Nuuve

Nuvve Holding Corp. engages in the provision of a commercial vehicle-to-grid (V2G) technology platform. Its V2G technology, Grid Integrated Vehicle (GIVeTM) platform, enables its users to link multiple electric vehicle (EV) batteries into a virtual power plant to provide bi-directional services to the electrical grid. The firm also enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provide other grid services. The company was founded in 2010 and is headquartered in San Diego, CA.

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Nuvve reports revenue growth and strategic project expansions in Q1

Nuvve's Q1 2024 performance showed revenue growth and improved margins.
The company's focus on V2G technology and EV adoption presents growth opportunities.
Challenges include managing inventory levels and meeting revenue targets.
Overall, Nuvve's financial position strengthened with increased cash and project expansions.

Nuvve reports Q2 revenue decline, eyes growth in energy services

Nuvve faced revenue challenges in Q2 2024 due to delays in EPA funding and order issues, impacting total revenues and revenue recognition timelines.
Despite revenue setbacks, the company showed improved margins, tight cash management, and growth potential in energy management services.
Strategic partnerships, project progress, and resilience in the school bus business signal opportunities for future growth and market expansion.
While facing challenges, Nuvve's focus on financial management and growth initiatives positions it for long-term success and market resilience.

Nuvve reports robust Q3 results, eyes growth through strategic partnerships

Nuvve's Q3 2024 earnings call highlighted strong financial performance, strategic partnerships, and growth prospects. The company's emphasis on expense reduction, margin improvement, and revenue diversification bodes well for future success. Challenges lie in maintaining growth momentum and navigating market dynamics.

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Investor conference call to be held at 10 AM Eastern Time SAN DIEGO , March 28, 2023 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), the global leader in vehicle-to-grid (V2G) technology, announced today that it will conduct a conference call to review the financial results for the fourth quarter and full year 2022 at 10 AM ET (7 AM PT) Friday, March 31, 2023. The Company plans to issue a press release detailing its results before market open that same day.

Nuvve to Report Fourth Quarter and Full Year 2022 Financial Results on Friday, March 31, 2023

Nuvve's GIVe™ platform is expected to manage an initial 40 megawatts of electric vehicle (EV) fast charging and stationary storage capacity at 50 Circle K service stations with roll out beginning early 2023 Nuvve's cloud-based software will allow fast chargers to provide a variety of grid services including frequency regulation, generating revenue for Circle K and Nuvve by stabilizing deviations in the Norwegian and Danish electric grid Partnership exemplifies flexibility, diversity and reach of Nuvve's technology application SAN DIEGO , Feb. 16, 2023 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE) and Circle K AS are partnering on a first-of-its-kind project that brings grid services, including frequency regulation, to electric vehicle fast chargers at 50 of Circle K's service stations and three to five stationary storage sites in Norway and Denmark. The partnership is expected to generate grid services revenues for both Nuvve and Circle K in 2023.

NUVVE AND CIRCLE K DEPLOY LARGE-SCALE GRID SERVICES USING EV FAST CHARGERS IN NORWAY AND DENMARK

SAN DIEGO , Feb. 15, 2023 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), the global leader in vehicle-to-grid (V2G) technology, has entered into a service agreement with Shareholder Intelligence Services, LLC ("ShareIntel") to assist in our efforts to help identify and combat suspected illegal naked short selling activities and other potential trading violations or market manipulation. Among other services, ShareIntel will monitor trading activity, including shareholder, critical broker-dealer and clearing firm trading patterns as part of its mission to protect investors and maximize shareholder value.

Nuvve Strengthens Measures to Safeguard Shareholder Interests through Engaging ShareIntel to Investigate Naked Short Selling Activity

SAN DIEGO , Jan. 17, 2023 /PRNewswire/ --  Nuvve Holding Corp. (Nasdaq: NVVE) ("Nuvve" or "the Company") would like to remind its shareholders to vote ahead of its upcoming rescheduled 2022 Annual Meeting of Stockholders ("Annual Meeting") on January 25, 2023 at 4:00 p.m. Eastern (1:00 p.m.

