According to the IEA, renewable energy technologies like solar and wind are the key to reducing emissions in the electricity sector, which is the single largest source of CO2 emissions today. In order to reach net-zero, almost 90% of global electricity generation in 2050 will need to come from renewable sources, with solar PV and wind together accounting for nearly 70%.
However, managing renewable assets is still cumbersome and far from being automated or intelligent. If the market will grow as anticipated, by an impressive 15% CAGR from 2022 to 2030 and reaching a total installed capacity of over 800 GW, new solutions for managing renewable asset portfolios will be needed.
With Amperecloud, owners and operators of renewable energy plants can manage their entire portfolios on a single platform, increasing efficiency. As the only comprehensive, all-in-one solution, ampere.cloud allows its customers to enable scaling while minimizing costs and reducing losses.
The Amperecloud platform connects the full value chain from local communication and remote control for operators via IoT, to automated monitoring, to connecting the facilities to energy traders.
Why we invested
While currently focussed on solar, ampere.cloud is agnostic towards other production forms. In a very fragmented industry that faces skilled-labor shortage, ampere.cloud’s platform enables renewable energy companies to grow faster as they put their plant operations on autopilot. By establishing a connection between the plants and local grid operators as well as offering remote control to the energy markets, ampere.cloud helps stabilizing the local grids and matching supply and demand of fluctuating energy generation. This is essential to prevent blackouts in a future world that relies largely on renewable energy.