Affiliate Of Retail Supplier Acquires Provider Of Managed Electric Vehicle (EV) Charging Technology

EDF Renewables North America today announced it has acquired Los Altos, California-based PowerFlex Systems (PowerFlex), a provider of managed electric vehicle (EV) charging technology.

"The investment is part of EDF Renewables’ continued strategic growth in the distributed energy market, as reflected by their acquisition of groSolar in 2016 and their partnership with EnterSolar last year, EDF said

"Our commercial and industrial clients are realizing how important it is to provide cost-effective electric vehicle charging to retain their employees and their customers," said Raphael Declercq, Executive Vice President, Distributed Solutions & Strategy at EDF Renewables. "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."

"PowerFlex has deployed some of the largest single-site EV charging deployments in the world thanks to their Adaptive Charging Network (ACN) technology. This system enables site hosts to maximize delivery of electricity to EVs while reducing or eliminating the need for costly utility upgrades by managing charging depending on driver’s demand, building load, onsite generation, and other variables," EDF said