NUVVE REMINDS STOCKHOLDERS TO VOTE AT THE UPCOMING ANNUAL MEETING

Certified Board Members Demonstrate Their Commitment to Elevating Board Leadership SAN DIEGO , Jan. 12, 2023 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE) today announced that the National Association of Corporate Directors (NACD) recently recognized Ted Smith, president and chief operating officer, as NACD Directorship Certified®. Directors who earn this designation signal to boards, investors, and other stakeholders that they are keeping on top of the emerging issues and trends impacting financial performance, disrupting business models, and changing the competitive landscape.

NUVVE'S PRESIDENT AND COO, TED C. SMITH, CFA, CIC, NACD.DC, IS RECOGNIZED AS NACD DIRECTORSHIP CERTIFIED®

Agreement adds three stationary batteries in Kyoto and Toki, increasing grid service capabilities through an existing partnership Addition of 3.74 megawatts to megawatts under management reflects a more than 20% increase relative to third quarter 2022 end; on a pro forma basis, megawatts under management eclipses 20 for the first time SAN DIEGO , Dec. 15, 2022 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global cleantech company electrifying the planet through its intelligent energy platform, and Japan's Chubu Electric Power Miraiz Company (Chubu), a high-tech demand response company, are strengthening an existing commercial agreement with the addition of three stationary, vehicle-to-grid (or V2G) capable lithium-ion batteries in two new locations in Japan to enhance grid service capabilities. The batteries are expected to serve both as a power source and to provide a variety of balancing and demand response services to the grid.

Nuvve Adds 3.7 Megawatts to its Megawatts Under Management Through Enhanced Partnership with Japan's Chubu Electric Power

SAN DIEGO , Nov. 28, 2022 /PRNewswire/ -- Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a global cleantech company electrifying the planet through its intelligent energy platform, today announced its participation in an upcoming retail investor-focused event. The virtual event is scheduled to take place on Monday, December 5, 2022 at 10:00am ET (7:00am PT).

Nuvve Holding Corp. Announces Participation in Upcoming SHARE Series on December 5, 2022

Nuvve Holding Corporation (NASDAQ:NVVE ) Q3 2022 Earnings Conference Call November 14, 2022 5:00 PM ET Company Participants Eduardo Royes - IR David Robson - CFO Gregory Poilasne - Co-Founder, Chairman & CEO Conference Call Participants Eric Stine - Craig-Hallum Brian Dobson - Chardan Capital Markets Operator Good day, and welcome to the Nuvve Holding Corp. Third Quarter 2022 Earnings Call. [Operator Instructions].

Nuvve Holding Corporation (NVVE) Q3 2022 Earnings Call Transcript

Investor Conference Call to be Held Today at 5:00 PM Eastern Time (2:00 PM PT) SAN DIEGO , Nov. 14, 2022 /PRNewswire/ -- Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a green energy technology company that provides a globally-available, commercial vehicle-to-grid (V2G) technology platform that enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provides other grid services, today provided a third quarter 2022 update.   Third  Quarter Highlights Partnered with San Diego Gas & Electric to provide energy back to the grid during emergency load reduction events; began participating in this service in the Cajon Valley Union School District in San Diego, where six high capacity chargers were commissioned Partnered with Vistra to assist school districts access available grant funding from both federal and state agencies; leveraged Vistra relationships to secure rebate awards for districts in Texas in the first round of the EPA's Clean School Bus Program funding allocations Reduced cash operating costs in third quarter on a sequential basis to $7.8 million versus $8.3 million in the second quarter Megawatts under management increased to 16.3 megawatts as of September 30, 2022 from 16.1; backlog increased to $4.2 million from $3.9 million Cash and cash equivalents of $21.6 million as of September 30, 2022 Management Discussion Gregory Poilasne, chairman and chief executive officer of Nuvve, said, "During the third quarter, Nuvve made important strides in expanding its partnerships with energy operators.

