- Cox Energy and Powy decided to collaborate to promote sustainable mobility in Spain by supplying renewable energy to electric vehicle charging stations on the Powy network Powy the years 2024–2025.
- This agreement underscored Powy commitment Powy renewable energy solutions as a key element of the transition to sustainable mobility and established Cox Energy as a major player in the supply of renewable energy for electric vehicle charging.
Madrid, April 9, 2024 – Cox Energy, the energy business unit of the Coxabengoa Group, and Powy announced an agreement to promote sustainable mobility in Spain for the years 2024–2025. Under the agreement, vehicles using Powy charging points Powy powered by renewable energy supplied by Cox Energy, sourced from the grid and from self-consumption facilities located within the Powy charging network, enabling users to travel throughout the country in an environmentally friendly manner.
As part of the agreement, Cox Energy, a leader in the sale of 100% renewable energy, and Powy committed to exploring innovative business models to further promote the energy transition, such as solar installations and advanced virtual battery technology. This initiative has created value both for the energy system and for Powy partners Powy opted for this cutting-edge offering, with coverage extending up to 2 km thanks to Cox Energy Energy Communities. This strategy has made it possible to explore new avenues for promoting the energy transition, with the aim of strengthening the energy system and advancing progress toward more sustainable mobility.
The renewable energy supplied by Cox Energy has been a key component of Powy strategy Powy expand its presence in the Spanish market, offering a solution that is fully aligned with the principles of sustainable mobility. With a strong commitment to providing excellent service to its partners, Powy carefully Powy the optimal locations for its charging stations, covering all costs related to the design, permitting, construction, and operation of the charging infrastructure. Powy partners Powy actively involved in every stage of the process to ensure the best possible outcome. Furthermore, as a CPO, Powy a wide range of charging options and user-friendly hardware systems integrated with major payment methods to ensure a seamless charging experience.
The strategic agreement for 2024–2025 positions Cox Energy at the forefront of the effort to provide renewable energy for electric vehicle charging, while enabling Powy expand its commitment to electric vehicle charging through green energy solutions. In this way, Cox Energy has strengthened its position across the entire energy value chain, from electricity trading and self-consumption to participation in energy communities and the supply of vehicle charging. Meanwhile, Powy bolstered its commitment to sustainable mobility and environmental protection by adopting renewable energy for its charging stations.
In the words of Federico Fea, co-founder and CEO of Powy, he said, "We are excited to join forces with Cox Energy because we believe that, with the company's experience and reputation, this agreement will not only strengthen our position in the market, but also enable us to offer more innovative and sustainable solutions to our customers." In the words of Andrea Brentan, president and co-founder of Powy, "One of our strategic priorities is the expansion of Powy in Spain, to lead the transition to sustainable and environmentally friendly mobility: this agreement with Cox Energy is an important step in this direction."
For his part, Fabián Pérez, general manager of Cox Energy Comercializadora, stressed that "Coxabengoa, in its deployment of energy communities, will expand and strengthen sustainable and efficient mobility solutions in Spain, thanks to the cooperation with Powy, one of the largest operators of electric vehicle charging points currently in Italy, with a powerful expansion plan in Spain." This alliance gives Coxabengoa more tools for the development of energy communities, as Fabián Pérez pointed out, "Coxabengoa has made a firm bet on technology and, thanks to this agreement, it will be possible to use surplus renewable energy from one charger and transport it to another where needed, thus saving costs for Powy and its customers.
This news was published in AEDIVE.ES and BOLSAMANIA.
About Cox Energy
Cox Energy is the energy business unit of the Coxabengoa Group, a water and energy services company that provides services to the entire value chain in the energy and water sectors, including EPC (engineering, procurement, and construction) and operations and maintenance activities as well as concessions.
Contact e-mail for Cox Energy: comunicacion@coxabengoa.com
About Powy
Powy a company that owns, develops, and manages Italy's leading independent network of public charging infrastructure for electric vehicles.
Founded in Turin, Italy in 2018, Powy is at the center of the transition to more sustainable mobility, offering an innovative charging infrastructure that uses only 100 percent renewable energy.
Powy 's network includes quick, fast, and ultra-fast charging solutions strategically placed in public and private parking lots, supermarkets, shopping malls, and transportation hubs to ensure maximum convenience and accessibility for EV drivers. Each station is equipped with advanced technologies to provide a reliable and efficient charging experience.
Learn more: wpowy.energy