e-Formula and Nuvve to develop Taiwan’s first electric vehicle-to-grid facility

05 February 2024 09:44

Center for Green Economy

Hsinchu/San Diego - e-Formula, Nuvve Holding, and Taipower are collaborating on a new electric vehicle facility that will offer electric vehicle-to-grid, or V2G, charging for the first time in Taiwan. The facility will feature chargers that can both power electric vehicles as well as draw power from batteries to the grid.

e-Formula, a Taiwanese energy solutions provider, and American electric transportation platform developer Nuvve Holding have proposed launching Taiwan’s first electric vehicle-to-grid, or V2G, project in Hsinchu on Zhongxiao Road.

Under a contract slated for completion in March, e-Formula would lead development of the 95 electric vehicle V2G hub while Nuvve would serve as technical project manager and service provider, said a press release issued January 30. The facility would have around 325 parking spaces in total.

The project would feature a mix of unidirectional and bidirectional chargers whose power would range from 11 kilowatts to 150 kilowatts. Unidirectional charges can only supply power to vehicles. Bidirectional chargers can power vehicles and funnel electricity from electric vehicle batteries to the grid. Nuvve’s proprietary GIVe platform helps manage energy transfers to and from electric vehicles and the electric grid.

“This project is not just a milestone for Nuvve and e-Formula but a leap forward for Taiwan’s EV infrastructure,” said Nuvve Chief Executive Officer Gregory Poilasne. “Our… platform stands at the heart of this endeavor, showcasing the immense potential of V2G technology in revolutionizing energy management and EV integration. We are eager to work together in support of the important efforts already underway in Taiwan to combat air pollution.”

Taiwan’s power company, Taipower, furthermore, would compensate Nuvve for grid services, electric vehicle supply equipment, and eFormula’s stationary storage technology.

e-Formula has helped develop other electric vehicle infrastructure in Taiwan, including service stations that operate entirely on renewable energy and provide special services for electric vehicles. ce/jd

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