Welcome to our dedicated page for Nuvve Holding news (Ticker: NVVE), a resource for investors and traders seeking the latest updates and insights on Nuvve Holding stock.
Nuvve Holding Corp. (Nasdaq: NVVE) is an energy technology company that focuses on intelligent energy management, vehicle-to-grid (V2G) capabilities, and energy storage. News about Nuvve frequently covers its efforts to turn batteries, electric vehicles, buildings, and distributed assets into dynamic grid resources using its advanced platform for flexible energy.
Investors and observers following NVVE news can expect regular updates on the company’s strategic focus on energy storage and microgrids, as described in its letter to stockholders. Recent announcements highlight a shift toward stationary energy storage systems and microgrids in regions such as Northern Europe, the United States, Japan, and South Korea, while continuing to support V2G innovation.
Nuvve’s news flow also includes project and partnership announcements. Examples include Nuvve New Mexico’s Battery-as-a-Service projects with Kit Carson Electric Cooperative in northern New Mexico, a memorandum of understanding with the City of Socorro and Socorro Electric Cooperative to advance electrification and grid resilience, and Nuvve Japan’s grid-scale battery energy storage project in Mino City, Gifu Prefecture. In Europe, Nuvve Denmark’s collaboration with E&B Renewables to develop battery energy storage systems in Denmark and the Nordic and Baltic countries is another recurring topic.
Capital markets and listing-related developments are another important category of NVVE news. Press releases describe Nuvve’s reverse stock split, private placements of Series A Convertible Preferred Stock and warrants, an equity line of credit facility, and subsequent confirmation from Nasdaq that the company has regained compliance with minimum bid price and stockholders’ equity rules. Readers can also find coverage of Nuvve’s participation in Korea’s national-scale energy storage systems auction through the NuvveVolt consortium.
This news page aggregates these types of updates so that users can review Nuvve’s project pipeline, regional initiatives, financing actions, and regulatory milestones in one place.
Nuvve Holding Corp. (Nasdaq: NVVE) has partnered with Stonepeak Partners and Evolve Transition Infrastructure LP (NYSE American: SNMP) to establish Levo Mobility LLC, a joint venture aimed at expediting the electrification of transportation through vehicle-to-grid (V2G) technology. With a capital commitment of up to $750 million, Levo will focus on electrifying fleet operations, particularly in school buses, offering Fleet-as-a-Service solutions without upfront costs. Nuvve's V2G platform allows EVs to store and return energy to the grid, supporting renewable integration and grid stability.
Nuvve Holding Corp. (Nasdaq: NVVE) announced its selection as the energy technology provider for school districts in San Diego and Durango, enhancing its vehicle-to-grid (V2G) network. This initiative aims to electrify school buses, aligning with the Biden administration's infrastructure plan, which allocates $7.5 billion toward replacing diesel buses. Nuvve's V2G technology promises to lower ownership costs of electric school buses to match or beat diesel rates. The company has deployed over 120 V2G charging stations across North America, facilitating the integration of renewable energy and stabilizing the grid.
Nuvve Holding Corp. (Nasdaq: NVVE) will join the Russell Microcap® Index on June 28, 2021, following the reconstitution by Russell Investments. This inclusion is seen as a significant milestone that may attract institutional investors, enhancing liquidity and visibility for shareholders. Nuvve specializes in vehicle-to-grid (V2G) technology, aiming to electrify transportation while reducing costs associated with electric vehicle ownership. The company has operated V2G charging solutions in Europe and is expanding its services in the U.S. with electric vehicle fleets, including school buses.
Nuvve Holding Corp (Nasdaq: NVVE) will participate in the Roth Capital Partners Virtual London Conference from June 21-23, 2021. Executives Gregory Poilasne, Ted Smith, and David Robson will engage in virtual one-on-one meetings during the conference, which features over 130 companies across various sectors. Nuvve is a leader in electrifying transportation through its vehicle-to-grid (V2G) technology, aiming to reduce electric vehicle ownership costs and enhance renewable energy integration.
Nuvve Holding Corp (Nasdaq: NVVE) announced that its subsidiary, Nuvve Denmark ApS, will participate in the Horizon 2020 project called V2Market. This initiative aims to develop business models for mainstreaming vehicle-to-grid (V2G) and vehicle-to-building (V2B) services in Europe, particularly addressing the challenges in Spain. The project will start in September 2021 and last up to 36 months, focusing on market analysis and pilot testing. Nuvve's V2G technology aims to optimize electric vehicle charging while supporting renewable energy integration.
Nuvve Holding Corp. (Nasdaq: NVVE) and Romeo Power (NYSE: RMO) have announced a collaboration to integrate Nuvve's vehicle-to-grid (V2G) technology with Romeo's battery management system (BMS). This integration aims to make Romeo's battery systems V2G compatible, optimizing energy storage and grid stability. The collaboration will facilitate data sharing with OEM partners to enhance battery warranties and reduce electric vehicle (EV) ownership costs. Both companies emphasize innovation in electrification to accelerate EV adoption while ensuring safety and reliability.
Nuvve Holding Corp, a leader in electric vehicle electrification, will participate in Craig-Hallum's 18th Annual Institutional Investor Conference on June 2, 2021. CEO Gregory Poilasne, COO Ted Smith, and CFO David Robson will be present at this virtual event.
Investors can schedule one-on-one meetings with management through Craig-Hallum or by contacting Lytham Partners. Nuvve is focused on its proprietary vehicle-to-grid (V2G) platform, enhancing electric vehicle ownership affordability while supporting renewable energy integration.
Nuvve Holding Corp. (Nasdaq: NVVE) has partnered with Spirii to deploy vehicle-grid integration (VGI) technology across Denmark and Northern Europe. This collaboration aims to enhance electric vehicle (EV) charging solutions, integrating both companies’ platforms for unidirectional (V1G) and bidirectional (V2G) services. Nuvve's existing operations in Denmark have established a foundation in V2G applications, facilitating frequency regulation for the Danish grid. The partnership seeks to meet growing demand for VGI solutions, further supporting renewable energy integration and reducing operational costs for EV fleets.
Nuvve Holding Corp (NASDAQ: NVVE), a leader in electrification of transportation, announced that CEO Gregory Poilasne, COO Ted Smith, and CFO David Robson will present at Needham's 16th Annual Technology & Media Conference on May 20, 2021, at 3:00 PM ET. The event will be virtual. A webcast of the presentation can be accessed on the company's investors' page. The management team will also hold one-on-one meetings with investors on the same day. Nuvve aims to lower electric vehicle costs and support renewable energy through its vehicle-to-grid technology.
Nuvve Holding Corp. (Nasdaq: NVVE) reported preliminary financial results for Q1 2021, revealing total revenue of $0.8 million, down 15% from $0.9 million in Q1 2020. The net loss increased to $5.4 million, largely due to a rise in expenses. The company completed a business combination with Newborn Acquisition Corp., raising $62 million. Additionally, Nuvve formed a joint venture with Stonepeak Infrastructure Partners to finance a V2G solution for fleets, and launched its V2G hub and TaaS offering aimed at reducing electrification costs for fleets.