The Circular Economy 100 (CE100) Network provides a pre-competitive space to learn, share knowledge, and build new collaborative approaches. “The network aligns perfectly with our ethos on working with partners to create new collaborations, advancing the work we do using second life batteries,” said Matthew Lumsden, Connected Energy CEO.
The network welcomed a new cohort of ten innovators and thought leaders at the end of September who, like Connected Energy, are already prototyping and scaling circular business models, products, and materials.
The CE100 believe that most global businesses understand that in order to remain competitive, a circular economy must feature in their strategy. Success requires significant individual effort but serious actors also acknowledge the necessity to work collectively to build new markets.
“We’re looking forward to developing our connections with other CE100 partners to see where we can both learn from their expertise and help bring added value to their circular economy approaches,” said Matthew.
The Ellen MacArthur Foundation was launched in 2010 to accelerate the transition to a circular economy. Since its creation the charity has emerged as a global thought leader, establishing the circular economy on the agenda of decision makers across business, government, and academia.
To learn more about the CE100 Network visit: https://www.ellenmacarthurfoundation.org/our-work/...
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About Connected Energy
Connected Energy is an engineering led innovator in energy storage. Its technologies that utilise second life electric vehicle batteries are rapidly changing the way intensive energy users can access the benefits of low-cost, on-site solutions. The E-STOR system is modular and scalable as well as straight forward to install and operate for energy intensive clients to flexibly control and reduce their energy costs, and develop new revenue streams.
The company provides a range of solutions from system feasibility assessments and system design, through to standard and bespoke system supply, equipment installation, maintenance and operation. A team of specialists provide end-to-end expert support to help clients realise value: storing excess energy to release it when needed; drawing on stored energy to optimise energy strategies; using the stored energy at times of peak demand or when tariffs are high.
Connected Energy has deployed systems in the UK and Europe and has recently secured £5m investment from ENGIE New Ventures, Sumitomo Corporation, Macquarie Bank and Turquoise Capital.