Ottawa, November 27, 2020
BluWave-ai is participating in the Smart Power category. Its challenge involves building a simulator based on real-time and historical data from ABB’s Net Zero headquarters in Bergamo, Italy, as well as from Canadian sites where BluWave-ai is already operational. BluWave-ai will connect its distributed artificial intelligence (AI) platform with the building management system using ABB’s application programming interface.
BluWave-ai’s machine learning will analyze the data to deliver intelligent control of load management and charging. In addition, BluWave-ai will propose battery and large electric vehicle (EV) fleet storage optimization for energy arbitrage at the Bergamo facility.
The proposed solution would enable commercial and industrial customers and EV charging infrastructure customers of ABB and BluWave-ai to converge diverse data from solar generation, wind power, real-time market pricing, variable loads, battery storage, EV chargers, and demand response programs. BluWave-ai’s software-as-a-service (SaaS) platform leverages AI to produce optimal energy decisions, increasing the renewables mix, decreasing the carbon footprint, and saving customers 10-20% in energy costs in the process.
BluWave-ai has filed several patents in intelligent smart grid optimization and intelligent EV charging, bringing this innovation to the ABB collaboration.
Camilla Kullborg, ABB VP, Global Technology Startup Scouting, SynerLeap, comments, “ABB’s innovation growth hub, SynerLeap, helps startups accelerate and expand on the global market. SynerLeap offers mentorship and a unique access to ABB’s networks, clients and technology. BluWave-ai’s strong data-driven technology and sustainability focus secured it a place in the Smart Power category, competing against four other innovative enterprises to secure the winning spot.”
Devashish Paul, CEO and Founder of BluWave-ai, explains, “This multi-faceted deployment of our AI with ABB’s operations highlights the dynamic nature of the patented BluWave-ai solution applied to multiple areas of electrification for intelligent real time analysis, prediction, and optimization of energy use and its carbon footprint.”
The three winning startups will each receive a $30,000 investment and will work in close collaboration with ABB with the ambition to bring their innovative ideas to market and benefit from immediate access to ABB’s global customer base.
SynerLeap is ABB’s global innovation growth hub. Our goal is to help startups to accelerate and expand in a global market together with ABB. SynerLeap opens up for investments and offers to the members mentorship as well as a unique access to ABB’s networks, customers and technology in automation, robotics and energy. Today, more than 90 companies have joined SynerLeap including Graphmatech and MTEK from Sweden, Everactive from USA and NumoCity from India. The growth hub started with a focus on Sweden, expanded to the Nordic region and is now also open to companies from all over the world. www.synerleap.com
ABB (ABBN: SIX Swiss Ex) is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future. By connecting software to its electrification, robotics, automation and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels. With a history of excellence stretching back more than 130 years, ABB’s success is driven by about 110,000 talented employees in over 100 countries. www.abb.com
BluWave-ai is focused on driving the proliferation of renewable energy and electric transportation worldwide. Our solutions apply artificial intelligence to optimize the cost, availability, and reliability of different energy sources, both renewable and non-renewable, in real-time. This lets our customers -- communities, corporations and utilities -- improve their energy decisions for sustainability, reliability, and affordability. www.bluwave-ai.com
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