Agreement adds three stationary batteries in Kyoto and Toki, increasing grid service capabilities through an existing partnershipSAN DIEGO, Dec. 15, 2022 /PRNewswire/ — Nuvve Holding Corp. (Nasdaq: NVVE), a global cleantech company electrifying the planet through its intelligent energy platform, and Japan’s Chubu Electric Power Miraiz Company (Chubu), a high-tech demand response company, are strengthening an existing commercial agreement with the addition of three stationary, vehicle-to-grid (or V2G) capable lithium-ion batteries in two new locations in Japan to enhance grid service capabilities. The batteries are expected to serve both as a power source and to provide a variety of balancing and demand response services to the grid.
Chubu and Toyota Tsusho Corporation partnered with Nuvve in order to receive approval from the Japanese transmission system operator (TSO) earlier in…