{"id":830553,"date":"2025-03-27T08:37:54","date_gmt":"2025-03-27T12:37:54","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/nuvve-launches-battery-as-a-service-baas-offering-to-help-electric-cooperatives-reduce-energy-costs-and-create-grid-resiliency\/"},"modified":"2025-03-27T08:37:54","modified_gmt":"2025-03-27T12:37:54","slug":"nuvve-launches-battery-as-a-service-baas-offering-to-help-electric-cooperatives-reduce-energy-costs-and-create-grid-resiliency","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nuvve-launches-battery-as-a-service-baas-offering-to-help-electric-cooperatives-reduce-energy-costs-and-create-grid-resiliency\/","title":{"rendered":"Nuvve Launches Battery-as-a-Service (BaaS) Offering to Help Electric Cooperatives Reduce Energy Costs and Create Grid Resiliency"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Nuvve Launches Battery-as-a-Service (BaaS) Offering to Help Electric Cooperatives Reduce Energy Costs and Create Grid Resiliency<\/b><\/p>\n<p class=\"bwalignc\"><i>Subscription-based battery systems offer long-term savings and grid flexibility for load-serving entities and recurring revenue opportunities<\/i><\/p>\n<p>SAN DIEGO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fnuvve.com%2F&amp;esheet=54229592&amp;newsitemid=20250327393207&amp;lan=en-US&amp;anchor=Nuvve+Holding+Corp.&amp;index=1&amp;md5=fb4d518073fcf64471aa43176ae009b4\"><i>Nuvve Holding Corp.<\/i><\/a> (Nasdaq: NVVE), a global leader in grid modernization and vehicle-to-grid (V2G), today announced the launch of its Battery-as-a-Service (BaaS) offering. The new subscription-based solution is designed to support electric cooperatives and other load-serving entities in strengthening grid performance, managing peak demand, reducing infrastructure costs, and creating a more resilient electric system.\n<\/p>\n<p>\n\u201cThe BaaS offering generates contracted and potential merchant revenue for Nuvve, while offering our partners strong returns and long-term cost savings,\u201d said Gregory Poilasne, Nuvve co-founder and CEO. \u201cNuvve is working with multiple investing partners to support the different projects under final negotiation.\u201d\n<\/p>\n<p>\nNuvve\u2019s BaaS model enables utilities to deploy scalable battery energy storage systems \u2014 including at the substation level \u2014 without requiring significant upfront capital investment and delivered through 10 to 12-year service agreements. These systems can be integrated to mitigate coincident peaks, support load flexibility, and improve resilience while aligning with utility operational planning and regulatory priorities.\n<\/p>\n<p>\n\u201cThis initiative is focused on enabling utilities and co-ops to respond to growing system complexity with flexible, modular energy infrastructure,\u201d said Hamza Lemsaddek, Vice President of Technology and Astrea AI at Nuvve, a key driver in the company\u2019s Grid Modernization effort. \u201cBaaS offers an easy entry point to capture storage benefits today, while building a foundation for future distributed energy strategies.\u201d\n<\/p>\n<p>\nThe BaaS platform is intentionally designed to be scalable and application-flexible with battery systems ranging from commercial and industrial (C&amp;I) use cases to utility-scale deployments, ranging capital expenditure between $1 and $10M. Nuvve delivers full turnkey solutions \u2014 including procurement, installation, operations, maintenance, and grid integration \u2014 enabling cooperatives to benefit from cutting-edge energy services without additional operational burden.\n<\/p>\n<p>\nTo support this expansion, Nuvve has appointed Michael Smucker as Senior Director of Sales within the Grid Modernization business unit. Smucker brings over two decades of experience developing utility relationships and leading clean energy and EV infrastructure programs across the United States.\n<\/p>\n<p>\nInitial deployments are expected to begin in late 2025, with project development and partner discussions already underway across multiple regions and utility ownership models.\n<\/p>\n<p>\nThis launch marks a strategic evolution of Nuvve\u2019s platform. Building on its leadership in V2G and intelligent energy integration, the company is now advancing solutions that combine mobile and stationary assets, software, and operational expertise to deliver value at both the system and local levels. Nuvve is further positioning itself as a long-term partner in modernizing the electric grid by expanding into stationary storage and grid-edge infrastructure.