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
Karbon-X to Present at the Small Cap Growth Virtual Investor Conference June 4th1.6.2026 15:30:00 CEST | Press release
Company invites individual and institutional investors, as well as advisors and analysts, to attend online at VirtualInvestorConferences.com CALGARY, AB / ACCESS Newswire / June 1, 2026 / Karbon-X Corp. (OTCQB:KARX), based in Calgary, Alberta focused on global carbon markets and climate infrastructure solutions, today announced that Chad Clovis, Chief Executive Officer will present live at the Small Cap Growth Virtual Investor Conference hosted by VirtualInvestorConferences.com, on June 4, 2026 DATE: June 4th TIME: 10:00 AM ET REGISTER HERE Available for 1x1 meetings: June 5th-9th Schedule 1x1 Meetings here. This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. It is recommended that online investors pre-register and run the online system check to expedite participation and receive
Resin Solutions LLC Introduces "Stratix(TM)" Brand Architecture for Products Serving the Aerospace and Defense Applications1.6.2026 15:00:00 CEST | Press release
EXTON, PA / ACCESS Newswire / June 1, 2026 / Resin Solutions LLC, a leading provider of advanced material solutions, today announced the launch of Stratix™, a new brand identity reflecting the company's deepened strategic focus on the Aerospace and Defense sector. This new designation underscores the company's long-term commitment to supporting the unique and demanding requirements of aerospace and defense customers. By clearly bringing both its existing and in-development aerospace and defense products under the Stratix™ brand name, Resin Solutions aims enhance customer confidence, streamline product selection, and further strengthen its partnerships within the sector. The Stratix™ brand trademark will be applied to a growing portfolio of materials engineered to meet the rigorous performance, quality, and reliability expectations critical to aerospace and defense applications. Among the first products to carry the designation are Resin Solutions' flagship and highly-specified aerospac
AccessPay Appoints Johan Jardevall as CEO to Lead Next Phase of Growth1.6.2026 10:00:00 CEST | Press release
-- MANCHESTER, GB / ACCESS Newswire / June 1, 2026 / AccessPay, the leading bank integration provider, today announced the appointment of Johan Jardevall as Chief Executive Officer. Johan succeeds Anish Kapoor, who will become Chairman. Anish is stepping down after more than a decade leading the company through a significant period of growth, technology transformation, and platform development. Johan brings more than 25 years of experience leading and scaling enterprise software and SaaS businesses across Europe and the UK. He has held several senior executive and CEO positions within high-growth technology companies, with expertise spanning operational leadership, customer delivery, strategic growth, and product commercialisation. Most recently, Johan served as CEO of Person Centred Software, where he led the company through a significant phase of operational and commercial growth. The leadership transition follows AccessPay's recent strategic majority investment from Accel-KKR and ma
POLARIS Laboratories Joins the Dow Coolant Care Network as Testing Provider for DOWFROST Heat Transfer Fluids28.5.2026 15:00:00 CEST | Press release
INDIANAPOLIS, IN / ACCESS Newswire / May 28, 2026 / POLARIS Laboratories® today announced Dow has selected POLARIS Laboratories® as a testing provider for DOWFROST™ LC and HD Heat Transfer Fluids used in advanced cooling systems. This collaboration reinforces Dow's commitment to helping customers move beyond reactive maintenance practices toward proactive, data-driven fluid management. DOWFROST™ Heat Transfer Fluids are engineered to support next-generation data center cooling, including direct-to-chip liquid cooling architectures. Formulated with high-purity propylene glycol and advanced inhibitor technology, these fluids enable efficient heat removal, corrosion protection, and long-term operational stability in high-performance computing environments. To meet thermal demands from Artificial Intelligence (AI) and high-density computing, monitoring liquid cooling fluid is critical to protect uptime, maintain performance and reduce operational risk. The Dow Coolant Care Network integrat
Caldwell Strengthens Financial Services and Fintech Capabilities with Addition of Alex Langridge in London28.5.2026 10:30:00 CEST | Press release
TORONTO, ON AND LONDON, UK / ACCESS Newswire / May 28, 2026 / Retained executive search firm Caldwell (TSX:CWL)(OTCQX:CWLPF) today announced the addition of Alex Langridge as a Partner in the firm's Financial Services Practice. Based in London, Langridge advises clients across financial services and fintech on senior executive and board appointments, succession planning, organizational design, and transformational leadership hiring. Based in London, Alex Langridge joins Caldwell's Financial Services Practice, bringing deep expertise across banking, fintech, insurance, and transformational leadership advisory. Langridge brings more than 20 years of executive search and leadership advisory experience, partnering with banks, insurers, fintechs, and private equity- and venture-backed businesses across the UK and EMEA. He is particularly known for placing P&L, operations, commercial, product, technology, and digital leaders into high-impact transformational roles, as well as for helping cli
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
