BluWave-ai
7.2.2024 15:04:09 CET | ACCESS Newswire | Press release
Sunbank is a Joint Venture With Samsung Renewables and the City of Summerside
OTTAWA, ON / ACCESSWIRE / February 7, 2024 / BluWave-ai announced today the signing of a contract with the City of Summerside (PE, Canada) to deploy and activate its AI-driven Smart Grid Optimizer for Summerside's Solar Farm: Sunbank.
Sunbank boosts the city's renewable generation with 21.6 MW of solar and a 10 MW/20 MWH hour battery, augmenting a 12 MW wind farm supplying the city. Integrated with Microsoft Azure, the cloud-based software solution from BluWave-ai optimizes the operation of Sunbank to make the most of available renewables, which cuts net energy costs and reduces the carbon footprint of the city.
Depending on weather conditions, solar and wind energy generation is highly variable and, as such, is not dispatchable. Dispatchable generation can be requested to supply needs at short notice to handle peaks in demand and shortfall in other supply. Most power grids today use dispatchable gas-fired and other fossil-fuel-fired power plants or, in Summerside's case, importing energy from the mainland via subsea cable, which is generated with a mix of non-renewable and renewable sources. With a maximum peak load of about 35 MW, Summerside can manage most of this peak demand with clean energy if it is made dispatchable.
Energy storage such as Sunbank's provides the capability to capture energy during surplus periods and release when needed to meet system demand. Intelligent control is needed to maximize the use of renewable energy, predicting demand and generation ahead of time to optimally schedule charging. This includes discharging energy storage and any shortfall required from other sources to avoid curtailing or wasting that energy. This is where BluWave-ai's Smart Grid Optimizer comes into play.
BluWave-ai and the City of Summerside's collaboration has expanded from North America's first AI-enabled energy dispatch announced in 2019 to the first end-to-end AI-optimized smart grid in North America in 2021. This integrates control of local energy assets including solar and energy storage at the city's sports arena complex, which delivered a 100% solar-powered concert in 2022. With this contract, the solution integrates the utility-scale Sunbank solar and energy storage facility, providing more effective dispatchable clean energy capacity to meet the city's needs.
"With the Canadian Federal Government's target for net zero electricity grids by 2035, a key to retiring natural gas peaking plants and coal-fired thermal plants, will be to manage fluctuating renewables in the context of the needs of the grid," said Devashish Paul, CEO BluWave-ai. "Leveraging 26 USPTO patents filed in the area of grids and optimization embedded in our AI products, this project at Sunbank will be a key AI-enabled battery dispatch project applicable to smart grids across Canada by 2035."
Summerside's state-of-the art smart grid with BluWave-ai's Smart Grid Optimizer showcases a solution that is applicable worldwide as system operators and power utilities strive to build in more renewables to reduce fossil-fuel generation and corresponding emissions. With increased renewable capacity in the system, responding to demand peaks and avoiding curtailing renewable energy during lower demand periods is a significant problem. For example, California curtails about five percent of its solar and wind energy each year: clean energy that would have powered 370,000 homes in the state. In addition to the capabilities in operation at Summerside, the Smart Grid Optimizer can be augmented with BluWave-ai EV Everywhere to corral the rapidly growing, large capacity of energy storage from EVs and behind-the-meter EV chargers connected within electricity distribution grids to further uptake renewables with AI-managed active charging.
"As the global conversation at COP28 centered on reducing worldwide emissions and addressing climate change, the City of Summerside has proactively implemented substantial measures to greatly diminish our carbon footprint. Our collaboration with Bluwave-ai showcases the pioneering end-to-end AI-controlled smart grid in our city, deploying cutting-edge innovation to deliver tangible outcomes in emission reductions and energy cost savings. The integration of Sunbank into our operations marks a significant stride towards achieving net zero energy for our community," said Dan Kutcher, Mayor of the City of Summerside.
"Wind and solar farms all over North America need to be turned into effective dispatchable energy assets to maximize use of clean energy," said Thomas Triplet, Senior Director of Engineering, BluWave-ai. "With a combination of Sunbank's renewable energy expertise and BluWave-ai's AI-driven optimization, we can provide this capability, reducing the reliance of electricity systems on fossil-fuel generation without sacrificing capacity to handle demand peaks."
For more information on the BluWave-ai Smart Grid Optimizer or for independent power producers who want to meet with BluWave-ai's Smart Grid Optimization experts at Distributech in Orlando, Florida, at Booth 1325, Kiosk 1 (Feb. 26-29), please contact info@bluwave-ai.com.
Contact Information
Brandon Paul
Senior Corporate Marketing Manager
brandon.paul@bluwave-ai.com
SOURCE: BluWave-ai
To view this piece of content from stats.newswire.com, please give your consent at the top of this page.View the original press release on newswire.com.
