Pay Close Attention to these Game-Changers in the Vehicle-to-Grid Market March 06, 2025 - Baystreet.ca Vehicle-to-grid (V2G) companies like Nuvve Holding Corp. (NASDAQ: NVVE) and Chicago area utility company ComEd are exploring the benefits of the “benefits of bidirectional charging using electric school buses to support the grid,” as noted by Electrek.co. In fact, according to a Nuvve Holding press release, “Nuvve’s cutting-edge V2G technology transforms electric vehicles into reliable, dispatchable, and monetizable mobile energy storage assets, and our continued innovation—evidenced by our recent groundbreaking AC V2G project with Exelon—positions us at the forefront of this industry. This pilot will evaluate the value electric school buses can deliver to ComEd and its customers.” Even more impressive, analysts at EY say that smart-charging and V2G companies will play a significant role in cost-savings and grid stability as electric vehicle demand gains momentum. Not only is that a big catalyst for Nuvve Holding Corp., but also for companies such as Schneider Electric (OTC: SBGSY), SolarEdge Technologies (NASDAQ: SEDG), Heramba Electric (NASDAQ: PITA) and Toyota Motor (NYSE: TM). Look at Nuvve Holding Corp. (NASDAQ: NVVE), For Example Nuvve Holding Corp., a global leader in grid modernization and vehicle-to-grid (V2G) technology, today announced the launch of its new company in Japan, NUVVE Japan. This milestone marks the debut of Nuvve’s franchise business model, a strategic initiative to foster localized investment and accelerate international expansion. Nuvve enables local entities and investors to participate in the company’s growth by partially owning the regional business. This model ensures local investors can focus on market-specific opportunities while also offering the flexibility to participate in the future ownership of Nuvve Holding Corp.'s common stock. Additionally, investors can execute non-diluted actions upon exit, ensuring they can maximize returns without impacting existing shareholders. “This business model allows us to address new opportunities worldwide while mitigating our risks to our shareholders,” said Gregory Poilasne, CEO and Founder of Nuvve. “This is a win-win opportunity for the local investors who can benefit from Nuvve’s local success and for Nuvve to scale the business with localized sources of capital.” Nuvve appointed Masa Higashida to head the new business in Tokyo, Japan. With over 35 years of experience, Higashida is a serial entrepreneur, leading several fintech businesses throughout the Asia-Pacific region. The company’s expansion into Japan comes at a critical time, as the nation continues to invest in sustainable energy solutions and EV infrastructure. Nuvve’s innovative V2G technology enables electric vehicles to interact with the power grid, optimizing energy usage, reducing costs, and enhancing grid stability. “This business model is an ideal fit for Japan where both stationary battery and EV business are expanding rapidly,” said Higashida. “There is a tremendous opportunity and pent-up demand in Japan for V2G solutions, and Nuvve delivers the technology and ability to adapt to our grid infrastructure.” The launch of NUVVE Japan underscores Nuvve’s dedication to advancing clean energy initiatives globally, while its franchise model presents a unique opportunity for investors to actively shape the future of energy transition within their own markets. Other related developments from around the markets include: Schneider Electric, the leader in the digital transformation of energy management and automation, published details of its sustainability performance for the final quarter of 2024, alongside its full-year financial results. The company’s Sustainability Impact (SSI) score reached 7.55 out of ten, surpassing the 2024 end-year target of 7.40. Monitoring and reporting on the 11 global commitments of its SSI’s quarterly progress is fundamental to achieving the company’s goals tied to all dimensions of environmental, social, and governance (ESG). “In 2024, Schneider Electric was recognized by TIME and Statista as the World’s Most Sustainable Company. Earlier this year, we were honored to receive the same recognition from Corporate Knights as part of its Global 100 ranking – marking our second time topping this list and a first for any corporation. These remarkable achievements, alongside other key ESG recognitions inspire us to reach even greater heights in 2025,” said Chris Leong, Chief Sustainability Officer at Schneider Electric. “As we enter the final year of our Sustainability Impact program, we are determined to continue transforming ambition into action. There's still work ahead, but with the support of our extensive ecosystem, our people, and all our Impact Makers, we will succeed.” SolarEdge Technologies, a global leader in smart energy technology, announced its financial results for the fourth quarter ended December 31, 2024 and full year ended December 31, 2024. “There are exciting opportunities