- Artificial Intelligence (“AI”) has become an increasingly prominent tool in the battle against climate change
- AI can now be used across a myriad of use cases, ranging from tracking small-scale deforestation through to measuring the melting rate of the polar icecaps
- Turbo Energy has looked to harness AI technologies within its core product portfolio, including its SunBox and GoSolar home energy systems
- AI has emerged as a key tool within solar energy management systems, driving efficiency and lowering costs across the solar energy production supply chain
Home to over 5 million square kilometers of tropical rainforest and storing over 200 petagrams (1 petagram = 1 billion tons) of carbon, the Amazon Basin ranks amongst the world’s most important ecosystems with direct implications for both, regional and global climate. Nevertheless, and until recently, authorities were unable to track the rise of small-scale deforestation taking place across significant swathes of the Amazon rainforest. Forest loss within the Amazonia has been monitored by the Brazilian Institute for Space Research (“INPE”) since 1988; however, INPE studies are woefully limited in scope. The research agency’s focus has historically been confined to the Brazilian Amazon, with its technology solely able to track disturbances greater than 6.25 hectares in area (equivalent to approximately 8 football fields) (https://ibn.fm/1QinW). Now, and capitalizing on the technological advances offered by artificial intelligence, companies such as Scotland-based Space Intelligence are able to remotely map millions of hectares of land from space using satellite data, with the company’s innovative technology able to track metrics such as ongoing deforestation rates or calculate the carbon storage content within a forest (https://ibn.fm/nqdSZ).
Whether it is tracking ongoing deforestation rates around the world, predicting weather patterns to help communities better adapt to climate change, or measuring the meltwater released by icebergs on a real-time basis, the use of AI is gaining ever increasing prominence in the battle against climate change.
Solar energy management has emerged as yet another area where AI is gaining increased prominence, given the technology’s ability to provide efficient solutions to many of the issues faced by solar energy producers and their offtake partners. Ranging from predictive maintenance, where AI-driven analytics can identify and diagnose potential system malfunctions or failures ahead of time; through to load forecasting, where AI-based algorithms can help provide predictions on future energy loads thereby allowing for the rapid adjustment of production; and achieving supply optimization, where AI systems can optimize supply chains by analyzing current and forecasted conditions, AI is revolutionizing the field of solar energy management.
Turbo Energy (NASDAQ: TURB), a designer, developer and manufacturer of photovoltaic energy generation, management, and storage equipment has emerged as a pioneer in harnessing AI within its solar energy solutions.
The company’s ‘SunBox Home’ system encompasses an all-in-one AI-powered energy storage solution, designed to assist households in managing their power consumption. Directly linked to a household’s solar panel generation unit, the SunBox system allows users to choose between settings including ‘maximum consumption’ or ‘maximum savings’, conserve a portion of its energy reserves in the event of unexpected electricity blackouts or rather, sell excess power back onto the grid. The groundbreaking energy storage system additionally boasts the capacity to track weather forecasts, thus ensuring its batteries are fully charged in the event of a storm (https://ibn.fm/4Q9jh).
Similarly, the company has recurrently begun marketing its revolutionary ‘GoSolar’ household solar energy system in partnership with Solar360, the energy division of Movistar – Latin America’s largest telecommunication company and one of the world’s 500 most valuable companies (https://ibn.fm/Oi0ie). Comprised of a small microinverter and lightweight, flexible PV panels which can be plugged into a conventional household outlet, Turbo Energy’s GoSolar system allows households the ability to capture solar energy power within their homes without the need to apply for special permits or recruit professional installation support.
“Turbo Energy’s Artificial Intelligence and optimization system is the best on the market,” stated Turbo Energy’s CEO, Mariano Soria in a recent interview. “Two years ago, we began working on the development of software linked to Artificial Intelligence. The goal was for storage to be smart, that could not only serve the purpose, but save money directly from the end user’s pocket. [In addition to having] the capacity to offer the end customer the best solution in economic savings [our] software is the basis for the continued development of the company [as well as giving us] the ability to incorporate other elements in the future]. We envision the ability to make use of it, not only for individuals but for communities such as energy communities or virtual power plants.”
For more information, visit the company’s website at www.Turbo-e.com.
NOTE TO INVESTORS: The latest news and updates relating to TURB are available in the company’s newsroom at https://ibn.fm/TURB
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