The acquisition is expected to help EDF Renewables North America to accelerate the deployment of large-scale EV infrastructure.
The development helps EDF to integrate EV smart charging, solar, energy storage and building load to enable the energy transition.
Powerflex has developed its EV solution using grants issued by the National Science Foundation, ARPA-E, Department of Energy, Southern California Edison, California Energy Commission’s CalSEED programme, Caltech’s Resnick Institute, Rothenberg Innovation Initiative, and the Wells Fargo Innovation Incubator at NREL.
The technology optimises the management of EV charging infrastructure whilst reducing the need for costly utility upgrades. The system enables both the driver and the utility to manage EV charging in line with the EV’s energy demand, onsite energy generation, grid status and other variables.
Duck Curve, CEO of Powerflex, said: “For California to meet the 2030 goal of 60% renewable energy and five million EVs, we need to deploy hundreds of thousands of low-cost workplace charging stations that promote daytime charging to prevent curtailment of solar.
“Orchestrating the seamless coordination of variable production from solar with the flexible load from EV charging will be critical to the long-term health of our grid. PowerFlex provides the solution to do exactly that.”
Raphael Declercq, executive vice president of distributed solutions & strategy at EDF Renewables, added: “Our commercial and industrial clients are realising how important it is to provide cost-effective electric vehicle charging to retain their employees and their customers.
“By incorporating the PowerFlex technology alongside our existing solar, storage, and energy management offering, we are now able to provide building owners and facility managers with a single energy ecosystem where all assets work in concert to deliver clean, reliable, and affordable carbon-free power when and where it is needed.”
Existing distributed energy subsidiaries of EDF include groSolar- acquired in 2016 and EnterSolar – acquired last year.