comprehensive range of more than 60 models under the Nissan, Infiniti and Datsun brands. Nissan leads the world in zero-emission mobility, dominated by sales of the LEAF, the first mass-market, pure-electric vehicle. It is the best-selling EV in history with almost 50% share of the zero-emission vehicle segment.

For more information on our products, services and commitment to sustainable mobility, visit our website at http://www.nissan-global.com/EN/.

About 4R Energy Corporation

4R ENERGY Corporation (www.4r-energy.com), headquartered in Yokohama, Japan, was established in September 2010 as a new joint venture company between Nissan Motor Co., Ltd (www.nissan.co.jp) and Sumitomo Corporation (www.sumitomocorp.co.jp) to conduct research and field tests on the second-life use of lithium-ion batteries that have been used previously in electric vehicles. The companies designated the second-life use of lithium-ion batteries as the '4R business' (Reuse, Refabricate, Resell, Recycle), with the aim to enhance sustainability through the increase of renewable energy usage, as well as improving the overall value chain for mass-market.

Photo credit: Nissan
posted on conceptcarz.com

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