Business
Nuvve and Volt Establish "NuvveVolt" to Enter Korea’s National-Scale ESS Market
SAN DIEGO & SEOUL, South Korea, December 10, 2025--Nuvve Holding Corp. ("Nuvve") (Nasdaq: NVVE), a global leader in grid modernization, energy storage and vehicle-to-grid (V2G) technology, today announced its registration with South Korea–based Volt to participate in the 2025 Second-Round ESS Central Auction with the Korea Power Exchange (KPX), marking Nuvve’s first formal entry into the rapidly expanding Korean energy-storage market.
About this update from Nuvve Holding Corp.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":960,"height":375,"url":"https://media.zenfs.com/en/business-wire.com/fbff02cf525b952b47d6fbe5bc7ad775"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/TMu2OvcOERl9gLvrDaJDfw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTM3NTtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/fbff02cf525b952b47d6fbe5bc7ad775","width":960,"height":375},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/OwB_EklIBM.MQ712UstWaw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTE5MjA7aD03NTA7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/fbff02cf525b952b47d6fbe5bc7ad775","width":960,"height":375}},"lazy":false},{"type":"text","content":"NuvveVolt will participate in the 2025 KPX Energy Storage Systems Central Auction","length":81,"tagName":"p"},{"type":"text","content":"SAN DIEGO & SEOUL, South Korea, December 10, 2025--(BUSINESS WIRE)--Nuvve Holding Corp. ("Nuvve") (Nasdaq: NVVE), a global leader in grid modernization, energy storage and vehicle-to-grid (V2G) technology, today announced its registration with South Korea–based Volt to participate in the 2025 Second-Round ESS Central Auction with the Korea Power Exchange (KPX), marking Nuvve’s first formal entry into the rapidly expanding Korean energy-storage market.","length":469,"tagName":"p"},{"type":"text","content":""The creation of NuvveVolt represents a major milestone in Nuvve’s Asia-Pacific expansion strategy," said Masa Higashida, CEO of Nuvve Japan. "Korea is one of the world’s fast moving energy storage systems markets, and our collaboration with Volt positions us to deploy our intelligent energy-management platform at national scale."","length":352,"tagName":"p"},{"type":"text","content":"Registration was completed on December 4, enabling the consortium, led by Nuvve Japan and Volt, to move forward on a national-scale battery-energy-storage (BESS) project totaling 95 MW / 570 MWh. Bid submission for the auction is scheduled for January 12, 2026 and award announcements expected in mid-February.","length":310,"tagName":"p"},{"type":"text","content":""Nuvve’s technology foundation was originally built to deliver advanced grid services by aggregating highly distributed and unpredictable electric vehicle batteries," said Gregory Poi...