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Stock impact report

Nuvve Announces Third European BESS Project in Weeks, Crossing 150 MW of Combined Capacity Under OMNIA Global Partnership

Nuvve Holding Corp. (NVVE) 
Company Research Source: Business Wire
60 MW Romania project brings Nuvve’s announced European BESS portfolio to more than 150 MW across three countries in under two weeks; annual fee revenue potential ranges from $250,000 to $500,000 per MW, with a right of first refusal to acquire each asset SAN DIEGO--(BUSINESS WIRE)--Nuvve Holding Corp. (NASDAQ: NVVE), a global leader in vehicle-to-grid (V2G) technology and grid-interactive energy solutions, today announced it has extended its strategic cooperation with OMNIA Global (Zug, Switzerland) to include a 60 MW / 120 MWh standalone battery energy storage system (BESS) in Brasov, Romania — the third major European project activated under the companies’ cooperation agreement in less than two weeks.The Romanian project, developed through SPV Brasov 60, brings Nuvve’s total announced European BESS capacity under the OMNIA Global partnership to more than 150 MW — comprising 50 MW in Sweden, 40 MW in Austria, and now 60 MW in Romania — with commercial operations across all three Show less Read more
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