Nuvve Provides Third Quarter 2022 Financial Update

Investor conference call to be held at 5 PM Eastern Time SAN DIEGO , Nov. 4, 2022 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global cleantech company electrifying the planet through its intelligent energy platform, announced today that it will conduct a conference call to review the financial results for the third quarter 2022 at 5 PM ET (2 PM PT) on Monday, November 14, 2022. The Company will issue a press release detailing its results after market close that same day.

Nuvve to Report Third Quarter 2022 Financial Results on Monday, November 14, 2022

IEEE CSIP 2030.5 standard is relied upon by utilities to allow communication between Distributed Energy Resources Management Systems (DERMS)  SAN DIEGO , Nov. 3, 2022 /PRNewswire/ -- Nuvve Holding Corp.'s GIVe™ (Grid Integrated Vehicle) vehicle-to-grid (V2G) platform is now a certified product compliant with the IEEE™ 2030.5 SunSpec Common Smart Inverter Profile (CSIP) standard. This certification is the most widely adopted communications standard between Distributed Energy Resources (DER) and enables Nuvve's GIVe V2G platform to connect and communicate with the leading Distributed Energy Resources Management Systems (DERMS).

Nuvve Vehicle-to-Grid Tech Receives IEEE Certification for Utility-Scale Communications

Nuvve's vehicle-to-grid software, bidirectional charging equipment and services – from design to operation and maintenance – will be used to deploy the districts' new fleets and manage their electricity storage and grid exports SAN DIEGO , Oct. 26, 2022 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global cleantech company electrifying the planet through its intelligent energy platform, announced today that 10 school district customers have received a combined $24,155,000 in funding through the EPA Clean School Bus Rebate Program to support the deployment of 61 electric, vehicle-to-grid (V2G) capable school buses and chargers in disadvantaged school districts across the United States. Nuvve and its school district customers will now begin activating their site design and development plans, procurement of Nuvve V2G-capable DC fast chargers and partner electric school buses (ESBs).

Nuvve Helps 10 School District Customers Receive 61 EPA Clean School Bus Rebates Totaling $24.2M

Blue Bird

Blue Bird's largest vehicle-to-grid (V2G) project features Nuvve's technology to make electric student transportation more accessible and affordable SAN DIEGO , Oct. 11, 2022 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global cleantech company electrifying the planet through its intelligent energy platform, along with Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, and the Ramona Unified School District in California's San Diego County, today announced the unveiling of eight electric, zero-emission school buses powered by DC fast chargers supplied by Nuvve and enabled with Nuvve's GIVe™ vehicle-to-grid (V2G) energy aggregation platform. The parties have completed commissioning and interconnection activities with the local electrical infrastructure provided by San Diego Gas & Electric (SDG&E).

San Diego County's Ramona Unified School District, Blue Bird and Nuvve Unveil 8 New V2G-Enabled and Qualified Electric School Buses

Gov. Newsom calls vehicle-to-grid technology a "game changer" and showcases Nuvve's V2G electric vehicle chargers at press event  SAN DIEGO , Sept. 27, 2022 /PRNewswire/ -- During Gov.

Nuvve and "V2G" Featured as California Governor Signs Aggressive, World-Leading Climate Action Legislation

Nuvve Holding Corp. (NVVE) delivered earnings and revenue surprises of 8.70% and 47.92%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Nuvve Holding Corp. (NVVE) Reports Q2 Loss, Misses Revenue Estimates

