Category: News 2019

2 posts
  • Munich’s GreenCom Networks, leading energy IoT company, invites “Makers” to develop drivers for its Gateway portal
  • Driver library to be one of the biggest of its kind and cover PV solar panels, EV chargers, electricity storage batteries, heat pumps, and other distributed devices
  • Following investment from utility giant Centrica, device library a further step towards building energy communities and virtual power plants

Munich, 28th of February. Munich’s GreenCom Networks, recently in the news after receiving investment from British utility giant Centrica, has invited “Makers” to join forces in building a large library of energy device drivers. The library targets energy relevant devices such as solar inverters, battery storages, and electric vehicle chargers and is set to accelerate deployment of energy communities and virtual power plants.

The invite comes as Makers – electronic DIY enthusiasts – gather in Munich on Saturday and Sunday 2nd and 3rd of March for South Germany’s largest Maker fair, where GreenCom Networks will also be present and demonstrate its community at booth H1 45.

Christian Feißt, CEO of GreenCom Networks said: “What we are aiming to achieve with our Gateway portal is that you can simply take any PV solar panel or storage battery, from any manufacturer, and integrate it into our energy community like you would with a plug-and-play device. This will transform the energy business – ultimately, it will decrease energy bills, while increasing the usage of renewable energy.”

The use of communication protocols such as Modbus TCP varies amongst manufacturers, and even across models from the same manufacturer, which means that there is no standardized registry for defining and assigning the data points. Thus, GreenCom is looking for help from experienced makers and developers.

Mr. Feißt added: “Having a comprehensive device driver library is key to the success of energy communities. We want to integrate a vast number of energy devices through our Gateway and simplify installation. We will provide support and practical advice, particularly with Modbus TCP protocols. In return, makers will gain valuable experience and full access to our energy community for free. Makers come and join us!”

More information for Makers and a means to get in contact can be found here (https://www.greencom-networks.com/join-us/)

Home energy IoT provider GreenCom Networks closes fundraising round with Centrica Innovations

  • GreenCom Networks’ end-to-end solution for distributed energy resources enables energy retailers and energy device OEMs to offer innovative digital energy services
  • Investment will help push GreenCom’s international expansion
  • Investor Centrica brings extensive experience in customer-facing business

Munich, London, January 18th, 2019. GreenCom Networks has successfully closed a significant fundraising round led by international energy and service company Centrica. The current shareholders SET Ventures, Munich Venture Partners and Cosmos were also participating in this round. The funding will be used to finance a further international expansion of GreenCom’s Energy Internet of Things (IoT) platform in the European market.

GreenCom provides utilities, energy service companies and OEMs of energy-relevant devices with an end-to-end solution for distributed energy resources management (DERM). As the future energy markets will be heavily based on distributed assets like solar PV, batteries, electrical heating devices or electric vehicles, the number of those devices is expected to grow by a factor of five over the next 15 years. This provides significant opportunities for energy service companies to offer end-to-end services for customers. GreenCom’s Energy IoT platform is the foundation for digitally connecting and managing those devices for an optimal usage for homeowners.

GreenCom integrates distributed assets from a large variety of vendors and enables new energy services like power, heat or mobility flat-rates, energy communities, or generation of additional benefits from trading the flexibility of devices in a virtual power plant.

“We are delighted to have Centrica on board as an investor,” commented Christian Feisst, CEO of GreenCom. “Not only has Centrica a strong customer base in Great Britain and North America, they also bring extensive experience with customer-facing business in the energy industry to the table. And Centrica has a proven track record of building up customer-centric service business.”

“We know from talking to our customers that they are looking for a service that is easy to use, helps them to save money, and has a positive environmental impact. It’s because of this that we are excited to join GreenCom Networks with this significant investment and commercial collaboration, which will see us work together to develop new propositions for energy users around the world.”, said Idan Mor, Centrica Innovation Investment Director, who will join the GreenCom Supervisory board.

About GreenCom Networks

As a software-as-a-service company, GreenCom Networks offers a white label Energy IoT Platform to utilities, energy service companies, and energy-relevant device manufacturers. With its platform GreenCom Networks enables customers to launch disruptive digital business models while leveraging the increasing share of distributed energy assets and end consumers’ demand for innovative services like energy flat rates, energy communities or peer-to-peer energy.

About Centrica

Centrica plc is an international energy and services company. Its purpose is to provide energy and services to satisfy the changing needs of its customers. Centrica Innovations was established in 2017 and aims to invest £100m in new technology and innovations for homes and businesses. Through its Connected Home business, Centrica Hive, Centrica offers a range of smart home products and has deployed over 1 million connected home hubs worldwide.