Arensis and Schneider Electric Launch Smart Microgrid Partnership and Development of ENTRADE IO Blockchain Technology
Arensis, a leading international provider of decentralized energy systems, and Schneider Electric, a leader in microgrid development with integrated efficiency solutions combining energy, automation and software, today announced the joint development of its smart microgrid pilot program. As part of the pilot, Arensis and Schneider Electric will develop a blockchain Application Programming Interface (API) platform for ENTRADE IO, a newly-formed company founded by the CEO of Arensis for off grid project financing and the sale of renewable energy in remote areas around the world.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180925005362/en/
Schneider Electric augmented reality (AR) applications developed for Arensis and ENTRADE IO Smart Microgrid solutions. (Graphic: Business Wire)
Joint development of the smart microgrid systems, combining waste-to-energy, solar and storage, will launch in North America with plans for growth on a global scale. The pilot will explore integrated renewable energy solutions using resources to develop, monitor and operate the systems through augmented reality (AR). The newly-formed ENTRADE IO financing platform is already underway outside of the U.S. helping to raise funds for projects in areas of greatest need, primarily Asia and Africa.
“Our collaboration with Schneider Electric on the development of microgrids with turnkey solutions and project financing structures will bring our long-time vision to life,” stated Julien Uhlig, CEO of Arensis and founder of the new ENTRADE IO entity. “I believe that blockchain is the missing piece to help us bring our decentralized utility to all parts of the world. Smart contract ledgers, free flow of capital, dedicated token offerings for funding and direct donations will revolutionize the way small-scale, high social impact energy projects will be funded in the future. We are incredibly proud to partner with Schneider Electric, one of the largest automation companies in the world, to make the ENTRADE IO platform a reality.”
Live monitoring and the generation and distribution of energy to end users via Arensis IoT applications, in cooperation with Schneider Electric, creates a fast and highly-efficient energy infrastructure. Schneider Electric’s EcoStruxure™ Augmented Operator Advisor facilitates maintenance operations with the help of step-by-step procedures and remote experts leveraging augmented reality. Access to dashboard insights, real-time information, analytics on machine health, performance, efficiency and remote expertise enables tracking, monitoring and maintenance assistance, all from a mobile device.
“Traditionally, 50 percent of time spent on maintenance involves finding information, with the remaining 50 percent devoted to actual intervention on the equipment for smart grid technologies,” stated Mark Feasel, Schneider Electric VP Smart Grid North America Operations. “The system we are working on with Arensis allows users to find information faster, reduce operator error and avoid machine downtime, with features such as giving users the ability to virtually open electrical cabinet doors and increase their overall efficiency.”
Until now, the direct sale of power on a micro-level has been limited by high transaction costs and the cost of operating a small-scale utility for individual customers has not been feasible. Blockchain technology, integrated with smart metering, efficient demand-based power management, automation and AR-based forecasting, is now streamlined with fully automated smart contracts and ledger processing.
Arensis licensing and expertise in decentralized energy systems utilizing localized biomass fuel sources, combined with the smart microgrid expertise of Schneider Electric, is a global solution for those currently without access to energy in regions most impacted by climate change and the key to resilience, optimized energy costs and sustainability - see video.
About Schneider Electric
Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. With global presence in over 100 countries, Schneider is the undisputable leader in Power Management – Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software. In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency. We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.
Arensis is an international provider of distributed energy systems delivering waste-to-energy solutions based on the world’s most advanced biomass gasification technology on the market from its subsidiary German technology company, Entrade Energiesysteme AG. The E4 and recently launched E5 systems generate 50kW of electricity and 120kW of thermal energy each and fit inside a 20-foot shipping container for easy and fast deployment around the world. When stacked together, Arensis/Entrade Combined Heat and Power (CHP) Systems can supply several megawatts of energy completely off grid and can be installed in just weeks. The biomass to energy units are built for primary baseload generation, producing 24/7 energy from both organic and inorganic waste materials. Arensis is a portfolio company of the Los Angeles Cleantech Incubator (LACI) and one of the fastest growing decentralized energy providers in the world, deploying more than 200 units in 11 countries and raising in excess of $60 million since 2016. ENTRADE IO is a license holder of Arensis Inc.
