45128 Essen, de
+49 (201) 12-15262
innogy and Kiwigrid develop IoT platform for the energy market of the future
innogy lead investor at Kiwigrid in addition to AQTON and LG Electronics / Customer solutions for the management of decentralised energy plants
The energy platform developed by Kiwigrid brings the transformation of the energy industry directly to the customer: PV systems, heat pumps, storage units and even charging stations for electric vehicles can be monitored and controlled with this powerful software. Peter Terium, CEO of innogy SE: "Kiwigrid’s intelligent solution is the perfect fit for our customers’ needs. It enables them to control their energy consumption efficiently and save money by selling self-generated electricity from their rooftop PV systems or by using it to charge their electric vehicles in their own garage." For Carsten Bether, founder and CEO of Kiwigrid, having innogy as a shareholder is a win-win situation: "innogy and our other partners are leading international companies in their respective segments. Over 123 million customers rely on their products and solutions. With these strategic partners, Kiwigrid will be able to establish itself as an industrial company and to contribute to shaping the global transformation of the energy system."
innogy acquired the Kiwigrid shares from Innogy Venture Capital GmbH. The investment round was led by AQTON SE and comprised an amount in the two-digit million range. innogy SE is now one of the main investors in Kiwigrid, along with AQTON and LG Electronics. A core element of the collaboration is the smart grid operating system "KiwiOS". This will provide the future energy grid with maximum security and intelligence. Kiwigrid is presenting the first controllable devices to use "KiwiOS" at the upcoming E-world in Essen. In addition to the development of the new platform, over the next few years Kiwigrid will be focusing on the internationalisation of the platform.
We currently supply around 16 million electricity customers and seven million gas customers in eleven European markets with energy, reliably and at fair prices. innogy and its online subsidiary eprimo regularly take the top rankings in customer surveys by independent market research companies. Based on volumes sold and customer numbers, we are currently among the largest electricity and gas retailers in Germany, the Netherlands and in the United Kingdom. We also currently hold leading positions in electricity and/or gas supply in many markets in Central Eastern and South Eastern Europe. The transition in the energy markets also means a change in customer behaviour: more and more households are not only consuming electricity, but are also generating and storing it for themselves. At the same time, they want products that are tailored to their individual needs. That’s why we want to focus more on further developing decentralised and intelligent energy solutions such as our innovative SmartHome product family.
Further information: www.innogy.com
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