V2G specialist Nuvve and China’s Great Power team up on grid integrated batteries
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V2G tech company Nuvve and battery specialist Guangzhou Great Power Energy and Technology Corporation have announced a strategic partnership to accelerate the deployment of stationary storage batteries and their integration with the power grid.
By leveraging Nuvve’s expertise in energy management, flexibility, monetisation and aggregation platforms, Great Power aims to expand its global footprint while enabling savings and new revenue streams for its customers.
The partnership will further enable consumers, fleet operators, utilities, municipalities and public organisations to optimise energy usage, reduce costs and support the integration of renewable energy sources such as solar and wind.
A key milestone will be the completion of the integration of the Great Power battery solutions with Nuvve’s EMS and GIVe platform, a bidirectional energy management solution, in Q3 2024.
Nuvve and Great Power will solidify the commitment of both organizations in a long-term relationship aimed at driving innovation and sustainability in the electric vehicle and renewable energy sectors by packaging a joint offer, including EV infrastructure, stationary storage, and energy management.
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Initial deployments include Nuvve’s RESCHOOL and Fresno projects, as well as deployments at other select school districts. The two companies are also working on a combined project pipeline throughout North America, Europe, and Asia.
Gregory Poilasne, CEO of Nuvve, stated in a release: “By integrating stationary storage solutions at the edge of the grid where it is the weakest, we’re able to strengthen it while enabling a smarter integration of EVs and renewables.”
Added Yang Xia, head of Great Power global ESS of Great Power, “I am thrilled to announce our partnership with Nuvve to deploy advanced battery systems for electric vehicle charging solutions.
“Great Power’s state-of-the-art battery technology, powered by Nuvve’s industry leading software platform will significantly reduce cost and charging times, helping to eliminate one of the main barriers to EV adoption and paving the way towards a more sustainable future and asserting our leadership in global battery technology.”
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Some of the key aspects of the partnership include:
- Nuvve serving as the preferred energy manager and flexibility aggregator for Great Power solutions.
- Great Power supplies Nuvve-branded pre-validated BESS that are pre-integrated with Nuvve’s GIVe platform, enhancing the value proposition for customers seeking optimised energy solutions.
- Mutual interests in accelerating the electrification of vehicles, providing energy management and aggregation software platforms, enhancing smart charging and V2G services, and unlocking new sources of savings and revenues for customers.
The Nuvve-Great Power integrated solution will further enable lower energy costs, resiliency via microgrid, and system control of charging and discharging to utility service limitations.
“Our techno-economic modelling demonstrates significant energy savings from Nuvve’s total energy management for customers, particularly in areas with high energy rates or demand charges,” said Hamza Lemsaddek, Nuvve’s vice president of Technology and Astrea AI.
“In the San Diego area, a typical school district purchasing energy from the local utility could save up to 40% or more on their bill by adding in a single Nuvve 400kWh BESS. V2G technology and grid services like demand response increase those savings.”
Dr Evan Bierman, president of Great Power North America, added: “We are witnessing a remarkable era of growth in the sectors of energy storage and electric vehicle (EV) charging, pivotal to advancing the clean energy transitions.”
“By collaborating with local partners, we aim to tailor our cutting-edge solutions to better meet the unique needs of the American market and ensure that the infrastructure for EVs is both robust and resilient. This strategic move not only enhances the US supply chain but significantly bolsters the local economies and supports the US in maintaining its competitive edge in green technology on the global stage.”
