Cyan broadens South African horizons with Adenco
Cyan (AIM:CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, announces that it has been selected by Adenco Construction (Pty) Ltd (“Adenco”) as a preferred supplier of smart metering and lighting solutions as well as emerging, related Internet of Things applications in South Africa.
Cyan and Adenco will collaborate to deliver smart energy solutions that enable the measurement and control of energy consumption, helping to increase energy security and reduce supply costs in South Africa. Adenco is an electrical construction company registered with all relevant authorities including Eskom Western Cape, CIBD and Provincial Administration to supply, install and commission electrical and lighting contracts.
John Cronin, Executive Chairman of Cyan, commented: “We are pleased to be working with Adenco in South Africa. The US Trade & Development Agency has forecast that South African utility executives will spend $11 billion on grid modernization over the next decade*. Cyan is focussed on delivering smart metering and lighting technology to next generation economies, providing energy companies with the technology to support demand management, as well as enabling consumers to manage their energy consumption effectively.”
Bes Bezuidenhout, Chief Executive of Adenco, commented: “In South Africa demand to deploy energy efficient infrastructure is growing. Cyan’s technology supports the management of energy consumption as well as demand side management to control peak load.”
As part of its collaboration with partners in South Africa, Cyan is participating over the next three days in Africa Utility Week in Cape Town, South Africa**. Cyan’s Vice President, Mark Coyle will present, ‘Why Africa should get ‘smart’ with its metering’ on day one of the conference programme. The presentation will describe how Cyan’s integrated smart metering platform delivers practical benefits specifically aligned with the requirements of Africa’s energy market: Enabling security of supply, affordability and sustainability through reduced losses, peak load management and enhanced revenue assurance. Mark will go on to explain how Cyan’s technology can enable the management of energy consumption and demand side participation by customers, establishing a platform to deliver ongoing benefits across all stakeholders.