Money Is Being Channeled via Energy Impact Partners
‘Towards Electrification of the Transportation Industry’
A group of major utilities has invested in Greenlots, an advocate of open-source technology for connecting electric vehicle chargers – aka EVSE, for electric vehicle supply equipment.
The “significant” investment by Avista Utilities, Southern Company, Southern California Edison, and BC Hydro is through Energy Impact Partners, described by Greenlots as “the world’s leading coalition of utilities.”
“The move marks EIP’s first e-mobility investment in this important growth segment,” Greenlots says. “It positions Greenlots as the key enabling platform supporting the increasing commitment of the global utility industry to work collaboratively towards electrification of the transportation industry.”
‘Smart, Efficient and Secure’
“Bringing utilities, car companies and other key stakeholders together is critical for a smart, efficient and secure roll-out of electric vehicles,” said EIP managing partner and CEO Hans Kobler says in a release.
“Greenlots’ industry-leading open and truly interoperable platform, sector expertise and proven experience provide an ideal basis for making that happen,” he said.
‘Predict, Manage, and Balance’
“Utilities are in the best position to predict, manage, and balance electricity demand as electric vehicle adoption increases,” said Greenlots CEO Brett Hauser. “With the support of our board and strategic investors, Greenlots is delivering on the promise of an electric mobility future.”
Greenlots’ “Sky” technology platform and “truly hardware-agnostic software,” the company says, helps EVSE companies “ensure that charging investments are strategic, equitable and future-proof to avoid stranded assets and to support electric vehicle growth.”
Pulling It All Together
The SKY Smart Charging platform “bridges electric mobility, demand side management and behind-the-meter energy storage markets for the built environment,” the company adds. Greenlots says it operates “the largest open fast charging network in North America, and provides utilities the ability to remotely control grid loads through smart charging, demand response and behind-the-meter energy storage initiatives.”
The company claims claims BMW, Ford, Nissan, and Kia as “world-class automotive electric vehicle fleet partners.”
Getting a Say on the Greenlots Board
EIP chief utility officer Kevin Fitzgerald and Philip Jones, former member of the Washington Utilities and Transportation Commission, are joining the Greenlots board.
“With more than three decades of combined experience leading utility modernization initiatives, Kevin Fitzgerald and Philip Jones will leverage their regulatory and management experience in this next phase of growth for both EIP and Greenlots.
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Source: Greenlots with Fleets & Fuels follow-up