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Going Off the Grid with EV Chargers (VIDEO)
“A lot of retailers want their chargers on their properties, but the problem is that they’re not going to be getting it soon, and the foot traffic associated with the charging stations is not going to be affecting the tenants on those properties.”
That’s Burak Elibol, CEO and co-founder of Coral Charge, on the speed bump awaiting retail operators who hope to take advantage of the demand for electric vehicle charging stations. Installing grid-based fast chargers generally entails waiting “months and months, and most of the time, years for interconnection permits to be issued.”
In the video below, Elibol explains the differences—operational as well as cost—between installing grid-based EV chargers and off-the-grid solutions such as the Coral Charge platform. For example, he points out, “the marginal cost of electricity is zero because it is localized, it is generated onsite through solar panels, and there are no demand charges associated with that.”
- ◦Development
