SMA Solar Technology AG has founded a new subsidiary for digital energy solutions. coneva GmbH offers companies such as public utilities, housing associations and telecommunication companies White Label solutions for energy management and the integration of end customers into the energy market. Another business field includes a range of energy monitoring, control and management solutions for commercial enterprises and public institutions, helping them considerably save on energy costs.
"Digitalization of the energy supply offers many attractive business opportunities," said SMA CEO Pierre-Pascal Urbon. "Against this background, the evolution of SMA over the coming years into an energy service provider is one of our key strategic goals. The founding of coneva GmbH is an important milestone along this road. This will allow us to tap into new markets and customer groups with an energy service platform, an ecosystem comprising the IoT platform for energy management ennexOS, a range of innovative services and partners from the energy industry. This all is possible thanks to the many years of experience and the unparalleled expertise of SMA in all areas of cross-sector energy management."
"Digitalization of the energy supply offers completely new opportunities and possibilities for areas such as public utilities, the housing sector, supermarkets, hotel chains and OEMs," said coneva general manager Jochen Schneider. "We are really excited to have the opportunity to help our customers leverage this potential with our experienced team of specialists. Our White Label solution approach combines the appropriate hardware and software with a range of relevant services to create comprehensive solution packages. Numerous startups are entering the energy services market in particular and many of them have little experience either on the market or with this technology. For us, it is thus a huge advantage that we can build on SMA's many years of expertise, sophisticated technology and data, while also being able to act as a dynamic, standalone unit completely independent of the parent company. On top of that, SMA's financial strength gives our customers that all-important security."