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OTTAWA, Canada – October 5, 2023
BluWave-ai announced it is expanding its international footprint for the Japanese market following completion of a project to maximize use of renewable energy assets at Japanese industrial sites in partnership with one of Japan’s top engineering companies. BluWave-ai is bringing its technology from global AI deployments, enabling the energy transition in Japan by optimizing energy at industrial grid attached plants with solar generation and battery storage.
BluWave-ai’s initial project was to explore the advantages of AI-driven energy optimization using the BluWave-ai Smart Grid Optimizer in the Japanese industrial context. This took place at a corporate R&D Center which uses a combination of rooftop solar, battery energy storage systems, and biomass generation. BluWave-ai was able to show a meaningful reduction in demand peaks, substantial savings on monthly energy costs and reduced GHG emissions, tailoring the Smart Grid Optimizer for Japan:
100% of the renewable energy generated by the PV solar array and biomass energy generation system was captured and used while avoiding reverse power flow to the grid.The target of a 20% improvement in demand peak reduction was also surpassed.
The company is building on this success as a foundation to launch a broader engagement in the country. BluWave-ai’s Smart Grid Optimizer deployments are in operation worldwide, maximizing the use of renewables and energy storage. For example: North America’s first solar power time shifted rock concert run during the 2022 Bryan Adams Tour from which some of the innovations for this project were built.
“This successful result shows the portability of our AI models across geographic locations for electricity markets around the world,” said Devashish Paul, BluWave-ai CEO, “As Japan has an islanded grid focusing on a shift from nuclear to renewables, this fits closely with BluWave-ai’s mission. Moreover, the solution is not just ideal for industrial customers, but also for electricity system operators. We look forward to building on this initial success to expand the footprint all over Japan.”
BluWave-ai is participating in a trade mission hosted by the Ontario Ministry of Economic Development, Job Creation and Trade and will be exhibiting at the CEATEC conference at the Makuhari Messse, Chiba, Japan, October 17th to 20th 2023. This provides opportunities for partners seeking advanced technologies to meet with BluWave-ai to further mutual sustainability goals. BluWave-ai aims to expand on this strong start in Japan, to continue its journey in the Global Energy Transition collaborating with like minded clients, technology partners and investors.
BluWave-ai is also joining the Innovation Leaders Summit being held in Tokyo from December 4th to 7th. The ILS is Asia’s largest open innovation conference with the aim of matching major companies and startups, and creating innovative new businesses.
To meet with BluWave-ai at CEATEC, and ILS please contact: [email protected]
To learn more about the BluWave-ai Smart Grid Optimizer and solutions for Grid-Tied Enterprises please contact [email protected] for further consultation on deployment at your facility.
About BluWave-ai
Founded in 2017, BluWave-ai is building the world's premier transport electrification and renewable energy AI company headquartered here in Canada’s capital of Ottawa. We are focused on driving the proliferation of renewable energy and electric transportation worldwide with SaaS based AI solutions. Our products optimize in real-time different energy sources, both renewable and non-renewable. This lets our customers – fleet operators, corporations, and utilities – improve their energy decisions for sustainability and costs. BluWave-ai has raised over $16M to date inclusive of a Series A round lead by Ontario Power Generation's Fleet Electrification subsidiary PowerON Energy Solutions and non-dilutive funding in its seed round from Sustainable Development Technologies Canada.
For More Information Please Contact:
Brandon Paul, Senior Corporate Marketing Manager, BluWave-ai
www.bluwave-ai.com