Investor Conference Call to be Held Today at 5:00 PM Eastern Time (2:00 PM PT) SAN DIEGO , Aug. 11, 2022 /PRNewswire/ -- Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a green energy technology company that provides a globally-available, commercial vehicle-to-grid (V2G) technology platform that enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provides other grid services, today provided a second quarter 2022 update.   Second  Quarter Highlights Established official partnership with Switch to integrate Nuvve's vehicle-to-grid (V2G) GIVe™ platform with Switch's charging management platform for operations and maintenance; Nuvve also made a strategic investment into Switch Announced commercial agreements with Power Electronics and Cenntro to expand Nuvve's high powered charger line-up and expand Nuvve's U.S. commercial fleet reach, respectively Nuvve selected as collaboration partner through a Memorandum of Understanding (MOU) with the U.S. Department of Energy (DOE) to accelerate the country's commercialization of vehicle-to-grid; in addition, the EPA began grant application acceptances to begin replacing the nation's fleet of school buses with clean, zero-emission buses Along with local strategic partners, Nuvve received approval from the Japanese transmission system operator (TSO) to participate in the energy market to provide ancillary power and stabilizing services to the grid Megawatts under management increased 10% during the quarter, totaling 16.1 megawatts as of June 30, 2022 Cash and cash equivalents of $14.9 million, as of June 30, 2022 Management Discussion Gregory Poilasne, chairman and chief executive officer of Nuvve, said, "In the second quarter, Nuvve continued to expand its network of commercial, operational and technology partners as it scales up its V2G platform.

Nuvve Provides Second Quarter 2022 Financial Update

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, Maine , Aug. 10, 2022 /PRNewswire/ -- 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 and Maine Maritime Academy to Apply Vehicle-to-Grid (V2G) Solutions to Maritime Industry Use Cases

Vistra Energy

SAN DIEGO , Aug. 9, 2022 /PRNewswire/ -- Nuvve (Nasdaq: NVVE), a leader in electrifying transportation, and Vistra (NYSE: VST), one of the largest competitive power generators and retail electricity providers in the country, have announced the first step in their partnership to help school districts modernize bus fleets. Vistra and Nuvve have helped school districts served by Vistra to apply for more than $4.5M in grant funding.

Nuvve Partners with Vistra to Help School Districts Electrify Bus Fleets

SAN DIEGO--(BUSINESS WIRE)--Nuvve Holding Corp. (the “Company” or Nuvve) (NASDAQ: NVVE) today announced the pricing of a registered direct offering of (i) 2,150,000 shares of its common stock, at an offering price of $3.50 per share, (ii) pre-funded warrants to purchase 1,850,000 shares of its common stock at an offering price of 3.4999 per pre-funded warrant, which represents the per share offering price of its common stock less the $0.0001 per share exercise price for each pre-funded warrant

Nuvve Announces Pricing of $14 Million Registered Direct Offering

Sempra Energy

SAN DIEGO--(BUSINESS WIRE)--Today San Diego Gas & Electric announced that it has successfully deployed an innovative technology that enables eight electric school buses to put electricity back on the grid when needed such as on hot summer days. A collaborative effort between SDG&E, the Cajon Valley Union School District and locally based technology company Nuvve, this is the first vehicle-to-grid (V2G) project to become operational in Southern California, helping to advance clean air an

SDG&E and Cajon Valley Union School District Flip the Switch on Region's First Vehicle-to-Grid Project Featuring Local Electric School Buses Capable of Sending Power to the Grid

Nuvve's V2G aggregation software enables school district customers in SDG&E's service area to participate in the ELRP through V2G charging, helping districts realize V2G revenues, reduce grid stress, and mitigate power outages SAN DIEGO , July 19, 2022 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global cleantech company electrifying the planet through its intelligent energy platform, and San Diego Gas and Electric (SDG&E) today announced an agreement that will help reduce constraints on California's energy grid while supporting local school districts by pairing Nuvve's Vehicle-to-Grid (V2G) technology and services with the utility's Emergency Load Reduction Program (ELRP). Through this partnership, electric school bus fleets (ESBs) equipped with V2G charging through Nuvve's GIVe™ platform can provide energy back to the grid during emergency load reduction events, allowing customers to participate in energy conservation efforts in the event of a grid emergency and get paid for their load reduction results.

