SolarEdge, an Israel-based energy electronics specialist, has agreed to completely purchase UK-based Hark Methods, which gives a software-as-a-service (SaaS) Web of Issues platform to handle and evaluation of business vitality properties.
SolarEdge mentioned the acquisition will present business and industrial (C&I) prospects with higher connectivity and vitality administration capabilities. It helps firms determine potential vitality financial savings, determine vitality consumption anomalies in key property, and optimize vitality use and carbon emissions by means of load orchestration. and storage management, in keeping with a SolarEdge assertion.
“Hark’s SaaS platform permits us to develop our intensive business and industrial administration portfolio and supply extra providers to our C&I prospects,” mentioned Zvi Lando, CEO of SolarEdge. “Mixed with our good vitality options, Hark’s superior technological capabilities can present companies with better transparency and management over their vitality use and carbon emissions.”
Hark Methods claims that this buyer base at present contains a number of the largest grocery store chains in the UK. The acquisition is topic to customary closing situations and regulatory approvals and is predicted to shut within the second quarter of 2023.
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