ahead for SolarEdge,” said Shuki Nir, CEO of SolarEdge. “We are just getting started on our turnaround story. The return to positive free cash flow generation in Q4 is a solid first step, and we expect to be free cash flow positive in Q1 2025 and for the full year 2025.” The Company reported revenues of $196.2 million, down 17% from $235.4 million in the prior quarter. Revenues from the solar segment were $189.0 million, down 15% from $222.1 million in the prior quarter. Heramba Electric, a global technology company focused on decarbonization of public and commercial transportation, announced that its wholly-owned subsidiary Kiepe Electric has been awarded a $26 million battery upgrade program by King County Metro in Seattle, Washington for enhanced In Motion Charging on its electric trolley buses. The three-year agreement will ensure enhanced in-motion charging capability for electric trolley buses and provide King County with upgraded battery packs that will deliver approximately three times the capacity of the original energy storage system (ESS). As a result, following deliveries in late-2024, the county will operate a more efficient e-mobility network, reducing carbon emissions and improving public transportation for the region. Toyota Motor North America shared further details regarding its commitment to develop a seamless home charging experience as the company prepares to ramp up for its next-generation electrified vehicles. With investment from Toyota’s growth fund Woven Capital, TMNA is collaborating with WeaveGrid to ensure that as more Toyota battery electric vehicles (BEV) and plug-in hybrid vehicles (PHEV) are introduced, these vehicles will be able to smoothly integrate with the electric grid, helping facilitate an efficient, equitable and resilient energy transition. “Toyota is committed to making investments in technologies and solutions to provide greater insights for our customers and electric utility partners into how vehicles will interface with their homes and the electric grid,” said Christopher Yang, group vice president, Toyota EV Charging Solutions. “With more Toyota BEV and PHEV customers than ever before, we are looking to ensure that they will be met with a high-quality experience that enriches their ownership journey.” Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Nuvve Holding Corp. by Nuvve Holding Corp. We own ZERO shares of Nuvve Holding Corp. Please click here for disclaimer. Contact: Ty Hoffer Winning Media281.804.7972[email protected]
Pay Close Attention to these Game-Changers in the Vehicle-to-Grid Market March 06, 2025 - Baystreet.ca Vehicle-to-grid (V2G) companies like Nuvve Holding Corp. (NASDAQ: NVVE) and Chicago area utility company ComEd are exploring the benefits of the “benefits of bidirectional charging using electric school buses to support the grid,” as noted by Electrek.co. In fact, according to a Nuvve Holding press release, “Nuvve’s cutting-edge V2G technology transforms electric vehicles into reliable, dispatchable, and monetizable mobile energy storage assets, and our continued innovation—evidenced by our recent groundbreaking AC V2G project with Exelon—positions us at the forefront of this industry. This pilot will evaluate the value electric school buses can deliver to ComEd and its customers.” Even more impressive, analysts at EY say that smart-charging and V2G companies will play a significant role in cost-savings and grid stability as electric vehicle demand gains momentum. Not only is that a big catalyst for Nuvve Holding Corp., but also for companies such as Schneider Electric (OTC: SBGSY), SolarEdge Technologies (NASDAQ: SEDG), Heramba Electric (NASDAQ: PITA) and Toyota Motor (NYSE: TM). Look at Nuvve Holding Corp. (NASDAQ: NVVE), For Example Nuvve Holding Corp., a global leader in grid modernization and vehicle-to-grid (V2G) technology, today announced the launch of its new company in Japan, NUVVE Japan. This milestone marks the debut of Nuvve’s franchise business model, a strategic initiative to foster localized investment and accelerate international expansion. Nuvve enables local entities and investors to participate in the company’s growth by partially owning the regional business. This model ensures local investors can focus on market-specific opportunities while also offering the flexibility to participate in the future ownership of Nuvve Holding Corp.'s common stock. Additionally, investors can execute non-diluted actions upon exit, ensuring they can maximize returns without impacting existing shareholders. “This business model allows us to address new opportunities worldwide while mitigating our risks to our shareholders,” said Gregory Poilasne, CEO and Founder of Nuvve. “This is a win-win opportunity for the local investors who can benefit from Nuvve’s local success and for Nuvve to scale the business with localized sources of capital.” Nuvve appointed Masa Higashida to head the new business in Tokyo, Japan. With over 35 years of experience, Higashida is a serial