Solo Energy Launches FlexiGrid Built on Asavie IoT Connect to Transform the Renewable Energy Market

Secure managed IoT connectivity for virtual power plant

BARCELONA, Spain–(BUSINESS WIRE)–#IIoT—Asavie, a
leader in secure Enterprise Mobility and IoT Connectivity, today
announced that Solo Energy a new ‘energy-storage-as-a-service’ utility
business is leveraging Asavie IoT Connect to connect its FlexiGrid,
cloud-based platform to a distributed network of battery storage units.
FlexiGrid operates as a centrally controllable Virtual Power Plant
(VPP), delivering savings to consumers and providing valuable services
to power system operators and electricity suppliers alike.

Asavie IoT Connect™ enables Solo Energy to easily manage and
interconnect the FlexiGrid platform with a distributed network of
cellular enabled battery storage units deployed on commercial and
domestic buildings. Asavie IoT Connect™ controls access to and
management of the energy storage units from a centralized location, with
a complete view of the connected storage units, and information on
network status and alert notifications. Additionally, Asavie IoT
Connect™ enables Solo Energy to quickly deploy, without up-front expense
or CAPEX requirements to build a physical and secure network, with the
scalable on-demand ease of accessing new energy storage units in the
private network.

Liam Breathnach, CTO, Solo Energy, said, “Asavie’s approach to secure
connectivity aligns with our energy storage-as-a-service model. Their
service facilitates rapid deployment, providing us with the ability to
scale easily and their secure, cost-effective approach allows us to
deliver the energy grid of the future, today. It’s also very important
that we can trust the data we aggregate from our energy storage assets,
as it’s core to the success of our VPP. By leveraging Asavie IoT
Connect™ we get this peace of mind combined with impressive innovation.”

Welcoming the announcement, Ralph Shaw, CEO, Asavie, said, “We are
excited by this engagement with Solo Energy. We focus on providing our
customers with secure network connectivity services to help them harness
the potential of the IoT and innovate their businesses.”

“Asavie eliminates the risk for companies by providing on-demand,
scalable, intelligent IoT connectivity services. Solo Energy’s FlexiGrid
is a great example of a new innovative product for the energy market
leveraging Asavie to deliver energy-storage-as-a-service,” continued
Shaw.

The Solo Energy offering charges its battery-based storage network from
the grid during periods of peak renewable generation and low demand when
wholesale electricity market prices are typically lower, and from
on-site solar PV / wind generation where present. When wholesale market
prices increase, Solo Energy can switch their customers’ power supply,
from grid to battery sourced energy, delivering lower-cost electricity
stored in the battery network. VPP operation of the distributed storage
network also enables delivery of flexibility services to system
operators.

Asavie are exhibiting their Connected Innovations all week at MWC on
Stand E12, Hall 7.

About Asavie

Asavie makes secure connectivity simple for any size of mobility or IoT
deployment in a hyper-connected world. The Asavie
PassBridge® platform powers on-demand services for the secure and
intelligent distribution of data to connected devices anywhere. This
enables enterprises to harness the power of the internet of things and
mobile devices to transform and scale their businesses. Strategic
partners include AT&T, Telefonica, Verizon, Vodafone, as well as Arrow,
AWS, Dell and MultiTech.

About Solo Energy

Solo Energy is a new ‘energy-storage-as-a-service’ utility business.
Solo’s cloud-based software platform, FlexiGrid, controls and aggregates
battery storage systems, including both static batteries and Electric
Vehicles, to create a distributed energy storage network operating as a
centrally controllable Virtual Power Plant, delivering savings to
customers and valuable services to power system operators and
electricity suppliers alike.

Contacts

For Asavie
Hugh Carroll
+ 353 1 676 3585/+353 86 604
9270
[email protected]
or
ReturnPR
Anne
Marie McCallion
+353 86 834 9329
[email protected]
or
For
Solo Energy
Liam Breathnach, CTO
E-mail: [email protected]
Phone:
+353 86 845 4312