The startup develops predictive energy software that utilizes data science to optimize the monitoring and control of hybrid energy systems. By enabling intelligent management of micro-electrical networks, the platform helps customers lower their energy bills and facilitates affordable renewable energy production and local storage.
Funding
$14M 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
Managing hybrid energy systems, particularly those integrating renewable sources like solar, presents challenges in optimizing energy production, storage, and distribution. Inefficient monitoring and control can lead to increased energy costs and hinder the effective use of renewable energy resources.
Solution
Elum Energy provides monitoring and control solutions for solar power systems, enabling intelligent management of micro-electrical networks. Their products facilitate the connection and operation of renewable energy plants, maximizing solar penetration while ensuring grid stability. The company offers a range of controllers and interfaces designed for commercial & industrial (C&I) microgrids and utility-scale applications, including solutions for solar diesel integration, solar storage integration, zero export, data logging, and solar EV charging stations. Elum's solutions help EPCs and IPPs reduce their Levelized Cost of Energy (LCOE) by saving on installation costs and increasing plant performance through reliable control and supervision tools.
Target Audience
Elum Energy's primary customers are EPC (Engineering, Procurement, and Construction) companies and IPPs (Independent Power Producers) in the solar and hybrid energy sectors.
Features
- ePowerControl: A versatile controller that interfaces with any grid, plant usage, and plant setup, designed for easy installation.
- ePowerMonitor: A universal supervision tool that interfaces with any power asset, providing portfolio performance analysis and enabling remote plant control.
- eConf: A user-friendly interface for autonomous configuration and seamless control of plants.
- Solutions for C&I/Microgrids: Maximize PV penetration with solutions for solar diesel integration, solar storage integration, zero export, datalogging, and solar EV charging stations.
- Solutions for Utility Scale: PPC controllers and SCADA systems to handle the complexity of large-scale applications.
- Compatibility with 95% of equipment on the market.
- Remote and on-site customer support during commissioning.