- Innovatively Addressing the Climate
Crisis with Integrated Energy Solutions
SEOUL, South Korea,
Oct. 3, 2024 /PRNewswire/ --
Enlighten, a leading South Korean energy climate tech company, has
announced that its solar power asset management platform, SOLAR
CHAMP, has exceeded 6.2GW of registered capacity. This accounts for
26.3% of South Korea's solar
market, with 25,900 solar plants registered on the platform, making
it the largest single-service platform in the country.
SOLAR CHAMP offers an innovative solution for efficiently
managing and trading distributed renewable energy resources. Solar
plant owners can access real-time data on power generation and
revenue, optimizing their plant's operational efficiency. In
South Korea, where small-scale
solar power plants are prevalent, it simplifies energy transactions
and contributes to cost savings, solidifying its role through
successful collaborations with numerous RE100 companies, including
Naver, Lotte, and global investment banks.
Enlighten also provides two flagship subscription services—RE100
and Residential Subscriptions. These models lower financial
barriers for renewable energy adoption, making it easier for
businesses and individuals to access clean energy. These services
offer benefits like reduced electricity costs and practical support
for RE100 goals.
Additionally, Enlighten has developed a deep-learning-based
power forecasting model that uses weather data and plant operation
metrics to monitor solar plant performance in real-time. This
technology helps detect anomalies early, contributing to better
maintenance and operational efficiency. By improving forecast
accuracy, Enlighten helps balance power supply and demand, aiding
in the stabilization of energy markets.
Enlighten's CEO, Youngho Lee,
stated, "Our goal is to enhance our Energy as a Service (EaaS)
model around SOLAR CHAMP. We aim to revolutionize the energy market
by offering integrated services combining electricity, gas, and
telecommunications in a subscription model, allowing customers to
access energy solutions conveniently without upfront
investment."
About Enlighten
Enlighten is Korea's leading energy and climate technology
company, leading the energy industry with integrated energy
management solutions and deep learning-based power forecasting
technology. By leveraging advanced AI and data capabilities,
Enlighten optimizes the production and management of solar energy
and enhances market efficiency through its 'SOLAR CHAMP' platform,
which streamlines energy transactions and efficiently manages
distributed renewable energy resources.
Enlighten has been selected as a RE100 renewable energy supplier
for Gyeonggi Province and has signed a third-party PPA with Naver,
while also providing integrated RE100 solutions to Lotte Global
Logistics and other major companies and institutions. For more
information, visit www.enlighten.kr.
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