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Energy efficient R&D in Scotland

Editorial Type: News     Date: 05-2016    Views: 1484      




A research and development project worth £900,000 has been launched in Scotland to develop breakthrough technology in the energy efficiency market

NetThings, an Edinburgh based IoT company has partnered with CSEM, a Swiss private, non-profit research company to develop an analytical platform to save energy and increase equipment reliability in commercial buildings.

The two-year project aims to save significant sums of money for governments, councils, schools and commercial properties. It achieves this through connected hardware and software that will both monitor and control energy usage, and flag when specific plant and machinery requires servicing, optimising efficiency of operation and reducing down time.

George McGhee, NetThings CEO, said: "Technology is advancing globally to support sustainable and smarter cities, and our project will address some of the barriers that prevent viable solutions being retrofitted into established commercial properties." NetThings and CSEM have been awarded 50% funding towards the project from Eurostars, a joint programme between EUREKA and the European Commission.
www.netthings.co.uk

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