SAN JOSE, Calif., June 10, 2019 /PRNewswire-PRWeb/ -- Prospect Silicon Valley is pleased to welcome EDF as its newest sponsor. EDF (Électricité de France) is a global, integrated energy company, one of the world's largest electricity producers, and the largest renewable energy producer in Europe. With over 140 GW of generation capacity across more than 30 countries, EDF generates, transports, distributes and sells electricity to 38 million customers worldwide, and most of that electricity has low or no carbon emissions. In the US, they operate EDF Renewables, EDF Trading and Energy Services, Dalkia, Citelum, and EDF R&D. EDF frequently partners with startups, corporations, and universities to develop solutions in support of sustainable growth and climate protection. EDF's sponsorship of ProspectSV will allow the two organizations to collaborate in the deployment of breakthrough technology in advanced mobility and electrification projects.
Committed to becoming Europe's leading e-mobility and energy company by the year 2022, EDF is exploring opportunities to further deploy EV smart charging infrastructure and services, automated first / last mile services, and many other topics. "Decarbonizing the economy is a core-objective for EDF, and electrification of the transportation sector is the most impactful next step towards this goal," said Jan van der Lee, Head of EDF Innovation Lab. "Teaming up with ProspectSV gives EDF the opportunity to access an advanced mobility and energy ecosystem, and accelerate innovative business development in Silicon Valley."
ProspectSV is deeply involved in the development and delivery of advanced mobility solutions in the Bay Area. By connecting emerging clean technology suppliers with ProspectSV's corporate sponsors and public sector partners, facilitating public-private partnerships, and securing grant funding for the demonstration of clean tech solutions, ProspectSV plays a critical role in accelerating the commercial adoption of clean technology in the mobility and energy markets. "We are delighted to have a sponsor like EDF with tremendous experience in clean power generation and the electrification of the transportation sector," said Ruth Cox, CEO of ProspectSV. "The collaboration will expand our capacity to address some of the Bay Area's critical challenges in transitioning to Zero Emission Vehicles and providing alternative options for first / last mile services to the public transit backbone."
ProspectSV is a nonprofit cleantech innovation hub that focuses on advanced mobility and energy solutions for urban communities. By collaborating with key partners and providing resources for entrepreneurs in the field, ProspectSV is working to improve urban sustainability. ProspectSV provides technical insight, connections to partners / investors, pilot opportunities, and access to their Technology Demonstration Center and test beds. The organization has shown their commitment to innovative technologies and the business models that support them. ProspectSV has provided support to over 25 startups that have raised close to $200M in follow-on funding and helped raise more than $80M in grant funding for demonstration projects. For more information visit http://www.prospectsv.org or follow on Twitter, LinkedIn, and Facebook.
EDF (Électricité de France) is a global, integrated energy company, one of the world's largest electricity producers, and the largest renewable energy producer in Europe. With 140 GW of generation capacity across more than 30 countries, EDF generates, transports, distributes and sells electricity to 38 million customers worldwide, and most of that electricity has low or no carbon emissions. For more information visit http://www.edfenergy.com.
SOURCE PROSPECT SILICON VALLEY
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