Wallbox and Bidirectional Energy selected for proposed CEC REDWDS grant

Wallbox announced a partnership with Bidirectional Energy, a bidirectional EV energy management software platform, that has culminated in both companies being selected to receive significant funding from the highly competitive CEC REDWDS grant. The companies plan to offer Wallbox’s second-generation DC bidirectional charger, Quasar 2, with the Bidirectional Energy EV charger management platform, starting in the first half of 2024. The California Energy Commission’s Clean Transportation Program provides up to $100M in annual funding to support innovation and accelerate the development and deployment of advanced transportation and fuel technologies throughout the state. The REDWDS (Responsive, Easy Charging Products with Dynamic Signals) grant accelerates the development and deployment of easy-to-use charging products, which helps customers manage electric vehicle charging and respond to dynamic grid signals. In a highly competitive process, Bidirectional Energy and Wallbox have been proposed recipients for awards of $2.2M in Phase 1 funding by the CEC Clean Transportation Program. When the awards are confirmed, the partnership between Bidirectional Energy and Wallbox will be able to deploy Quasar 2 bidirectional chargers in California residential homes, as well as offer installation solutions via COIL, a Wallbox company. Through the Bidirectional Energy platform, EV owners can potentially save money on their monthly utility bill as well as benefit from various utilities’ vehicle-to-grid programs, all while their EV is parked at home. The V2X vehicle-to-everything system can also keep the lights on when the grid goes down, providing extra resilience to homeowners. If the project is successful, additional funding will be made available through a second phase to continue deploying bidirectional chargers across California for an additional three years.