Estimated Reading Time: 2 minutes
Nuvve Holding Corp is a global cleantech company that electrifies the planet through the intersection of energy, transportation, and energy. Power Electronics, the first manufacturer of solar inverters to power utility-scale photovoltaic plant in America, Oceania, and Europe, announced an agreement to combine Nuvve’s vehicle to grid (V2G), GIVe(tm), platform with Power Electronics charging station technology. This will help to intelligently electrify cars and achieve global decarbonization. Power Electronics will now be able to add Nuvve V2G certified capabilities to their bidirectional chargers
Power Electronics can use Nuvve’s cloud-based software to allow them to go beyond bidirectional chargers. This allows an electric vehicle (EV), to send energy back into the grid. EVs are able to provide capacity and services to stabilize the grid and prevent blackouts. Nuvve’s cloud-based software allows EVs to store energy from both intermittent sources like solar and wind. This helps increase renewable energy integration while still prioritizing driver mobility needs.
Lynn Ames, vice-president of partnerships at Nuvve, stated that by working with Power Electronics, we are diversifying our high-powered V2G charger offerings for customers around the globe. This collaboration allows electric fleets to be integrated into the grid in a way that makes it more flexible, reliable, resilient, and adaptable. This collaboration is crucial to reduce greenhouse gas emissions further and slow climate change.
Power Electronics uses the most advanced technology at its manufacturing plant. Vertical integration is one of its key features. Power Electronics promotes renewable energy around the world through its three main divisions, solar energy, energy storage, and electrical mobility.
Ron Puryear, vice-president and general manager of Power Electronics USA, stated that “By integrating Nuvve’s technology, we will attain a solution which will have a direct effect on decarbonization.”
The integration between the companies will be completed by the end the year. Customers in Europe will first receive unidirectional and bilateral charging using Nuvve’s V2G-certified options. After that, a gradual rollout to a global alliance is planned. This high-powered solution will expand Nuvve’s current line-up of medium- and heavy duty charging stations for fleet customers.
Nuvve is at the heart of an ecosystem that includes EV dealers, automakers, charging infrastructure providers and technology solutions providers. It also offers turnkey energy management solutions to different fleet types throughout Europe, Asia and North America. Nuvve’s platform helps to lower the cost of owning EVs and creates a more sustainable grid.