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Fresno Economic Opportunities Commission (EOC) Partners with Nuvve Holding Corp. to Power a Green Future in Fresno

Jul 23, 2024almost 2 years ago

Contract Type

partnership

San DiegoEnergyTransportationRenewable EnergyElectric Vehicle

Description

Nuvve Holding Corp. and Fresno EOC have formed a partnership to implement a new energy project in Fresno aimed at improving air quality, reducing operational costs, and supplying additional electricity to the grid during peak hours. The $16 million award will be used to electrify Nuvve's operations, install a solar farm, solar canopies, 56 charging stations, and transition gas vehicles into a 50-shuttle electric fleet.

Company Information

Company

Nuvve

Location

San Diego, California, United States

About

Nuvve Holding Corp. (Nasdaq: NVVE) is leading the electrification of the planet, beginning with transportation, through its intelligent energy platform. Combining the world’s most advanced vehicle-to-grid (V2G) technology and an ecosystem of electrification partners, Nuvve dynamically manages power among electric vehicle (EV) batteries and the grid to deliver new value to EV owners, accelerate the adoption of EVs, and support the world’s transition to clean energy. By transforming EVs into mobile energy storage assets and networking battery capacity to support shifting energy needs, Nuvve is making the grid more resilient, enhancing sustainable transportation, and supporting energy equity in an electrified world. Since its founding in 2010, Nuvve has successfully deployed V2G on five continents and offers turnkey electrification solutions for fleets of all types.

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