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City of Socorro, Socorro Electric Cooperative, Inc., and Nuvve New Mexico Sign Landmark Agreement to Advance Electrification and Grid Resilience

NVVE
  • The City of Socorro, Socorro Electric Cooperative (SEC), and Nuvve New Mexico signed a Memorandum of Understanding to accelerate transportation electrification, modernize electric infrastructure, & strengthen community resilience.
  • The agreement was signed by Mayor Dr. Ravi Bhasker, SEC CEO Manuel Gonzales, & Nuvve New Mexico CEO Ted Smith to establish a framework for joint planning on grid modernization, fleet electrification, & energy cost reduction.
  • Collaboration aims to lower costs, improve reliability, & position the community as a leader in New Mexico's clean energy future.
  • Six priority areas under the MOU include grid modernization with distributed batteries & microgrids, school bus electrification, municipal fleet replacement with electric vehicles, smart rate strategies, charging infrastructure expansion, & renewable energy integration via vehicle-to-grid systems.
  • A joint working group will coordinate projects, pursue state & federal funding, & ensure community priorities guide implementation.
  • The partnership leverages advanced technologies like vehicle-to-grid integration & Battery-as-a-Service models to build a cleaner, more resilient energy system.
  • Nuvve operates globally from San Diego, California, & provides an intelligent energy management platform for bidirectional charging & grid services.