Nova Energy

About Nova Energy

Nova provides a platform for monitoring and mitigating the environmental impact of compute environments through detailed emissions tracking and energy consumption analysis. By utilizing a rigorous energy validation process, the company enables organizations to quantify their sustainability efforts and ensure compliance with regulatory standards.

<problem> Data centers, Web3 networks, and AI models consume significant energy, contributing to a growing environmental footprint and raising concerns about the sustainability of digital operations. Existing methods for measuring environmental impact often lack standardization, transparency, and completeness, hindering accurate assessment and informed decision-making. </problem> <solution> Nova provides a platform for monitoring and mitigating the environmental impact of compute environments, offering detailed emissions tracking and energy consumption analysis. Through a rigorous Energy Validation Process (EVP), Nova enables organizations to quantify their sustainability efforts using Green Scores, which are minted as dynamic NFTs on the Base network. The platform assesses location information, hardware configuration, water consumption, electricity consumption, energy production data, and renewable energy procurement to provide a comprehensive view of a digital operation's environmental footprint. By offering transparent and verifiable sustainability metrics, Nova empowers businesses to make data-driven decisions, ensure compliance with regulatory standards, and transition towards a greener digital future. </solution> <features> - Energy Validation Process (EVP) that assesses location, hardware, water usage, electricity consumption, and renewable energy procurement. - Green Scores methodology that provides a standardized measure of environmental performance, minted as dynamic NFTs on the Base network. - Comprehensive reporting and auditing platform for informed decision-making and actionable insights. - Trusted verification process utilizing diverse records from utility bills to calibration logs. - Reliable attestation services ensuring compliance and accuracy through meticulous review. - Renewable Energy Credit (REC) matching to optimize clean energy usage. </features> <target_audience> Nova's primary customers are Web3 node operators, AI model developers, and data center operators seeking to understand, improve, and report on their environmental performance. </target_audience>

What does Nova Energy do?

Nova provides a platform for monitoring and mitigating the environmental impact of compute environments through detailed emissions tracking and energy consumption analysis. By utilizing a rigorous energy validation process, the company enables organizations to quantify their sustainability efforts and ensure compliance with regulatory standards.

Where is Nova Energy located?

Nova Energy is based in Lisbon, Portugal.

When was Nova Energy founded?

Nova Energy was founded in 2024.

Who founded Nova Energy?

Nova Energy was founded by Marc Johnson and Nima Ahmed.

  • Marc Johnson - Founder
  • Nima Ahmed - Founder
Location
Lisbon, Portugal
Founded
2024
Employees
2 employees
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Nova Energy

Score: 36/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

Nova provides a platform for monitoring and mitigating the environmental impact of compute environments through detailed emissions tracking and energy consumption analysis. By utilizing a rigorous energy validation process, the company enables organizations to quantify their sustainability efforts and ensure compliance with regulatory standards.

novaenergy.ai50+
Founded 2024Lisbon, Portugal

Funding

No funding information available. Click "Fetch funding" to run a targeted funding scan.

Team (<5)

Marc Johnson

Founder

Nima Ahmed

Founder

Company Description

Problem

Data centers, Web3 networks, and AI models consume significant energy, contributing to a growing environmental footprint and raising concerns about the sustainability of digital operations. Existing methods for measuring environmental impact often lack standardization, transparency, and completeness, hindering accurate assessment and informed decision-making.

Solution

Nova provides a platform for monitoring and mitigating the environmental impact of compute environments, offering detailed emissions tracking and energy consumption analysis. Through a rigorous Energy Validation Process (EVP), Nova enables organizations to quantify their sustainability efforts using Green Scores, which are minted as dynamic NFTs on the Base network. The platform assesses location information, hardware configuration, water consumption, electricity consumption, energy production data, and renewable energy procurement to provide a comprehensive view of a digital operation's environmental footprint. By offering transparent and verifiable sustainability metrics, Nova empowers businesses to make data-driven decisions, ensure compliance with regulatory standards, and transition towards a greener digital future.

Features

Energy Validation Process (EVP) that assesses location, hardware, water usage, electricity consumption, and renewable energy procurement.

Green Scores methodology that provides a standardized measure of environmental performance, minted as dynamic NFTs on the Base network.

Comprehensive reporting and auditing platform for informed decision-making and actionable insights.

Trusted verification process utilizing diverse records from utility bills to calibration logs.

Reliable attestation services ensuring compliance and accuracy through meticulous review.

Renewable Energy Credit (REC) matching to optimize clean energy usage.

Target Audience

Nova's primary customers are Web3 node operators, AI model developers, and data center operators seeking to understand, improve, and report on their environmental performance.

Nova Energy | StartupSeeker