InnoVentum in talks to deploy renewable solution to EV charging

Hybrid power station developer InnoVentum is in talks with London Mayor Boris Johnson to deploy its combined wind and solar solution in the UK’s capital.

The Malmo, Sweden-based technology developer has proposed using its systems to charge electric vehicles (EVs) and feed energy into the London grid. It is also looking to complete a €3m series B round to fund initial deployments. The firm offers towers that combine wind and solar production for distributed generation in the form of its Giraffe product, which can house and charge EVs.

‘We make exclusive designs for those who can afford, and affordable designs for those who need,’ said Sigvald Harryson, CEO and founder of InnoVentum. ‘For exclusive markets like London we look at the Giraffe, so we are pitching that towards Boris Johnson’s office.’

InnoVentum has pitched its product to Johnson and met with the mayor’s representatives.

London currently has around 1,400 charging points and aims to expand that to 6,000 over the next two years.

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