EDF Buys Pivot Power to Expand Its EV Infrastructure

0
64
Advertisement
  • The first two projects will be at Kemsley and Cowley
  • In September, EDF acquired U.S. electric vehicle technology company PowerFlex Systems

French state-controlled energy company EDF Group has acquired British electric vehicle (EV) battery storage start-up Pivot Power to expand its EV charging infrastructure projects. EDF did not disclose the financial details of the acquisition.

Bruno Bensasson, EDF Group’s senior executive vice president, chairman and CEO of EDF Renewables, said, “Following PowerFlex Systems recent acquisition in the United States, this new acquisition of smart electricity storage and electric vehicle charging systems player is strengthening our expertise globally.” Recently, in September, EDF acquired U.S. electric vehicle technology company PowerFlex Systems.

Mass EV charging points

The first two projects will be at Kemsley (Kent) and Cowley (Oxford). The land, planning and grid connection agreements are already done, and the work will begin from next year. Pivot Power will develop a private wire infrastructure for development of mass rapid EV charging points all over the UK. Pivot Power claims each of its project has the potential to host a battery capable of exporting 50MW of power.

Advertisement

SHARE YOUR THOUGHTS & COMMENTS

Please enter your comment!
Please enter your name here

Are you human? *