Nuvve and Maine Maritime Academy to Apply Vehicle-to-Grid (V2G) Solutions to Maritime Industry Use Cases
Parties Agreed to Establish a Center for Maritime V2G at Maine Maritime Academy
To Advance Programs and Capabilities such as Interoperability Qualification, Data Science, Cybersecurity and Artificial Intelligence, focused on Energy and Maritime Applications Research for V2G
SAN DIEGO and CASTINE, ME (Aug. 10, 2022) – – Nuvve Holding Corp. (Nasdaq: NVVE), a global cleantech company electrifying the planet through its intelligent energy platform, and Maine Maritime Academy (MMA), a public maritime college focused on engineering, management, science, and transportation, signed a Memorandum of Understanding (MOU) to create a framework of vehicle-to-grid (V2G) clean-energy solutions across a myriad of maritime applications. With MMA’s concerted efforts in engineering and technology for maritime applications, the collaboration is a perfect fit for Nuvve’s efforts to expand their technology into nautical applications.
Nuvve is known for commercially deploying its patented vehicle-to-grid (V2G) technology, which aggregates stored energy from electric vehicle (EV) batteries and forms a virtual power plants that can add capacity to the grid and perform services that help stabilize the grid and prevent blackouts.
“The Center for Maritime V2G established by Nuvve and MMA will serve as an operational maritime V2G hub to demonstrate the application of Nuvve’s V2G technology in maritime use cases at ports, islands and waterways,” said Ted Smith, president and Chief Operating Officer of Nuvve. “Integrating Nuvve’s patented V2G technology into maritime infrastructure enables electrified transportation – including marine vessels – to become valuable grid resources.”
MMA will expand its current academic and certification programs to include delivery of workforce training in V2G-related data science, operations, cybersecurity, and artificial intelligence. This will also include interoperability qualification, which is critical to test and qualify combinations of vehicles/vessels/stationary storage and charging stations with Nuvve’s V2G platform.
“The programs developed through this strategic collaboration will allow Nuvve to dive deeper into the use of maritime V2G, while also developing cybersecurity risk management and AI tools specifically for maritime industry projects and applications,” said Gregory Poilasne, co-founder and CEO of Nuvve. “This ‘vessel-to-grid’ solution can impact a variety of maritime use cases, where ships and other vessels can store and give energy back to grids via ports, islands and waterways.”
“We are always looking for new ways to involve students in cutting-edge technologies and projects that have real-world applications,” said Jerry Paul, President of Maine Maritime Academy. “This exciting collaboration which involves real-world applications will help better prepare students by unlocking new, innovative technologies and services to help communities and the planet move forward into a world less reliant on fossil fuels.”
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About Maine Maritime Academy
Maine Maritime Academy is a co-educational, public college on the coast of Maine offering 22 programs of study in engineering, management, science, and transportation to promote the maritime interests of the United States. The college serves approximately 950 undergraduate and graduate students in career-oriented degree programs. The job placement rate for MMA graduates is approximately 90 percent within 90 days of graduation with very high-paying jobs. The college is consistently recognized for providing a high-value education by organizations such as the Brookings Institution, U.S. News and World Report, and Money Magazine. The 2022 Report by Georgetown University ranked MMA #1 among all public colleges for return on investment for low-income students at public bachelor’s degree institutions.
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, Calif. 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.
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Nuvve Forward-Looking Statements
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