Monday, December 23, 2024
Infrastructure and TechnologyLatestNews

InstaVolt supplied by Octopus Energy

Ultra-rapid electric car charging operator InstaVolt is now being supplied with 100% green electricity through Octopus Energy for Business. 

The news means those drivers using its charge points will now get energy supplied from solar and wind when powering up at InstaVolt’s more than 1,700 chargers across the UK. 

Octopus currently supplies around a third of the electricity on Britain’s public charging network already, with this new deal making InstaVolt Octopus’ largest charge point operator customer to-date.

InstaVolt will take part in Octopus’ ‘Plunge Pricing’ scheme, through its electric vehicle charging platform Electroverse, which enables drivers to get cheaper public charging at times when green energy is abundant.

The ultra-rapid charging firm joined Octopus’ Electroverse app model last year, with the software now one of Europe’s largest such platforms, with drivers able to plug into around 850,000 chargers from 950 brands in 40 countries. 

InstaVolt’s chargers can be found at over 800 locations nationwide in the UK. The company recently expanded into Iceland, and will launch in Spain, Portugal and Ireland soon. 

Zoisa North-Bond, CEO of Octopus Energy for Business, said: 

“Powering InstaVolt’s ultra-rapid chargers with 100% green electricity means drivers can top up with the power of the sunshine and breeze. It’s brilliant to be expanding our partnership after InstaVolt joined Electroverse last year.

“With our ‘Plunge Pricing’ innovation, when green energy is abundant and prices drop, InstaVolt customers can charge up at these times and save money too.”   

Delvin Lane, CEO of InstaVolt, said: 

“InstaVolt is excited to strengthen our ongoing partnership with Octopus Energy. By powering our chargers with Octopus’ green energy, we can further deliver on our promise to provide 100% renewable energy across our charging network. This means our customers can charge their vehicles knowing they’re using the cleanest energy available.

“Additionally, this collaboration allows us to participate in Octopus’ ‘Plunge Pricing’ events, offering our customers lower charging costs when green energy is abundant, benefiting both their wallets and their consciences.”

Image courtesy of Octopus

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