entrepreneur, leading several fintech businesses throughout the Asia-Pacific region. The company’s expansion into Japan comes at a critical time, as the nation continues to invest in sustainable energy solutions and EV infrastructure. Nuvve’s innovative V2G technology enables electric vehicles to interact with the power grid, optimizing energy usage, reducing costs, and enhancing grid stability. “This business model is an ideal fit for Japan where both stationary battery and EV business are expanding rapidly,” said Higashida. “There is a tremendous opportunity and pent-up demand in Japan for V2G solutions, and Nuvve delivers the technology and ability to adapt to our grid infrastructure.” The launch of NUVVE Japan underscores Nuvve’s dedication to advancing clean energy initiatives globally, while its franchise model presents a unique opportunity for investors to actively shape the future of energy transition within their own markets. Other related developments from around the markets include: Schneider Electric, the leader in the digital transformation of energy management and automation, published details of its sustainability performance for the final quarter of 2024, alongside its full-year financial results. The company’s Sustainability Impact (SSI) score reached 7.55 out of ten, surpassing the 2024 end-year target of 7.40. Monitoring and reporting on the 11 global commitments of its SSI’s quarterly progress is fundamental to achieving the company’s goals tied to all dimensions of environmental, social, and governance (ESG). “In 2024, Schneider Electric was recognized by TIME and Statista as the World’s Most Sustainable Company. Earlier this year, we were honored to receive the same recognition from Corporate Knights as part of its Global 100 ranking – marking our second time topping this list and a first for any corporation. These remarkable achievements, alongside other key ESG recognitions inspire us to reach even greater heights in 2025,” said Chris Leong, Chief Sustainability Officer at Schneider Electric. “As we enter the final year of our Sustainability Impact program, we are determined to continue transforming ambition into action. There's still work ahead, but with the support of our extensive ecosystem, our people, and all our Impact Makers, we will succeed.” SolarEdge Technologies, a global leader in smart energy technology, announced its financial results for the fourth quarter ended December 31, 2024 and full year ended December 31, 2024. “There are exciting opportunities ahead for SolarEdge,” said Shuki Nir, CEO of SolarEdge. “We are just getting started on our turnaround story. The return to positive free cash flow generation in Q4 is a solid first step, and we expect to be free cash flow positive in Q1 2025 and for the full year 2025.” The Company reported revenues of $196.2 million, down 17% from $235.4 million in the prior quarter. Revenues from the solar segment were $189.0 million, down 15% from $222.1 million in the prior quarter. Heramba Electric, a global technology company focused on decarbonization of public and commercial transportation, announced that its wholly-owned subsidiary Kiepe Electric has been awarded a $26 million battery upgrade program by King County Metro in Seattle, Washington for enhanced In Motion Charging on its electric trolley buses. The three-year agreement will ensure enhanced in-motion charging capability for electric trolley buses and provide King County with upgraded battery packs that will deliver approximately three times the capacity of the original energy storage system (ESS). As a result, following deliveries in late-2024, the county will operate a more efficient e-mobility network, reducing carbon emissions and improving public transportation for the region. Toyota Motor North America shared further details regarding its commitment to develop a seamless home charging experience as the company prepares to ramp up for its next-generation electrified vehicles. With investment from Toyota’s growth fund Woven Capital, TMNA is collaborating with WeaveGrid to ensure that as more Toyota battery electric vehicles (BEV) and plug-in hybrid vehicles (PHEV) are introduced, these vehicles will be able to smoothly integrate with the electric grid, helping facilitate an efficient, equitable and resilient energy transition. “Toyota is committed to making investments in technologies and solutions to provide greater insights for our customers and electric utility partners into how vehicles will interface with their homes and the electric grid,” said Christopher Yang, group vice president, Toyota EV Charging Solutions. “With more Toyota BEV and PHEV customers than ever before, we are looking to ensure that they will be met with a high-quality experience that enriches their ownership journey.” Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Nuvve Holding Corp. by Nuvve Holding Corp. We own ZERO shares of Nuvve Holding Corp. Please click here for disclaimer. Contact: Ty Hoffer Winning Media281.804.7972[email protected]