ADS-TEC Energy GmbH announces that PROVIRIDIS buys ADS-TEC Energy’s battery storage technology for smart multi-energy filling stations in France. The storage systems in container format supply each two fast charging points with their own PV power, increase grid performance and smooth load peaks. Three locations have been installed with this concept, and more are being planned. ADS-TEC Energy is currently in a business combination process with publicly listed European Sustainable Growth Acquisition Corp., expected to close 4Q 2021, at which time the combined company is expected to trade on Nasdaq.
PROVIRIDIS designs and constructs turnkey smart multi-energy filling stations in France that use gas and high-performance electricity instead of conventional fuels. Thanks to its own solar power production with storage unit, the company can achieve a cost-efficient power supply of ultra-fast charging points (two with 200 kilowatts each), even with limited grid connection. In the course of the mobility change, new business models for filling stations are being tested.
The third filling station has been in operation since September 23, 2021, in Fragnes La Loyère (near Chalon-sur-Saone) in Eastern France under the “V-GAS” brand. The first station is located in the South of France in Plan d’Orgon near Avignon, the second in Dourges near Lille in the North.
With V-GAS, PROVIRIDIS offers alternative fuels primarily for freight transport with the aim of using them as ecologically, efficiently and economically as possible. Currently, V-GAS focuses mainly on the production of natural gas (in liquefied form as LNG or as compressed CNG), but in the long term the focus will be on hydrogen. At the same time, the brand is also focusing on development of an EV-charging network under the brand name Z-E-N (Zero Emission Network). The gas range is supplemented by high-performance electricity, some of which is generated from the company’s own PV system. In order to make the electricity available around the clock, it is temporarily stored in a battery storage system (PowerBooster) from ADS-TEC Energy.