Nuvve plans to install up to 200 V2G DC fast charging stations to charge and discharge Blue Bird electric buses coming off the production line in Georgia
SAN DIEGO, Nov. 10, 2021 /PRNewswire/ — Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a global cleantech company electrifying the planet at the intersection of energy and transportation through its intelligent energy platform, announced today its plans to install and commission up to 200 Nuvve V2G DC 125kW fast charging stations with dual dispensers at Blue Bird Corporation’s (Blue Bird) delivery facility in Fort Valley, Georgia. This will create a first-of-its-kind V2G hub that will help optimize the utilization of electric buses and allow them to act as energy storage assets while waiting to be transported around the country. The V2G hubs fulfill the vision Nuvve announced earlier this year to provide storage solutions and capacity for local grids.
Nuvve will create the V2G hub in the ready-for-delivery (RFD) lot on Blue Bird’s facility where electric buses coming off the production line will be stored. Blue Bird Vision Type C and All American Type D buses currently come standard with Nuvve V2G integration for bidirectional charging. The buses will be plugged in as they come off the line and await pickup for delivery to Blue Bird dealerships and fleet customers. Instead of having the electric buses sitting idle at or near full battery capacity or almost empty – factors that can degrade battery storage potential – Nuvve’s leading V2G software platform will charge and discharge energy at rates optimal for battery health. Nuvve will also charge the buses when energy rates are low to minimize utility bills.
“This is another exciting step for Blue Bird and our partner, Nuvve, as we lead the journey of school bus fleet electrification while also optimizing how that fleet integrates with the grid to efficiently use energy and enhance the resiliency of the country’s electricity supply,” said Trevor Rudderham, senior vice president for electrification at Blue Bird. “Blue Bird is already at the forefront of V2G and this makes further use of the standard bidirectional capability on every EV we sell.”
Additionally, Nuvve’s system will enable the buses to store energy and aggregate multiple, parked buses in a virtual power plant (VPP) to create capacity of up to 25 MW. This will provide power back to the grid at critical times that could help reduce the peak consumption of more than 10,000 homes.
“This V2G hub will serve as a blueprint for large-scale school bus fleet deployments across the country,” said Gregory Poilasne, chairman and CEO of Nuvve. “In order to meet climate challenges, we must introduce electric vehicles to the grid in a smart, integrated way and our intelligent energy platform allows us to do that by transforming these vehicles into energy storage assets. We are grateful for electrification partners like Blue Bird who see the benefits V2G can provide to fleet owners and communities.”
Nuvve plans to execute agreements with local utilities to take advantage of what V2G offers including ratepayer benefits from peak demand reduction, portfolio flexibility, and system efficiencies from the capacity provided by the Blue Bird buses.
Site development is planned to begin before the end of the year.
About Nuvve Holding Corp.
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. Nuvve is headquartered in San Diego, California, and can be found online at nuvve.com.
Nuvve and associated logos are among the trademarks of Nuvve and/or its affiliates in the United States, certain other countries and/or the EU. Any other trademarks or trade names mentioned are the property of their respective owners.
