Nuvve to Bolster Danish Grid Stability with Three New 2MW
Nuvve Denmark ApS, a subsidiary of Nuvve Holding Corp. (Nasdaq: NVVE), a global leader in distributed grid assets management and vehicle-to-grid (V2G) technology,
"These are our first commercial stationary battery deployments in Denmark, after many years of battery revenue generation in the US and Japan," said Xavier Moreau, CEO of Nuvve ApS.
The Danish electricity market presents a significant opportunity for Battery Energy Storage Systems due to the push for a 100% green electricity system by 2030, the retirement of conventional generation, and increasing market volatility from expanding renewable energy sources.
European Energy's new BESS project marks a significant step in the company's strategy to support the integration of renewable energy systems and improve energy efficiency in Denmark and beyond.
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