ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Nissan Approves Fermata Energy’s Bidirectional Charger as First for Use with Nissan LEAF in the U.S.

 Fermata Energy V2X Bidirectional Charger Allows Business Owners to Utilize Their Nissan LEAF to Help Reduce Energy Costs

Fermata Energy, the leading provider of Vehicle-to-Everything (V2X) services, today announced that its FE-15 bidirectional charger has been approved by Nissan as the first ever bidirectional charger for use with the Nissan LEAF in the U.S.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220906005819/en/

Fermata Energy V2X bidirectional charger is the first to be approved by Nissan for use in the U.S. Credit Fermata Energy

Fermata Energy V2X bidirectional charger is the first to be approved by Nissan for use in the U.S. Credit Fermata Energy

With Nissan’s approval the Fermata Energy FE-15 charger, along with its UL 9741 certification, has passed key requirements from Nissan, and has been verified to be compatible with the Nissan LEAF. According to Nissan, usage of the approved charger will also not impact the Nissan LEAF’s battery warranty.

Bidirectional charging technology means not only charging the Nissan LEAF, but also sending energy stored in the vehicle battery back to the building or the grid. Using Fermata Energy’s V2X platform, the Nissan LEAF is currently the only fully electric passenger vehicle in the U.S. market able to supply energy to the grid, allowing LEAF owners with the Fermata Energy FE-15 bidirectional charger to park their vehicle, plug it in, and save money with their local electric utility, as well as reduce the total cost of ownership of the vehicle.

“We applaud Nissan for their ongoing leadership in delivering new, meaningful technologies to EV owners. V2X bidirectional charging is an important innovation that enables Nissan LEAF owners to create additional value from the energy stored in the vehicle’s battery. That value helps reduce the total cost of ownership of their car, while supporting grid resilience,” said David Slutzky, CEO and founder of Fermata Energy. “At Fermata Energy, we were the first to receive the UL 9741 certification in the world and now the first to have Nissan’s approval on a bidirectional charger in the U.S.”

Ideal for companies with fleet vehicles, the Fermata Energy Demand Charge Management application, along with the FE-15 charger, continuously monitors a building's electrical loads, looking for opportunities to periodically draw on the Nissan LEAF's energy to provide power to the building during more expensive high-demand periods. In states with utility demand response programs, bidirectionally-enabled Nissan LEAF vehicles (MY2013 and later) are able to safely send energy stored in the battery to the grid during peak energy demand times, such as in summer months.

The Nissan-approved FE-15 bidirectional charger is available for commercial and government fleet owners.

Fermata Energy FE-15 bidirectional chargers are installed at multiple sites across the U.S. In Colorado as part of a vehicle-to-build (V2B) program, the Fermata Energy platform has lowered the electric bills at the Boulder North Recreation Center, saving the city on average $270/month, the approximate cost of leasing a Nissan LEAF in some markets.

In 2021, Fermata Energy raised $40 million, including a Series A round led by The Carlyle Group. Other investors included Verizon Ventures, Skyview Ventures, I Squared Capital and ClearSky.

About Fermata Energy

Park it. Plug it. Profit.TM Fermata Energy’s proprietary vehicle-to-everything (V2X) software platform and bidirectional chargers turn EVs into mobile energy storage assets, making it possible for EVs owners to combat climate change, increase energy resilience, and reduce energy costs. Learn more at www.fermataenergy.com, and follow us on Twitter (@FermataEnergy) and LinkedIn.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.