Nuvve Partners With San Diego Gas & Electric to Allow Electric School Buses to Give Energy Back to the Grid and Prevent Blackouts Through the Emergency Load Reduction Program (ELRP)

Nuvve's strategic investment into S witch expands network of interoperable electric vehicle service equipment to lead to increased Megawatts Under Management Adds Nuvve's patented V2G capability to Switch's standardized software solution for EVSE management, operations and maintenance Offers an improved customer experience, facilitating acceleration of EV adoption and vehicle-to-grid solutions globally SAN DIEGO and LONDON , June 28, 2022 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global cleantech company intelligently electrifying the planet by deploying its patented V2G technology and services, and Switch, a global leader in standardized electric charging management and maintenance software, are partnering to integrate Nuvve's vehicle-to-grid (V2G) GIVeTM platform with Switch's charging management platform for operations and maintenance (O&M). Nuvve Partners with Switch EV to expand network of interoperable EVSEs to lead to increased Megawatts Under Management This integration between two best-in-class electric vehicle (EV) and charging software companies will improve interoperability among critical electrified transportation components: charging stations, EVs, and the grid.

Nuvve and Switch Partner to Expand their EV and Charging Platforms' Global Reach, Features and Customer Benefits

Nuvve Holding Corp. (NASDAQ:NVVE ) Q1 2022 Earnings Conference Call May 12, 2022 5:00 PM ET Company Participants Eduardo Royes - Investor Relations Gregory Poilasne - Chief Executive Officer David Robson - Chief Financial Officer Conference Call Participants Brian Dobson - Chardan Capital Markets Eric Stine - Craig Hallum Operator Good day, and welcome to the Nuvve Holding Corporation First Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode.

Nuvve Holding Corp. (NVVE) CEO Gregory Poilasne on Q1 2022 Results - Earnings Call Transcript

Investor Conference Call to be Held Today at 5:00 PM Eastern Time (2:00 PM PT) SAN DIEGO , May 12, 2022 /PRNewswire/ -- Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a global cleantech company electrifying the planet at the intersection of energy and transportation through its intelligent energy platform, today provided a first quarter 2022 update.   First  Quarter Highlights Announced plans to form a joint venture with 2021.AI Aps to integrate their artificial intelligence platform to Nuvve's Grid Integrated Vehicle (GIVe™) platform Launched a strategic engagement with Swell Energy to advance opportunities for electric vehicle participation in Swell's virtual power plant network Levo awarded a 10-year contract by the Troy Community Consolidated School District in Troy, Illinois Added 2.2 megawatts under management during the quarter, increasing total megawatts under management to 16.9 as of March 31, 2022 Cash and cash equivalents of $23.7 million, as of March 31, 2022 Management Discussion Gregory Poilasne, chairman and chief executive officer of Nuvve, said, "Nuvve started 2022 with strong momentum as evidenced by 15% growth in megawatts under management during the first quarter relative to the fourth quarter of 2021, and nearly triple the revenue compared to the first quarter of 2021.

Nuvve Provides First Quarter 2022 Financial Update

Multinational world storage leader to integrate Nuvve's GIVe™ platform into charging stations for customers around the world SAN DIEGO and VALENCIA, Spain , May 10, 2022 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global cleantech company electrifying the planet at the intersection of energy and transportation through its intelligent energy platform, and Power Electronics, first manufacturer of solar inverters for utility-scale photovoltaic plants in America, Oceania and Europe, today announced an agreement to integrate Nuvve's vehicle-to-grid (V2G) GIVe™ platform with Power Electronics charging station technology to help intelligently electrify vehicles and help achieve global decarbonization goals. Through the partnership, Power Electronics will add Nuvve V2G-certified capabilities to their existing bidirectional chargers.

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