1. EDF Renewable Energy Leads Series A Round in Vehicle-to-Grid Startup Nuvve - Greentech Media

    EDF Renewable Energy Leads Series A Round in Vehicle-to-Grid Startup Nuvve - Greentech Media

    It's no secret that European utilities have made grid edge technology investments a strategic priority, with a growing focus on e-mobility solutions. This week, that trend continued with a new investment from EDF Renewable Energy. EDF RE announced Monday that it has closed on Series A financing for vehicle-to-grid technology company Nuvve Corporation in partnership with Toyota Tsusho, and with additional support from an unnamed private equity fund.

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  1. Quotes

    1. C&Is are increasingly asking for electric-vehicle charging infrastructure to offer the onsite benefit to employees and customers. EDF RE can deliver cost-effective, clean and reliable solar power to charge the EVs, while Nuvve brings a V2G solution that can reduce charging costs and serve the local grid.
    2. We're delighted to have two strategic partners leading this financing round.
    3. EVs, EV charging and transportation is the No. 1 area of interest for our utilities.
  2. Topics Mentioned

  3. Categories

    1. Electricity Source:

      Solar Photovoltaic, Wave, Tidal, Hydro, Wind
    2. Storage Market:

      Commercial & Industrial, Military, Residential & Community & Microgrid, Smart Grid, Utility Grid, Vehicle-to-Grid/Home
    3. Storage Technology:

      Compressed Air/Gas, Flow Battery, Flywheel, Hydrogen, Lead, Liquid Metal, Lithium, Magnesium, Mechanical Storage, Nickel, Sodium, Supercapacitors, Vanadium, Zinc
    4. Article Types:

      Null, Reports and Conferences