Electric vehicle (EV) charging services provider Car Charging has joined hands with Technology with Spirit (TWS) to offer energy storage and rechargeable battery solutions to its current charging site hosts in a bid to reduce energy costs.
Under the agreed terms, Car Charging can also provide TWS’s solutions to future property partners in partnership with or independent of EV charging services.
TWS’ energy storage applications will allow CarCharging’s customers to stabilize peaks in their energy consumption to reduce energy costs.
Car Charging chief visionary officer Michael D. Farkas said: "With Blink Network, the software that operates, monitors, and tracks the Blink stations and all of its charging data, we are able to observe real-time charging data and the demand that the stations have on the electricity grid.
"By combining Blink EV chargers with TWS’ energy storage solutions, properties are able to use the charging data to manage the energy demand from the charging stations and adjust accordingly."
TWS’ solutions are said to address renewable energy sources such as solar, wind, or the electric grid.
TWS International Sales vice president Gordon Clements said: "Energy storage applications benefit properties in that they reduce energy costs by monitoring energy consumption and then, pull energy at off-peak hours, store it, and dispense it at peak hours.
"As a growing market, electric car charging presents a new area of electricity demand, and with their hundreds of partners and thousands of charging stations, we are excited to partner with CarCharging to offer our services."
Image: Car Charging owns and operates EV charging services. Photo: courtesy of Serge Bertasius Photography / FreeDigitalPhotos.net.