FlexiSolar awarded UK Government funding for its vehicle to grid (V2G) project

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New technology which will unlock the potential for electric vehicles to help power people’s
homes is being boosted by almost £30 million in government funding; which a project
developed by FlexiSolar will see a slice of.

The funding has been awarded to 21 V2G projects, to pay for research and design and
development, with the aim of exploring and trialling both the technology itself and
commercial opportunities.

Through the Industrial Strategy, the government is committed to becoming a world leader in
shaping the future of mobility and in the design and development of the clean technologies
of the future. This investment will help deliver on that ambition, supporting vehicle-to- grid
(V2G) technologies that could enable electric cars and other vehicles to deliver electricity
back to the smart grid, to light homes and power businesses.

These schemes, including the project from FlexiSolar, will demonstrate how energy stored in
electric vehicle batteries could be borrowed by the electricity system during peak hours,
before being recharged during the off-peak in time for their drivers to set off on their next
journey. The FlexiSolar SmartHubs II, V2G project, combines clean green renewable power
generation through solar carparking, with the flexibility of smart battery energy storage system from electric vehicles.

Transport Minister, Jesse Norman said:

“As the number of electric vehicles grows and their
battery capabilities increase, there is a huge opportunity for them to make a significant
contribution to a smart grid. These projects are at the cutting edge of their field. Just like the visionary designs of Brunel and Stephenson in transport, they could revolutionise the ways in which we store and manage electricity, both now and in the future.”

Business Minister Richard Harrington said:

“The UK’s automotive industry is a great British
success story, and as set out in our ambitious Industrial Strategy we are determined to lead the way in innovative, low-emission vehicle production. We have shown that growing the economy while cutting emissions, can, and should, go hand in hand. Vehicle-to- grid technology provides another opportunity for the UK to showcase to the world our leading expertise in game-changing automotive and low carbon technologies.”

The investment will help deliver on the government’s ambition, set out in the recently
published Automotive Sector Deal, to be at the forefront of low-emission and electric vehicle
production, powering the next generation of innovative, environmentally-friendly vehicles.

The competition for government funding, run by Innovate UK, saw FlexiSolar join a host of
winners; including SSE Services, Nissan, OVO Energy, Octopus Energy, Cisco, and AT

Innovate UK recently concluded the assessment process, with OLEV and BEIS providing
almost £30 million to grant fund industry led collaborative R&D in electric ‘vehicle to grid’
technology for up to 70% of project costs.

FlexiSolar has pledged to announce more specific details for its V2G project shortly.

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