At the invitation of the President of the Republic, Jean-Christophe Kerdelhué, CEO of the NW Group, France’s first energy transition unicorn, announced on Tuesday, May 26, during a meeting of “France’s Electricity Team” at the Élysée Palace, that the company would invest €1.2 billion by 2030 in energy storage and electric vehicle charging stations.
The NW Group, a leader in stationary storage in France and Finland, already operates 2 GWh of batteries and more than 600 high-power charging stations for electric vehicles. The NW Group’s solutions, designed and patented in France, provide the flexibility necessary for grid resilience and support its customers—both individuals and businesses—in the electrification of uses and flexibility.
Jean-Christophe Kerdelhué, CEO of the NW Group, states : “At NW, we want to contribute to this national goal of achieving cheaper, more self-sufficient, and more sustainable electricity: our solutions help position France as one of Europe’s leaders in smart grid infrastructure.”