U.S. Firm Aims To Power European Stadiums With Old Car Batteries

[Brian W + 78]

U.S. industrial conglomerate Eaton, which uses second-hand Nissan electric vehicle batteries to power buildings, is in talks with up to six European football stadiums to help power their facilities.

Eaton, a New York-listed firm that makes hydraulics, truck transmissions and other industrial products, says the market is niche but expects it to grow up to 20 times between now and 2022.

In Europe, Middle East, and Africa, Eaton estimates the potential market value to be $2.3 billion by 2025.

It has already equipped the Netherlands’ Johan Cruyff Arena, the legendary home of the Ajax football team, among other buildings, with what it calls “second-life batteries”. 

https://www.reuters.com/article/us-eaton-corp-power-batteries/car-trash-to-cash-u-s-firm-aims-to-power-european-stadiums-with-old-car-batteries-idUSKCN1TP1JM