\n<\/p>\n<p>\nFor more information or to explore partnership opportunities, contact: <a rel=\"nofollow\" href=\"mailto:batteries@nuvve.com\">batteries@nuvve.com<\/a><\/p>\n<p><b>About Nuvve<\/b><\/p>\n<p>\nFounded in 2010, Nuvve Holding Corp. (Nasdaq: NVVE) has successfully deployed vehicle-to-grid (V2G) on five continents, offering turnkey electrification solutions for fleets of all types. Nuvve combines the world\u2019s most advanced V2G technology and an ecosystem of electrification partners, delivering new value to electric vehicle (EV) owners, accelerating the adoption of EVs, and supporting a global transition to clean energy. Nuvve is making the grid more resilient, transforming EVs into mobile energy storage assets, enhancing sustainable transportation, and supporting energy equity in an electrified world. Nuvve is headquartered in San Diego, California.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250327393207r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250327393207\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250327393207\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact:<\/p>\n<p><\/b><b>For Nuvve:<br \/>\n<\/b><br \/>Wes Robinson<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:wrobinson@olmsteadwilliams.com\">wrobinson@olmsteadwilliams.com<br \/>\n<\/a><br \/>310.824.9000\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Technology EV\/Electric Vehicles Vehicle Technology Automotive Utilities Software Alternative Energy Energy Batteries Hardware<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250327393207\/en\/2421777\/3\/UPDATED_Nuvve_vemarkforest.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Nuvve Launches Battery-as-a-Service (BaaS) Offering to Help Electric Cooperatives Reduce Energy Costs and Create Grid Resiliency Subscription-based battery systems offer long-term savings and grid flexibility for load-serving entities and recurring revenue opportunities SAN DIEGO&#8211;(BUSINESS WIRE)&#8211;Nuvve Holding Corp. (Nasdaq: NVVE), a global leader in grid modernization and vehicle-to-grid (V2G), today announced the launch of its Battery-as-a-Service (BaaS) offering. The new subscription-based solution is designed to support electric cooperatives and other load-serving entities in strengthening grid performance, managing peak demand, reducing infrastructure costs, and creating a more resilient electric system. \u201cThe BaaS offering generates contracted and potential merchant revenue for Nuvve, while offering our partners strong returns and long-term cost savings,\u201d said Gregory Poilasne, Nuvve co-founder and CEO. \u201cNuvve is working with &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nuvve-launches-battery-as-a-service-baas-offering-to-help-electric-cooperatives-reduce-energy-costs-and-create-grid-resiliency\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Nuvve Launches Battery-as-a-Service (BaaS) Offering to Help Electric Cooperatives Reduce Energy Costs and Create Grid Resiliency&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-830553","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nuvve Launches Battery-as-a-Service (BaaS) Offering to Help Electric Cooperatives Reduce Energy Costs and Create Grid Resiliency - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nuvve-launches-battery-as-a-service-baas-offering-to-help-electric-cooperatives-reduce-energy-costs-and-create-grid-resiliency\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nuvve Launches Battery-as-a-Service (BaaS) Offering to Help Electric Cooperatives Reduce Energy Costs and Create Grid Resiliency - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Nuvve Launches Battery-as-a-Service (BaaS) Offering to Help Electric Cooperatives Reduce Energy Costs and Create Grid Resiliency Subscription-based battery systems offer long-term savings and grid flexibility for load-serving entities and recurring revenue opportunities SAN DIEGO&#8211;(BUSINESS WIRE)&#8211;Nuvve Holding Corp. (Nasdaq: NVVE), a global leader in grid modernization and vehicle-to-grid (V2G), today announced the launch of its Battery-as-a-Service (BaaS) offering. The new subscription-based solution is designed to support electric cooperatives and other load-serving entities in strengthening grid performance, managing peak demand, reducing infrastructure costs, and creating a more resilient electric system. \u201cThe BaaS offering generates contracted and potential merchant revenue for Nuvve, while offering our partners strong returns and long-term cost savings,\u201d said Gregory Poilasne, Nuvve co-founder and CEO. \u201cNuvve is working with &hellip; Continue reading &quot;Nuvve Launches Battery-as-a-Service (BaaS) Offering to Help Electric Cooperatives