Nuvve Holding expands focus to stationary energy storage systems, microgrids

Nuvve Holding (NVVE) released a letter to its stockholders announcing a strategic expansion of its business focus to include stationary energy storage systems and microgrids. This positions the company to capitalize on fast-growing, more mature energy markets while continuing to support vehicle-to-grid innovation. The company’s technology platform was originally developed to deliver advanced grid services through the aggregation of electric vehicle batteries.