Octave featured in Energy Storage News 📰
While the traditional lithium-ion battery value chain is dominated by China, Europe is spearheading the creation of a second-life battery ecosystem. Octave has been mentioned as one of the leaders in the space by reference journal.
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Octave interviewed by BX1 🎥
Octave was interviewed by Belgian Television Channel BX1 to discuss the tech start-up landscape in Brussels, with a special focus on batteries.
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Circular battery connected to large Solar Farm 🔋
Octave commissioned a battery cabinet with a storage capacity of 75 kWh on July 19th. The system was entirely designed by Octave and built with battery modules that were originally used in a Porsche Taycan. The modules still hold sufficient usable capacity to deliver excellent performance in this stationary energy storage application.
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Octave closed its seed funding round 🌱
Octave has closed a €2M seed funding round, co-led by private investors SPDG ventures, the family office of the Périer-D’Ieteren family and U2P, the investment group of Ismaël Ben-Al-Lal, and supported by top-tier institutional investors EIC Accelerator Fund and Innoviris. The funding also includes contributions from SimpliCity, an impact fund investing in urban tech and the imec.istart fund.
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Octave installed a 2nd-life battery system prototype🔋
Octave has installed a second-life battery prototype of 6 kWh. The battery modules were sourced from an electric car built in 2013.
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Octave's first battery is live! 🔋
D-Day for Octave! We are installing our first battery pack at Ipalle's waste incinerator site in Thumaide. The storage system has a capacity of 67 kWh and 60 kW. It will optimize Ipalle's imbalance position and hence contribute to the stability of the Belgian high voltage power grid. The performance of the battery can be followed directly on our Energy Management Page
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