Nuvve Japan K.K. (NVJ), a subsidiary of U.S.-based Nuvve Holding Corp., has announced a significant leadership change aimed at boosting its financial strategy amid a rapidly evolving energy landscape. Effective May 2026, Shigeki Mori has been appointed as the Executive Officer of Finance (CFO). Mori's expertise in startup finance and his proven track record in leading technology companies to public markets position him as a vital asset for NVJ during this pivotal growth phase.

2. Mori’s Vision for Nuvve Japan

Shigeki Mori brings a wealth of experience to NVJ, having previously served as the Director and CFO of THECOO Inc. where he successfully led the company through its IPO on the Tokyo Stock Exchange Mothers (now Growth) Market. Mori expressed enthusiasm for his new role, stating, “NUVVE JAPAN is at the forefront of the energy storage revolution. We are focused on transforming the company’s cutting-edge control technology into a robust portfolio of yield-generating assets.” He highlighted his mission to build a strong financial foundation that would facilitate capital investments and an early IPO, ultimately delivering sustainable value to stakeholders.

3. The Shift to an Asset-Holding Model

As a Resource Aggregator, NVJ focuses on integrating grid-scale storage batteries and Vehicle-to-Grid (V2G) chargers into a Virtual Power Plant (VPP) platform. The company is poised to enter a new phase of growth, driven by the pressing global need for grid stability and the optimization of renewable energy sources. The strategic evolution toward an "Asset-Holding Model" aims to enhance revenue generation by owning and operating its own storage batteries and V2G infrastructure.

4. Strategic Pillars for Growth

NVJ has outlined several strategic pillars to guide its growth and position in the market:

Establishing Investment Schemes: NVJ aims to create large-scale investment initiatives specifically for grid-scale batteries and V2G infrastructure.

Maximizing Lifetime Value: The company plans to focus on maximizing the lifetime value (LTV) of battery assets while implementing agile capital management strategies that respond effectively to fluctuations in the energy market.

Strengthening Corporate Governance: Enhancing corporate governance and fostering strategic investor relations are key priorities as NVJ prepares for an early public listing.

5. A Robust Educational Background

Shigeki Mori's educational credentials include a degree from Keio University’s Faculty of Commerce and an MBA from the University of Southern California (USC). His extensive background includes senior management roles at multinational corporations, where he was instrumental in financial restructuring and fundraising efforts prior to his success with THECOO Inc.

6. About Nuvve Japan K.K.

Nuvve Japan K.K. specializes in energy solutions tailored to the Japanese market, leveraging the advanced V2G platform developed by Nuvve Holding Corp. The company plays a crucial role in supporting municipalities and corporations in their decarbonization efforts, acting as a key resource aggregator to stabilize the power grid and promote a carbon-neutral society.

7. About Nuvve Holding Corp.

Nuvve Holding Corp. is at the forefront of flexible energy solutions, transforming batteries, electric vehicles (EVs), buildings, and distributed assets into dynamic grid resources. The company's advanced platform for intelligent energy management and vehicle-to-grid (V2G) capabilities enables real-time bidirectional charging, load optimization, and grid services.

In summary, Shigeki Mori's appointment as CFO marks a significant milestone for Nuvve Japan as the company strategically positions itself for growth in an increasingly urgent energy market. With a focus on maximizing asset ownership and preparing for a public listing, NVJ is set to play an essential role in the future of energy management and sustainability.

Original press release