CheckWatt has closed its financial year 2019. It became
the best financial result so far. The revenues grew to 12,5 MSek (2,5 MSek
CheckWatt AB offers products and IT services within the fields of renewable energy and energy efficiency for both private and corporate customers. It is a subsidiary of CNet. Read more at www.checkwatt.eu.
The COMPOSITION Agent Marketplace Framework has been analysed by the EU Innovation Radar, a European Commission initiative to identify high potential innovations and innovators in EU-funded research and innovation projects.
The Market Maturity of the Innovation has been
rated as “Tech Ready”. The Market Creation Potential of the innovation is rated
Three of the consortium’s partners have been
identified as contributing key innovators within the consortium:
EnergyInBalance has published this week a Newsletter with new releases and the latest news in the Energy sector. Based on an algorithm that takes into account the history of over 4000 solar installations that are represented by CNet’s spin-off company Checkwatt, a unique “fingerprint” for each plant is created. Based on this fingerprint derivations in the performance of each installation can be detected fast and without knowing local conditions such as slope, direction and local shading it can detect abnormal electricity production that is likely due to a fault in the plant.
The service offers owners the detection of real-time operational disruptions and notifications about even small deviations, minimising the effort for maintenance and shortening the time of production losses. The service will be launched in autumn and requires no additional equipment.