Om Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Følg saker fra Business Wire
Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra Business Wire
CTS Engines Hires Tom Bode as Senior Vice President, Operations10.12.2018 13:00 | Pressemelding
CTS Engines, the global leader for mature engine maintenance within the Aerospace & Defense industry, announced today that it had hired Tom Bode as its Senior Vice President, Operations. In his new role, Mr. Bode will be responsible for all operations, quality, and engineering functions, and will report to Vesa Paukkeri, CTS Engines’s President and COO. Since 2008, Mr. Bode has been the General Manager of the Columbus Engine Center for Pratt & Whitney, a company he joined in 2000. Prior to 2000, Mr. Bode worked at GE Aviation, where he was a quality and engineering leader. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181210005036/en/ Tom Bode (Photo: Business Wire) “As the General Manager of CEC, Tom managed over 700 employees across multiple engine production lines and reduced overhaul turnaround times through the promotion of Lean manufacturing principles,” said Mr. Paukkeri. “His performance as a manager was recognized
Tracxpoint Signed a Major Agreement to Deploy its Artificial Intelligence Cart (AiC®) Platform at CONAD, One of the Largest and Most Sophisticated Supermarket Chains in Italy with 3,000 Locations in Lieu of Amazon Go after Intensive Study10.12.2018 11:00 | Pressemelding
Tracxpoint, a global provider of next-generation self-checkout grocery solutions, today announced an agreement to roll out its Artificial Intelligence Cart (AiC®) at CONAD DEL TIRRENO, one of the seven cooperatives of CONAD’s chain with more than 3,000 supermarket stores in Italy. This is a major milestone for the Israeli startup in its mission to establish the AiC® platform as the most powerful, accessible and comprehensive solution for self-checkout and personalized in-store engagement on the market today. CONAD DEL TIRRENO will start implementing the AiC® ecosystem during 2019. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181210005176/en/ The Tracxpoint AiC enables checkout-free stores and personalized in-store engagement for Italy's largest supermarket chain, CONAD. (Photo: Business Wire) In direct contrast to capital-intensive and smaller store concepts like Amazon Go or its imitators that rely on ceiling cameras for
Jetex Now the Exclusive Dealer in the Middle East for Hi-Tech New HondaJet10.12.2018 09:52 | Pressemelding
Jetex is bringing the next-generation in advanced private jets to the Middle East after striking an agreement with Honda Aircraft Company to become the exclusive authorized dealer for the region. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181210005273/en/ Adel Mardini of Jetex signs with Simon Roads of Honda Aircraft Company (Photo: AETOSWire) The deal means Jetex is now the manufacturer’s sole representative for the new HondaJet offering sales and support across the Gulf and Middle East region. “With Honda’s brand strength and recognition in the Middle East, we have received tremendous interest in the HondaJet Elite. We are proud to appoint Jetex as HondaJet Middle East to provide our customers with a committed sales team in the region for the world’s most advanced very light jet,” said Honda Aircraft President and CEO Michimasa Fujino. “We are proud to be chosen by Honda Aircraft Company and excited to be awarded the r
China Shanghu Builds Itself into an International Health Demonstration Zone10.12.2018 09:16 | Pressemelding
On October 25, 2018, the 13th Meeting of the Conference of the Contracting Parties to the Ramsar Convention on Wetlands declared that Changshu was put on the list of the first “International Wetland Cities” in the world, in recognition of its success in the protection of wetland ecology. The award is arguably the most influential on a global scale—supreme and unchallenged. It was against this backdrop that the project of Changshu Shanghu International Health Demonstration Zone was commenced. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181210005254/en/ 2025 Shanghu International Health Demonstration Zone (Photo: Business Wire) Covering an area of about 40 million square meters, Changshu Shanghu, a national wetland park, is slap bang in the middle of the city, including 800-hectare ecological lake, four parks and ten places of interest. In compliance with the strategy for Healthy China 2030, the characteristic “Modern Healt
KOKUYO's "360° Gliding Chair ing" Wins FRAME Awards ORGATEC 2018 in Two Categories10.12.2018 09:00 | Pressemelding
KOKUYO Co., Ltd. (TOKYO:7984), a leading provider of office design and furniture in Japan, won FRAME Awards for "360º Gliding Chair ing" in two categories at ORGATEC 2018, “Trade Fair Stand of the Year” and “Best Use of Light,” which is organized by the Dutch interior design magazine "FRAME." This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181210005248/en/ KOKUYO's "360° Gliding Chair ing" Wins FRAME Awards ORGATEC 2018 (Photo: Business Wire) ORGATEC 2018, the largest International Trade Fair for Furnishing and Management of Offices and Office Facilities was held from October 23 to 27 in Cologne, Germany. Internationally renowned creators and critics from Amsterdam, Berlin, and elsewhere in Europe were the judges of FRAME Awards critiquing global furniture manufacturer booths in four categories: Best Use of Colour, Best Use of Light, Best Use of Material, and Trade Fair Stand of the Year. Winners in these categories will be h
SIAE MICROELETTRONICA Outperforms Telefónica 10Gbps E-band Tests to Power 5G Backhauling10.12.2018 08:00 | Pressemelding
Telefónica a global leader mobile operator and SIAE MICROELETTRONICA a leader in wireless transport technology have put to the test the high capacity 10Gbps wireless links to enhance the backhauling network for the future advent of 5G. The millimetre-wave point-to-point radio operating at 80GHz E band carrier, offers the lowest transport latency and the highest wireless capacity of 10Gbps over a single channel, satisfying the strict 5G requirements. Telefónica successfully field tested SIAE MICROELETTRONICA millimetre-wave radio solution in two use cases: 10Gbps point-to-point links addressing urban applications and the multicarrier link aggregation addressing the sub-urban applications, pushing high capacity connectivity to longer distances. “SIAE MICROELETTRONICA and Telefónica have cooperated over multiple projects all aiming to satisfy the 5G backhaul requirements. From microwave SDN applications to the introduction of state of the art millimetre-wave radio, once again crossing tog