This year we started with three major announcements from our clients. One was a $50M investment by Microsoft in LanzaJet to complete construction on their biorefinery in Georgia. The other was a $40M investment by Carlyle and Verizon Ventures in Fermata Energy. This is in addition to an announcement Fermata Energy made with Electric Frog and National Grid on the success of their vehicle-to-grid project in Rhode Island.
Electric Vehicle Generates Revenue and Energy Savings Paving the Way for Mainstream Adoption of Vehicle-to-Everything (V2X) Technology
Why vehicle-to-grid technology is becoming critical to utilities and local governments climate and cost-saving strategy
For the governments and utilities to be meet their goals of transitioning to renewable energy and electric vehicles, massive battery storage is needed to scale. They can do that through the use of vehicle-to-grid equipped electric vehicles and the V2G system to help transfer the power from the vehicle to the building.
Roanoke Electric Cooperative To Pilot Cutting-Edge Vechicle-to-Grid Technology
Roanoke Electric Cooperative is the first utility to test the viability of vehicle-to-grid technology as a means to unlock additional value streams for the Cooperative’s member-owners while making the option to go electric more affordable while helping the utility use its grid more efficiently.