NVVE News & Events

Nuvve Holding's Nuvve Japan announced it has appointed Shigeki Mori as Executive Officer of Finance, CFO, effective May 2026. Mori most recently served as Director and CFO of THECOO

The City of Socorro has been awarded $610,000 in funding from the State of New Mexico's Energy Conservation and Management Division, ECAM, to advance a grid modernization initiative aimed at improving reliability, resilience, and long-term energy infrastructure planning. The funding allows Socorro Electric Cooperative, SEC, and Nuvve New Mexico to design and engineer a utility-scale battery energy storage system, BESS, and associated grid upgrades. "This is an important step forward for grid modernization in New Mexico," said Ted Smith, CEO of Nuvve New Mexico. "We are creating a clear and practical pathway toward deploying advanced battery storage in a way that improves reliability and reduces costs for the community through peak demand management, improved system efficiency and enhanced grid resilience. This project is structured to be replicable across other rural co-ops and municipalities throughout the state."

NUVVE JAPAN reached its second financial milestone for the 2MW / 8MWh Battery Energy Storage System project in Mino City, Gifu Prefecture. Following the definitive sales agreement announced in March, NVJ has received a second payment of Y200M. This follows the initial deposit of Y143.91M, bringing the total capital received to date to approximately 66% of the total contract value of Y520M. The receipt of this second payment signals the successful completion of the procurement phase and the transition into the primary installation stage. NVJ confirms that the project remains firmly on track for its anticipated operational debut in the fourth quarter of 2026.