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home / news releases / NVVE - Nuvve enters into strategic partnership with Swell Energy

NVVE - Nuvve enters into strategic partnership with Swell Energy

Nuvve Holding Corp.
Cleantech company Nuvve (NASDAQ:NVVE) has entered into a strategic partnership with grid services company Swell Energy to offer combined solar, stationary battery storage, and intelligent EV charging solution for residential and commercial markets. The companies aim to advance distributed energy resource (DER) management technology in both markets markets. As an initial target, 2 MW of capacity from existing Swell utility contracts will be made available for Nuvve to access in 2022 with opportunities for significant growth in the near future. Integrating Nuvve EV resources with Swell's virtual power plants will provide the grid with flexibility and allows Nuvve to earn grid service revenue.

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Nuvve enters into strategic partnership with Swell Energy
Stock Information
Company Name: Nuvve Holding Corp.
Stock Symbol: NVVE
Market: NASDAQ
Website: nuvve.com
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