ACCESS Newswire

BluWave-ai

7.2.2024 15:04:09 CET | ACCESS Newswire | Press release

Share
BluWave-ai and Sunbank, an Independent Power Producer, Enable Dispatchable Renewables With AI Integrated With Microsoft Azure

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.

To view this piece of content from www.accesswire.com, please give your consent at the top of this page.
BluWave-ai Summerside 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

DK

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

Datavault AI and Coppercore Inc. Announce Tokenization of High-Grade Copper Resources into Coppercoin(TM)31.3.2026 15:15:00 CEST | Press release

$100 Million in Initial Coppercoin™ Issuance to Set Industry Standard in Tokenized Copper PHILADELPHIA, PA / ACCESS Newswire / March 31, 2026 / Datavault AI Inc. ("Datavault AI" or the "Company") (NASDAQ:DVLT), a leader in data monetization, credentialing, digital engagement, and real-world asset (RWA) tokenization technologies, and Coppercore Inc. ("Coppercore") today announced the closing of a definitive agreement to digitize and tokenize significant copper resources. The transaction enables Datavault AI to deploy its patented IDE®, DataScore®, and DataValue® blockchain tokenization platform to create Coppercoin™ digital tokens representing pro-rata ownership interests in the underlying in-ground resources. The initial program targets the minting of $100 million or more in Digital Copper Tokens. Coppercoin™ tokens are structured such that each token corresponds to five pounds of underlying high-grade copper resources, with pricing directly linked to the COMEX copper benchmark on a pe

AccessPay Accelerates Growth With Majority Investment From Leading Software Investor, Accel-KKR31.3.2026 10:00:00 CEST | Press release

Financial backing enables AccessPay to scale services for enterprise clients and drive innovation in finance operations MANCHESTER, UK / ACCESS Newswire / March 31, 2026 / AccessPay, a leading bank integration and payment automation provider, has secured a majority investment from Accel-KKR, a prominent global private equity firm specialising in enterprise technology and software companies. The investment is expected to enable AccessPay to fuel the next phase of growth and further its ambition to become a world-class SaaS business driving innovation in the office of the CFO. The investment also opens the door for AccessPay to pursue growth via strategic acquisitions. The office of the CFO faces an increasingly testing operating environment. Alongside cost pressures, increased cyber threats, and a volatile geopolitical climate, AI is fundamentally rewiring finance operating practices. A global McKinsey survey of CFOs from late 2025 reported that 44% of survey respondents had identified

The World's First Agentic CMS Just Got Smarter: Kontent.ai Launches Expert Agents31.3.2026 09:00:00 CEST | Press release

Kontent.ai, the team behind the world's first Agentic CMS, today announced the launch of Expert Agents: purpose-built AI agents that bring deep, specialized intelligence to the content operations teams manage every day. Expert Agents work continuously across content workflows, handling everything that doesn't require human judgment. They can be configured by anyone using simple natural language prompts. BRNO, CZ / ACCESS Newswire / March 31, 2026 / Expert Agents help organizations move faster than ever before, augmenting teams without adding headcount, accelerating campaign launches across markets, improving content performance at scale, and reducing regulatory and compliance risk across even the largest content inventories. The launch marks the next step in Kontent.ai's Agentic CMS vision: a platform where AI agents are embedded directly into the operational layer of content management. At its core, the Agentic CMS combines two layers of intelligence: the Main Agent, which lets teams

Champions Oncology Names Brian Alexander to Board as Company Advances Data-Driven Oncology Strategy30.3.2026 16:55:00 CEST | Press release

Appointment underscores Champions' focus on leveraging clinically relevant data to power next-generation oncology R&D HACKENSACK, NJ / ACCESS Newswire / March 30, 2026 / Champions Oncology, Inc. (Nasdaq:CSBR), a leading translational oncology research organization, today announced the appointment of Brian Alexander, MD, MPH, to its Board of Directors. Dr. Alexander brings extensive experience at the intersection of oncology, data science, and drug development, having held senior leadership roles at organizations including Valo Health, Flagship Pioneering, and Foundation Medicine. His addition supports Champions' strategy to expand the use of clinically relevant data to inform drug discovery and development. Champions is advancing an approach that connects its portfolio of patient-derived tumor models with molecular and clinical datasets to drive more informed decision-making across the drug development lifecycle. This foundation enables the use of advanced analytics and AI to generate

CORRECTION: Mandela Dollar ("MUSD") Announced to Promote Mandela's Legacy of Financial Inclusion for Underserved Communities Across the World30.3.2026 16:25:00 CEST | Press release

This Press Release updates the previous version that had incorrect information Datavault AI Inc., Mandela Dlamini & Manaway L.L.C., and Unity Reserve Holdings L.L.C. Launch MUSD Stablecoin to Advance Financial Inclusion and Honor Nelson Mandela's Legacy PHILADELPHIA, PA / ACCESS Newswire / March 30, 2026 / Datavault AI Inc. (NASDAQ:DVLT) ("Datavault AI" or the "Company"), a leader in data monetization, credentialing, digital engagement and real-world asset ("RWA") tokenization technologies, Mandela Dlamini & Manaway L.L.C., a Wyoming, USA-based entity ("MDM LLC") dedicated to advancing Nelson Mandela's vision of equality, dignity, and economic empowerment, and Unity Reserve Holdings L.L.C. ("Unity Reserve"), today announced the official launch of Mandela Dollar ("MUSD"), a new USD-pegged stablecoin designed to promote financial inclusion for underserved communities globally. MUSD is designed to serve as a transparent, secure, and accessible digital dollar built on blockchain technology

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
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye