NUVVE JAPAN and Growship Join Forces for Battery Business Expansion

NUVVE JAPAN and Growship Unite for Energy Storage Solutions

NUVVE JAPAN Co., Ltd. and Growship Co., Ltd. have officially announced a strategic alliance aimed at revolutionizing the energy storage battery business in Japan. Based in Tokyo, both companies are committed to addressing the growing demand for stability in Japan’s electricity grid by leveraging their respective expertise in this critical resource.

Background and Purpose of the Partnership

As Japan accelerates its transition to renewable energy sources, the stability of the electrical grid has become a pressing concern. The implementation of energy storage batteries stands out as a vital solution to ensure grid reliability. However, the path to commercializing these batteries is fraught with challenges including project planning, equipment selection, subsidy applications, and operational strategies. Recognizing these hurdles, NUVVE JAPAN and Growship have joined forces to offer a comprehensive, one-stop solution that facilitates the entire spectrum of battery business operations—from planning and installation to ongoing management.

By harnessing Growship’s extensive industry experience, NUVVE JAPAN seeks to provide practical support to companies aspiring to adopt energy storage solutions. This partnership aims to combine consulting capabilities with aggregation services, making both companies reliable allies for battery operators nationwide.

Roles and Collaborative Framework

In this strategic partnership, NUVVE JAPAN and Growship will closely collaborate across several key domains to ensure seamless deployment and management of energy storage projects:

1. Planning (Growship & NUVVE JAPAN)

- Land evaluation
- Financial simulations and business model development
- Fund establishment

2. Preparation for Implementation (Growship)

- Evaluation and selection of energy storage systems
- Contract negotiation with EPC contractors
- Exploration of subsidy utilization
- Consultations with financial institutions

3. Implementation (Growship)

- Subsidy applications and construction planning
- Coordination for grid interconnections
- Support in establishing operational frameworks

4. Operations (NUVVE JAPAN)

- Market participation via aggregation operations (VPP integration)
- VPP management and optimization
- Support for maximizing revenue and operational maintenance

Future Prospects

Mr. Masaki Higashida, CEO of NUVVE JAPAN, commented, “This alliance marks a significant first step in building a service structure that integrates practical support with market engagement in the burgeoning field of energy storage batteries. By combining Growship’s proven consulting expertise with NUVVE’s aggregation knowledge, we aim to accelerate the development of infrastructure that supports renewable energy, thereby contributing to a sustainable society in Japan.”

Mr. Nobuto Sonoda, Executive Director at Growship, stated, “Our partnership with NUVVE JAPAN represents a groundbreaking step in expanding our one-stop services from consulting to aggregation. By integrating Growship’s extensive knowledge in the energy storage battery business with NUVVE’s cutting-edge aggregation technology, we will empower storage facility owners to drive their projects forward with confidence. Together, we will channel our expertise to contribute to healthy market growth and solve challenges faced by Japan’s energy industry.”

About NUVVE JAPAN

NUVVE JAPAN is the Japanese branch of NUVVE Corporation, a pioneer in vehicle-to-grid (V2G) technology based in California, USA. With nearly a decade of experience in operating Virtual Power Plants (VPPs) across Europe and North America, NUVVE has established numerous advanced projects in countries like Denmark. In Japan, the company aims to leverage its global expertise to promote energy businesses centered around energy storage solutions, striving to build sustainable energy infrastructures.

About Growship Co., Ltd.

Growship has been a strong ally for energy storage operators from the inception of the industry, consistently supporting their commercial endeavors. Utilizing extensive knowledge gained over the years, Growship offers comprehensive consulting services that cover planning, implementation, and management of storage facilities. Additionally, with its expertise in Fintech and AI, along with partnerships in digital securities, Growship actively engages in the development of power trading systems and the formation of funds for storage facilities. The company aims to deepen its collaborations with various partners in the energy storage battery business, rapidly delivering services tailored to meet client needs, and becoming a trusted entity in the industry.

For further information, visit: Growship Official Website