Electricity theft is a problem in many newly developed minigrids, and reacting as quickly and precisely as possible is key to building healthy community engagement. EarthSpark wanted to leverage our Loss detection solutions to pinpoint as precisely as possible where and when non-technical losses were happening.
We collaborated with EarthSpark to help them decide where to install totalizers on their grids for greatest impact. In parallel, we released an improved version of our Loss Analytics Report that would use the structure of the network to provide insights on non-technical losses at various levels of granularity. By using these reports, the EarthSpark team is able to quickly identify areas of their grids that have performing poorly on losses and focus their actions on these specific areas.
Led by Accurant International, the funding will enable SparkMeter to introduce a comprehensive grid analytics platform, based on intelligent metering, to the market.
This month, our team was awarded the recognition of the #1 Most Innovative Company in Energy by Fast Company. This success was built on years of foundational growth within the company, and in the markets that we operate in. Innovation can be shown not only in the technology we develop, but also in its application by our customers to solve under-served global challenges.