Nuvve Holding Corp. and Power Electronics announced an agreement to integrate Nuvve’s vehicle-to-grid GIVe platform with Power Electronics’s charging station technology to help intelligently electrify vehicles and help achieve global decarbonization goals. Through the partnership, Power Electronics will add Nuvve V2G-certified capabilities to its existing bidirectional chargers.
Nuvve’s cloud-based software allows Power Electronics to go beyond bidirectional charging – that is, allowing an electric vehicle to send energy back to the grid – by enabling EVs to provide capacity and services that help stabilize the grid and prevent blackouts. By allowing EVs to store energy, including that from intermittent sources such as solar and wind, Nuvve’s system helps increase renewable energy integration, while always prioritizing the mobility needs of the driver, the company says.
Integration between the companies is targeted to be complete by the end of the year to provide unidirectional and bidirectional charging with Nuvve’s V2G-certified options for customers first in Europe, followed by a steady rollout into a global alliance.