Everged, a North American energy technology company, has announced a strategic partnership with World4Solar, a manufacturer specializing in integrated electric vehicle (EV) charging, solar generation, and battery storage systems. The collaboration aims to provide organizations with a turnkey solution designed to combine EV charging infrastructure with renewable energy and energy storage into a single integrated system.
The joint solution is intended to help businesses, municipalities, and other organizations deploy integrated energy ecosystems that support electric mobility while improving operational efficiency and financial performance.
Installing EV chargers is increasingly seen as a way for businesses and public facilities to attract and retain customers, employees, and visitors. While EV charging is often viewed primarily as infrastructure serving drivers, it can also form part of a broader energy ecosystem when combined with renewable energy generation and energy storage technologies.
Significant Top and Bottom Line Benefits
The Everged Integrated Solar System, powered by World4Solar, provides organizations with these benefits:
- Offering EV charging is a great way for commercial businesses to bring in additional revenue, both from drivers paying to charge and through additional spending while they are waiting.
- Employers increasingly utilize on-site EV charging as a desirable benefit that attracts and retains key talent.
- Integrating EV charging with existing or added renewable energy generation and storage enables organizations to create the additional energy needed to power the chargers while reducing reliance and costs associated with pulling power from the utility grid.
- This integrated energy ecosystem also allows facilities to have greater control over their energy use, avoiding expensive demand charges.
- The ability to generate energy also creates the opportunity to participate in energy arbitrage with local utilities, further increasing the financial benefits of an integrated energy ecosystem.
- Combining EV charging with renewable energy elevates an organization’s brand equity through material and visible sustainability actions.
Flexible Solutions
The Everged Integrated Solar System is designed to support a wide range of deployment scenarios, including locations with limited space, making it suitable for both large sites and dense urban environments. Its solar canopy structure allows flexible installation while providing covered charging areas for electric vehicle users. The canopy also helps protect charging equipment from weather exposure, simplifying maintenance for facility operators. Potential deployment locations include hotels, entertainment venues, recreational facilities, educational campuses, retail centers, and public parking areas.
Attractive Business Model
Financial incentives for EV charging infrastructure continue to be available in many regions, often helping to offset a significant portion of installation costs. When the Everged Integrated Solar System is deployed, the inclusion of on-site energy generation may also make projects eligible for power purchase agreements (PPAs) with local utilities. According to Everged, this structure can enable qualifying organizations to implement the integrated system with minimal upfront investment, while sharing in revenue generated from EV charging once the stations become operational. The company offers this approach through its Zero Cost Integrated Solution model.
“Every organization is looking to expand their revenue potential with as little investment as possible,” shared James Dion, president of Everged. “The Everged Integrated Solar System is an exciting offering because it goes beyond powering vehicles and drivers – it empowers businesses. Creating a solution with material operational and financial advantages plus meaningful sustainability contributions means everyone wins.”
“World4Solar was founded on the principle of creating practical solutions that expand access to free and reliable energy,” commented Marc Hofer, chief executive officer at World4Solar. “Partnering with Everged to leverage our solar canopies and batteries to power EV charging, especially in locations where it might not otherwise be practical, delivers on that promise to promote energy equality.”
