Circadian Technologies offers a SaaS platform and IoT hardware to help solar developers and energy service companies in emerging markets optimize decentralized renewable energy systems. Their end-to-end solution provides data-driven insights for improved design, financing, operation, and maintenance of solar projects, ultimately reducing operating costs and increasing revenue.
Funding
$1.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Solar developers and energy service companies in emerging markets face challenges in optimizing decentralized renewable energy systems due to a lack of comprehensive data and monitoring capabilities. This leads to inefficiencies in design, financing, operation, and maintenance, resulting in increased operating costs and reduced revenue for solar projects.
Solution
Circadian Technologies offers a hardware-enabled SaaS platform that provides data-driven insights for optimizing decentralized renewable energy systems. Their end-to-end solution, comprised of the Cortex Controller and Cortex Cloud, enables predictive control and automation, increasing profits for businesses. The Cortex Controller, an edge computer, captures data from multiple sources and pushes datasets to Cortex Cloud, an energy asset management platform that provides consolidated real-time information, enabling users to remotely manage portfolios, streamline operations and maintenance processes, and set configurable alarms. Circadian Technologies also offers an integrated range of wireless, tamper-proof sensors to ensure energy assets are monitored and safeguarded effectively. The platform also supports virtual power plant capabilities, enabling telecom tower operators to generate income by monetizing their stored energy through energy trading and time-of-use optimization.
Target Audience
The primary target audience includes solar developers, energy service companies, and telecom tower operators in emerging markets and Europe seeking to optimize and decarbonize their distributed energy systems.
Features
- Cortex Controller: Edge computer with plug-and-play GSM connectivity for data integrity and reliable internet connectivity.
- Cortex Cloud: Energy asset management platform providing real-time data, remote portfolio management, and configurable alarms.
- Wireless Sensors: Tamper-proof sensors for fuel level tracking, AC/DC power consumption measurement, environmental monitoring, and site security.
- Virtual Power Plant (VPP) Platform: Enables monetization of backup power through energy trading, time-of-use arbitrage, and grid balancing.
- Smart Energy Storage Solutions: Energy storage battery solutions (Grid Vault 60 and Grid Vault 215) integrated with the Cortex energy management system.
- Fuel Supply Tracker: Fuel delivery tracking app and diesel tank probe to protect against diesel loss and fuel adulteration.
- Predictive Maintenance: Predictive intelligence for smart scheduling of field engineering site visits.