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Arensis and Schneider Electric Launch Smart Microgrid Partnership and Development of ENTRADE IO Blockchain Technology

Arensis CEO Forms New Entity to Bring Renewable Energy Access to Rural
Areas Around the World

LOS ANGELES–(BUSINESS WIRE)–#ARArensis,
a leading international provider of decentralized energy systems, and Schneider
Electric
, a leader in microgrid development with integrated
efficiency solutions combining energy, automation and software, today
announced the joint development of its smart microgrid pilot program. As
part of the pilot, Arensis and Schneider Electric will develop a
blockchain Application Programming Interface (API) platform for ENTRADE
IO
, a newly-formed company founded by the CEO of Arensis for off
grid project financing and the sale of renewable energy in remote areas
around the world.


Joint development of the smart microgrid systems, combining
waste-to-energy, solar and storage, will launch in North America with
plans for growth on a global scale. The pilot will explore integrated
renewable energy solutions using resources to develop, monitor and
operate the systems through augmented reality (AR). The newly-formed
ENTRADE IO financing platform is already underway outside of the U.S.
helping to raise funds for projects in areas of greatest need, primarily
Asia and Africa.

“Our collaboration with Schneider Electric on the development of
microgrids with turnkey solutions and project financing structures will
bring our long-time vision to life,” stated Julien Uhlig, CEO of Arensis
and founder of the new ENTRADE IO entity. “I believe that blockchain is
the missing piece to help us bring our decentralized utility to all
parts of the world. Smart contract ledgers, free flow of capital,
dedicated token offerings for funding and direct donations will
revolutionize the way small-scale, high social impact energy projects
will be funded in the future. We are incredibly proud to partner with
Schneider Electric, one of the largest automation companies in the
world, to make the ENTRADE IO platform a reality.”

Live monitoring and the generation and distribution of energy to end
users via Arensis IoT applications, in cooperation with Schneider
Electric, creates a fast and highly-efficient energy infrastructure. Schneider
Electric’s EcoStruxure™ Augmented Operator Advisor
facilitates
maintenance operations with the help of step-by-step procedures and
remote experts leveraging augmented reality. Access to dashboard
insights, real-time information, analytics on machine health,
performance, efficiency and remote expertise enables tracking,
monitoring and maintenance assistance, all from a mobile device.

“Traditionally, 50 percent of time spent on maintenance involves finding
information, with the remaining 50 percent devoted to actual
intervention on the equipment for smart grid technologies,” stated Mark
Feasel, Schneider Electric VP Smart Grid North America Operations. “The
system we are working on with Arensis allows users to find information
faster, reduce operator error and avoid machine downtime, with features
such as giving users the ability to virtually open electrical cabinet
doors and increase their overall efficiency.”

Until now, the direct sale of power on a micro-level has been limited by
high transaction costs and the cost of operating a small-scale utility
for individual customers has not been feasible. Blockchain technology,
integrated with smart metering, efficient demand-based power management,
automation and AR-based forecasting, is now streamlined with fully
automated smart contracts and ledger processing.

Arensis licensing and expertise in decentralized energy systems
utilizing localized biomass fuel sources, combined with the smart
microgrid expertise of Schneider Electric, is a global solution for
those currently without access to energy in regions most impacted by
climate change and the key to resilience, optimized energy costs and
sustainability – see
video
.

About Schneider Electric

Schneider
Electric
is leading the Digital Transformation of Energy Management
and Automation in Homes, Buildings, Data Centers, Infrastructure and
Industries. With global presence in over 100 countries, Schneider is the
undisputable leader in Power Management – Medium Voltage, Low Voltage
and Secure Power, and in Automation Systems. We provide integrated
efficiency solutions, combining energy, automation and software. In our
global Ecosystem, we collaborate with the largest Partner, Integrator
and Developer Community on our Open Platform to deliver real-time
control and operational efficiency. We believe that great people and
partners make Schneider a great company and that our commitment to
Innovation, Diversity and Sustainability ensures that Life Is On
everywhere, for everyone and at every moment.

About Arensis

Arensis
is an international provider of distributed energy systems delivering
waste-to-energy solutions based on the world’s most advanced biomass
gasification technology on the market from its subsidiary German
technology company, Entrade Energiesysteme AG. The E4 and recently
launched E5 systems generate 50kW of electricity and 120kW of thermal
energy each and fit inside a 20-foot shipping container for easy and
fast deployment around the world. When stacked together, Arensis/Entrade
Combined Heat and Power (CHP) Systems can supply several megawatts of
energy completely off grid and can be installed in just weeks. The
biomass to energy units are built for primary baseload generation,
producing 24/7 energy from both organic and inorganic waste materials.
Arensis is a portfolio company of the Los
Angeles Cleantech Incubator (LACI)
and one of the fastest growing
decentralized energy providers in the world, deploying more than 200
units in 11 countries and raising in excess of $60 million since 2016.
ENTRADE IO is a license holder of Arensis Inc.

Contacts

Arensis
Laurie Peters
VP Strategic Communications
[email protected]
818.635.4101
or
Schneider
Electric
Dave Smith
Director of Media Relations
[email protected]
978.502.9607