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.About ACCESS Newswire
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
GoodData.AI Brings Governed Agentic Analytics to Regulated Enterprises Across DACH8.7.2026 13:05:00 CEST | Press release
GoodData.AI lets regulated enterprises in Germany, Austria, and Switzerland build and govern AI agents that support business processes, while maintaining full control over where AI runs and what data it can access. SAN FRANCISCO, CA / ACCESS Newswire / July 8, 2026 / GoodData.AI, an open agentic analytics platform with nearly two decades of analytics experience, today announced an expanded investment in the DACH region, bringing governed agentic analytics to regulated enterprises across Germany, Austria, and Switzerland. Many regulated enterprises have held off on production AI because outputs can't be traced back to approved business logic. GoodData.AI's platform addresses that directly: agents stay on a process over time, drafting and updating reports, analyses, and recommendations as new data comes in, while every output stays grounded in logic the company has already approved and can show an auditor on request. The EU AI Act has introduced some of the most comprehensive AI governan
Polaris Announces Execution of Mixed Investment Agreement for the Three Mexico Projects7.7.2026 13:50:00 CEST | Press release
TORONTO, ON / ACCESS Newswire / July 7, 2026 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris" or the "Company") is pleased to announce that, further to its press release dated June 8, 2026, it has reached another important milestone in the development of its three renewable energy projects selected under Mexico's Comisión Federal de Electricidad ("CFE") Mixed Development Program (the "Mixed Program"). On July 3, 2026, Polaris, through its Mexican project structure, executed the Mixed Investment Agreement (Contrato de Inversión Mixta or "CIM") with the fiduciary trustee, Banca Mifel, S.A., Institucion de Banca Multiple, Grupo Financiero Mifel, acting on behalf of CFE. The CIM establishes the contractual 30-year framework governing the joint participation of Polaris and CFE in the development, financing, construction, ownership and operation of the three selected projects, including the applicable governance, economic and corporate arrangements. The CIM includes the key information a
Oxford University Press Comes to Simply Piano7.7.2026 10:00:00 CEST | Press release
Content from OUP's acclaimed piano method is now available to millions of Simply Piano learners worldwide NEW YORK, NY / ACCESS Newswire / July 7, 2026 / Simply, the leading digital platform for creative hobbies, today announced an agreement to bring content from Oxford University Press' (OUP) piano method to Simply Piano. This expands Simply Piano's offering and marks a step forward in its mission to make the pursuit of creative hobbies simple and fun for all. Simply Piano users around the world will gain access to an expanded library of high-quality, curated sheet music spanning OUP's works including Piano Time and Tunes for Ten Fingers, all within the app's interactive learning environment. The integration expands Simply Piano's sheet music library across genres, complementing its step-by-step courses and real-time feedback tools. "Access to songs people love is one of the strongest drivers of learning," said Yuval Kaminka, CEO & co-founder of Simply. "Working with OUP allows us to
AM Technical Solutions Acquires Sequence, Inc., Expanding Life Sciences Engineering and Commissioning, Qualification, and Validation (CQV) Capabilities7.7.2026 07:00:00 CEST | Press release
KILDARE, IRELAND / ACCESS Newswire / July 7, 2026 / AM Technical Solutions (AM), a global architecture, engineering, construction, and commissioning firm specializing in high-technology markets, announces the acquisition of Sequence, Inc., a leading engineering firm specializing in Process Design, Commissioning, Qualification, and Validation (CQV) solutions for life sciences and related high-tech industries. Sequence, headquartered in Morrisville, North Carolina, brings deep expertise in CQV, Computer System Validation (CSV), IT/OT integration, operational readiness, and life sciences engineering excellence. Their cross-functional approach to process engineering and facility startup has earned them a strong track record accelerating time to market for pharmaceutical and biopharmaceutical clients across the full project lifecycle -- from conceptual design through licensure and commercial operations. This acquisition deepens AM's existing Engineering and CQV capabilities with proven team
Crossmint Secures Payment Institution and MiCA Authorization, Completing a Full-Stack EU Regulatory Stack for Stablecoin Payments3.7.2026 21:00:00 CEST | Press release
With Authorization as a Crypto-Asset Service Provider Under MiCA and Payment Institution Under PSD2, Crossmint Now Operates Under Both of the EU's Core Frameworks for Stablecoin Infrastructure, Giving Enterprise Fintechs One Regulated Provider to Hold Stablecoins and Move Them as Payments MADRID, ES / ACCESS Newswire / July 3, 2026 / Crossmint has been authorized as a Payment Institution (PI) by the Bank of Spain under the EU's Payment Services Directive (PSD2). Earlier this year, Crossmint received MiCA class 2 authorization from Spain's CNMV, establishing complete authorization to operate as a crypto-asset service provider across the EU. After completing the required conditions, Crossmint has now successfully been fully registered as a CASP with CNMV, which allows passporting across all 27 EU member states. PSD2 authorization is the natural expansion of that compliance footprint, enabling stablecoins to be used as a means of payment under EU payments law. "Crossmint's mission is to b
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom