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Nuvve Wins $16M Project for Fresno Economic Opportunities Commission’s 50-Shuttle Fleet
Corporation Nuvve Holdings, Inc.. In today's meeting, the board of the Fresno Economic Opportunities Commission (Fresno EOC) selected and approved NVVE (Nasdaq: NVVE), a global technology leader advancing the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, to execute a turnkey fleet electrification program for Fresno EOC's fleet of 50 shuttles.. The Nuvve team provided assistance to Fresno EOC, one of the largest nonprofit community action agencies in the U.S..As a result of our efforts, we have been able to secure grant funding through the Carl Moyer Memorial Air Quality Standards Attainment Program ("Carl Moyer Program"), as well as Pacific Gas & Electric ("PG&E").. As part of this groundbreaking initiative, Fresno EOC is showing its commitment to sustainable transportation and making a significant contribution towards reducing the city's carbon footprint in the future As part of this groundbreaking initiative, Fresno EOC is showing its commitment to sustainable transportation and making a significant contribution towards reducing the city's carbon footprint in the futureA key component of Fresno EOC Transit Systems' commitment to community service and environmental stewardship is its transition to electric vehicles. As part of Fresno EOC's strategy to provide cleaner, more efficient, and more sustainable transportation options to the Fresno community, this initiative is at the heart of the company's strategy. The purpose of this project is to reduce the use of fossil fuels in the city to a considerable degree, as part of the city's environmental goals.Nuvve has taken the lead in the Fresno EOC Fleet Electrification Project in order in order to create a sustainable and thriving community for the future. The purpose of the project is to empower the local workforce, by providing opportunities for workforce development, as well as to foster economic growth in Fresno as a whole. Nuvve's focus is on building a symbiotic relationship with the Fresno community, prioritizing local hiring initiatives and developing partnerships with Fresno-based suppliers as part of its strategy. With a targeted recruitment and training program, Nuvve strives to promote a diverse and skilled workforce, while maintaining high standards of quality and safety in the workplace. Nuvve and the Fresno community are paving the way for excellence in fleet electrification by working together in order to enhance skills sets and empower the local economy at the same time Nuvve and the Fresno community are paving the way for excellence in fleet electrification by working together in order to enhance skills sets and empower the local economy at the same timeMolle Energy, through its Révis Dynamics division, will provide infrastructure support as part of the Fresno EOC's acquisition and deployment of 50 electric Class-A shuttles at a rate of 10 per year over a five-year period, along with the installation of a 247 kVa power grid..Solar generation and battery storage system for charging the new electric shuttle fleet with a capacity of 5 megawatts on-site. Nuvve will provide its proprietary Nuvve GIVeTM software platform and V2G technology to the project. Nuvve's expertise ensures that Fresno EOC Transit Systems is able to make a seamless transition to an electrified fleet, which offers the tools to manage energy efficiently, reduce operational costs, and take advantage of renewable energy sources.. Nuvve's technology supports Fresno's vision of a greener future and enhances the overall reliability and effectiveness of transportation services in Fresno Nuvve's technology supports Fresno's vision of a greener future and enhances the overall reliability and effectiveness of transportation services in FresnoIt is a fact that the city of Fresno has suffered from poor air quality for several generations as a consequence of tailpipe emissions from the Los Angeles basin and from gas-fired peaker power plants," said Gregory Poilasne, co-founder and CEO of Nuvve. With the adoption of our cutting-edge electric vehicle software and infrastructure, this project can serve as a model approach for modern, efficient, and eco-friendly public transportation."As part of its mission to assist underserved populations in California's Fresno County in becoming more self-sufficient and self-sufficient, Fresno EOC oversees over 35 human service programs. To support its mission, the organization utilizes its bus fleet to transport community members to and from work, school, medical appointments, deliver meals, and fulfill other transportation needs.It is imperative for the community that they understand our commitment to reducing carbon emissions and to advocating for renewable energy. This project is crucial. In addition, it is about raising awareness about energy conservation and climate change," Thomas Dulin, Director of Fresno EOC Transit Systems, stated. As a result of the implementation of an electrified fleet that exemplifies energy conservation at the cutting edge, there is no better way to demonstrate the financial and environmental benefits."With the completion of this electrification project, Fresno will be on the cutting edge of sustainable urban transit in the country. While Nuvve brings a wealth of global experience and technological expertise, the focus of this collaboration is firmly rooted in meeting the unique needs and aspirations of the Fresno community. As a result of the successful implementation of this project, it is likely to serve as a model for other cities looking to undertake similar sustainability initiatives in the future.Those interested in learning more about Nuvve, available charging solutions, or V2G technology can visit nuvve.com. Those interested in learning more about Fresno EOC can visit fresnoeoc.org.In addition to providing opportunities, strengthening self-sufficiency, and offering support to all people, Fresno Economic Opportunities Commission (EOC) was established in 1965 as a community action agency. Our goal is to create effective programs and services by listening to the needs of the communities we serve. As part of the fight against poverty, Fresno EOC continues to lead the way with more than 35 programs that are dedicated to getting people the help they need to reach their goals.
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