TeraHive, an intelligent energy management solution provider, backed by global leader LITEON Technology, has officially announced the launch of three smart energy solutions i.e. TeraHive Energy Suite, Charging Station Management Solution, and Enterprise Energy Management. Although slightly different in what they bring to the table, each of these solutions is designed to optimize energy storage, usage, efficiency, and performance. More on the same would reveal how the new solutions are all powered by an AI-powered software platform which packs together machine learning, forecasting, optimization and real-time control algorithms to optimize energy consumption and infrastructure management. Furthermore, this software platform seamlessly integrates hardware and software so to achieve high performance, reliability and over-the-air updates for continuous improvement.
Having referred to the initial bits and bobs, we now must talk about the whole value proposition on a slightly deeper level, beginning from TeraHive Energy Suite. TeraHive Energy Suite is a highly integrated residential energy management and battery system that stores and optimizes energy for use anytime, making whole-home backup protection possible. Supported with AI Prediction and Smart Mode, the suite can automatically analyze and learn users’ energy habits and preferences to determine the most efficient and cost-effective use for home energy storage systems. On top of that, it can also provide smart savings and reliable backup power for homes, with the same understood to be accessible and manageable through TeraHive’s mobile app. Another detail worth a mention is rooted in the fact that TeraHive Energy Suite is modular and scalable enough to allow for quick installation and commissioning times.
Next up, we have the TeraHive Charging Station Management Solution, which happens to be a scalable, open, API-based software solution that enables charging point operators, fleet owners, and energy companies to quickly launch and scale their EV charging business. In essence, the solution supports all open charge point protocols including OCPP1.6 and OCPP 2.0.1 compliant chargers. It is also equipped with a Dynamic Load Management (DLM) feature that keeps available power evenly distributed across all EVs being charged, minimizing the impact on the electricity infrastructure for larger installations. Beyond that, this charging station management solution allows companies to monitor and manage their charging network remotely, while simultaneously providing a top-notch experience for EV drivers.
“Energy and how it is being used is evolving rapidly. TeraHive is part of the energy transition empowering individuals and businesses to transition to intelligent, sustainable resources and eliminate energy pain points,” said Kevin Lin, Co-Founder of TeraHive. “We are helping to answer the call to decarbonize the energy infrastructure and increase the use of renewable energy sources that reduces reliance on the power grid and puts the user in control of their energy use.”
Rounding up highlights would be TeraHive Enterprise Energy Management solution. This particular solution comes bearing an ability to offer exceptional interoperability, advanced data collection, robust analytics, and scalability. Alongside that, it ensures secure, reliable energy management with intelligent forecasting, demand response, and anomaly detection. Such a setup makes the solution suitable for commercial applications like data centers, retail and logistics hubs.
Founded in 2020, TeraHive’s rise up the ranks stems from pioneering intelligent energy management to power a sustainable energy future. You see, the company’s solutions are well-equipped to fulfill a range of objectives like making homes more energy independent, charging vehicles more intelligently, as well as maximizing energy efficiency for industrial organizations at scale. The significance of what TeraHive is doing can be understood once you consider, according to US Department of Energy, an average household has the potential to generate upto 30% in power bill savings with a smart energy system. Apart from that, a report from Zillow also claims that home with solar panels and battery storage will see their property resell values increase by 4.1%.
“Our goal is to simplify intelligent energy management using AI technology and user-friendly apps that put the control of storing and saving energy back into the user’s hands. TeraHive’s product offerings are human-centric and rooted in technology, creating solutions that meet the energy needs of today and into the future,” said Lin