Reduce Energy Costs and Create Grid Resiliency&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/nuvve-launches-battery-as-a-service-baas-offering-to-help-electric-cooperatives-reduce-energy-costs-and-create-grid-resiliency\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-27T12:37:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250327393207r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nuvve-launches-battery-as-a-service-baas-offering-to-help-electric-cooperatives-reduce-energy-costs-and-create-grid-resiliency\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nuvve-launches-battery-as-a-service-baas-offering-to-help-electric-cooperatives-reduce-energy-costs-and-create-grid-resiliency\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Nuvve Launches Battery-as-a-Service (BaaS) Offering to Help Electric Cooperatives Reduce Energy Costs and Create Grid Resiliency\",\"datePublished\":\"2025-03-27T12:37:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nuvve-launches-battery-as-a-service-baas-offering-to-help-electric-cooperatives-reduce-energy-costs-and-create-grid-resiliency\\\/\"},\"wordCount\":614,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nuvve-launches-battery-as-a-service-baas-offering-to-help-electric-cooperatives-reduce-energy-costs-and-create-grid-resiliency\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250327393207r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nuvve-launches-battery-as-a-service-baas-offering-to-help-electric-cooperatives-reduce-energy-costs-and-create-grid-resiliency\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nuvve-launches-battery-as-a-service-baas-offering-to-help-electric-cooperatives-reduce-energy-costs-and-create-grid-resiliency\\\/\",\"name\":\"Nuvve Launches Battery-as-a-Service (BaaS) Offering to Help Electric Cooperatives Reduce Energy Costs and Create Grid Resiliency - 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(Nasdaq: NVVE), a global leader in grid modernization and vehicle-to-grid (V2G), today announced the launch of its Battery-as-a-Service (BaaS) offering. The new subscription-based solution is designed to support electric cooperatives and other load-serving entities in strengthening grid performance, managing peak demand, reducing infrastructure costs, and creating a more resilient electric system. \u201cThe BaaS offering generates contracted and potential merchant revenue for Nuvve, while offering our partners strong returns and long-term cost savings,\u201d said Gregory Poilasne, Nuvve co-founder and CEO. \u201cNuvve is working with &hellip; Continue reading \"Nuvve Launches Battery-as-a-Service (BaaS) Offering to Help Electric Cooperatives Reduce Energy Costs and Create Grid Resiliency\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/nuvve-launches-battery-as-a-service-baas-offering-to-help-electric-cooperatives-reduce-energy-costs-and-create-grid-resiliency\/","og_site_name":"Market Newsdesk","article_published_time":"2025-03-27T12:37:54+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250327393207r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nuvve-launches-battery-as-a-service-baas-offering-to-help-electric-cooperatives-reduce-energy-costs-and-create-grid-resiliency\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nuvve-launches-battery-as-a-service-baas-offering-to-help-electric-cooperatives-reduce-energy-costs-and-create-grid-resiliency\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Nuvve Launches Battery-as-a-Service (BaaS) Offering to Help Electric Cooperatives Reduce Energy Costs and Create Grid Resiliency","datePublished":"2025-03-27T12:37:54+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nuvve-launches-battery-as-a-service-baas-offering-to-help-electric-cooperatives-reduce-energy-costs-and-create-grid-resiliency\/"},"wordCount":614,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nuvve-launches-battery-as-a-service-baas-offering-to-help-electric-cooperatives-reduce-energy-costs-and-create-grid-resiliency\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250327393207r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nuvve-launches-battery-as-a-service-baas-offering-to-help-electric-cooperatives-reduce-energy-costs-and-create-grid-resiliency\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/nuvve-launches-battery-as-a-service-baas-offering-to-help-electric-cooperatives-reduce-energy-costs-and-create-grid-resiliency\/","name":"Nuvve Launches Battery-as-a-Service (BaaS) Offering to Help Electric Cooperatives Reduce Energy Costs and Create Grid Resiliency - 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