Nuvve Corporation is selected as a V2G system provider in Japan’s first ever V2G Aggregator Project by Toyota Tsusho Corporation and Chubu Electric Power Co., Inc.
Date: July 24, 2018
Source: Nuvve Corporation
SAN DIEGO, July 24, 2018 – Nuvve Corp. has been selected as a Vehicle to Grid (V2G) system provider of V2G demonstration project by Toyota Tsusho Corporation and Chubu Electric Power Co. Both companies had already been selected for awards to initiate a “V2G Aggregator Demonstration Project” as a part of the Ministry of Economy, Trade and Industry Agency for Natural Resources and Energy’s “FY2018 Subsidies for Virtual Power Plant Demonstration Project for Improvement of Energy Management in Demand Side.” Nuvve’s purpose of the project is to demonstrate Nuvve’s V2G aggregator technology in the Japanese market, guide Japanese market regulations, and provide Japan’s electrical system with solutions for managing their grid. This demonstration project began on May 29th 2018.
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