Gamesa Showing More Interest In EV, Energy-Efficiency Markets

Posted by NAW Staff on January 18, 2012 No Comments
Categories : FYI

Gamesa has announced that, via its investment fund, Gamesa Venture Capital (GVC), it has acquired a 20% stake in N2S, a Spanish tech start-up that specializes in intelligent energy services management.

According to Gamesa, this acquisition allows the company to expand its presence in energy efficiency and electric vehicles (EVs).

The transaction is part of the company's strategy for technological diversification into new renewable energy industries, Gamesa explains. Through this strategy, the company aims to take an active role in high-growth alternative energy sources, secure innovation, and complement and capitalize on synergies with Gamesa's manufacturing activities.

GVC plans to invest up to 50 million euros through 2016 to buy stakes – initially minority shareholdings – in start-ups and growth ventures engaged in the development of technologies with promising potential for future growth. In addition, as part of the new transaction, Gamesa will offer its technological, manufacturing and financial skills and experience, as well as its local supply chain, to N2S.

Gamesa has designed several models of EV charging stations, which it will begin manufacturing in 2012 at its electrical components factory in Valencia, Spain. The company already has a contract with Iberdrola to supply and market charging stations.

Meanwhile, N2S has developed a platform for the real-time intelligent management of the EV charging infrastructure, under the trade name POWER2DRIVE. The charger can be controlled from any computer, tablet or mobile telephone, and the system is suitable for equipment produced by any manufacturer of the charging stations now on the market, Gamesa says.

Energy efficiency and the optimization of the cost of energy are also priority areas for Gamesa and its venture capital fund, and the company is already at work conducting audits and identifying cost-of-energy savings, both at its own facilities and at those of its external clients.

N2S will complement these capabilities with its Web-based, real-time service for managing energy usage, called POWER2ENERGY, which may be accessed from any computer, tablet or mobile phone. The system collects data and monitors the energy yield of a range of usage groups, enabling customers to act on the data, Gamesa says. Moreover, it generates comparisons with data from other buildings or facilities to facilitate decision-making on policies for managing energy efficiency.

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