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V2X company Fermata Energy raises $40M in recent round

Green Car Congress

Fermata Energy, a vehicle-to-everything (V2X) technology services provider, recently raised $40 million to accelerate the company’s growth with investment from new partners, including funds managed by global investment firm Carlyle and Verizon Ventures. Oldenburg, a Managing Director specializing in renewables investing at Carlyle.

Energy 225
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Report on electric vehicle adoption in india

Baua Electric

the adoption of electric vehicles (EVs) in India has been gaining momentum, driven by various factors such as environmental concerns, government initiatives, and advancements in technology. Various policy measures and incentives have been introduced to encourage both manufacturers and consumers to embrace electric mobility.

India 98
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Japan V2G demonstrator project using EVs as virtual power plant resource; METI funding

Green Car Congress

Seven companies—Tokyo Electric Power Company Holdings, Inc. TEPCO Power Grid, Inc.; Hitachi Systems Power Service, Ltd.; Mitsubishi Motors Corporation (MMC); SHIZUOKA GAS Co., Japan is promoting the adoption and expansion of renewable energy sources as a measure to reduce greenhouse gases.

Japan 218
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California ISO releases five-year strategic plan; grid integration of renewable power, support for electric vehicle charging

Green Car Congress

The California Independent System Operator Corporation (ISO), California’s non-profit grid operator, released its new five-year (2012-2016) strategic plan. Between now and 2020, wind and solar generation will quadruple within the ISO transmission grid at the same time electric vehicle charging increases significantly.

Grid 244
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NREL researchers evaluating blockchain for transactive energy applications

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Researchers at the National Renewable Energy Laboratory (NREL) are evaluating the use of blockchain for transactive energy using hardware in the laboratory’s Energy Systems Integration Facility (ESIF). Distributing grid operational decision-making is revolutionary. —Dane Christensen.

Energy 545
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Mitsubishi Motors, NewMotion, Nuvve in vehicle-to-grid pilot in Netherlands with Outlander PHEV

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Mitsubishi Motors Corporation (MMC) has launched a Vehicle-to-Grid (V2G) pilot, with the first charge point already being utilized with Mitsubishi Outlander PHEV’s in-vehicle storage batteries. Earlier post.).

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Parker Project demonstrates cross-brand V2G in Denmark; more tests of grid services slated

Green Car Congress

The Parker Project has used a fleet of four vehicles from Mitsubishi Motors Corporation, PSA Groupe and Nissan to demonstrate that vehicles from different car brands can contribute to supporting the electricity grid with vehicle to grid (V2G) services. —Alberto Piglia, Enel’s Head of e-Mobility.

Denmark 170