India, Jan. 7 -- Nuvve Holding Corp. (NVVE) shares jumped 61.16%, trading at $3.5397, up $1.3397, after the company announced the launch of a 2 MW / 8 MWh grid-scale battery storage project in Japan.
The surge followed news that Nuvve has begun commercial operations on the project, which is aimed at supporting grid resilience and renewable integration while demonstrating its vehicle-to-grid (V2G) and distributed energy resource management system (DERMS) technologies in a key international market.
On the day of the announcement, NVVE opened near $2.20, climbed to an intraday high above $3.60, and saw a low around $2.15, compared with a previous close of $2.20. The stock trades on the Nasdaq.
Trading volume was unusually heavy, significant...