Solar roofs installed on temples and industrial parks have seen a 30% reduction in energy costs compared to a traditional wired solution
CAMARILLO, Calif .– (BUSINESS WIRE) –#Chip–Semtech Company (Nasdaq: TCMS), a leading provider of high-performance analog and mixed-signal semiconductors and advanced algorithms, announced its collaboration with Cloud Energy, one of the leading providers of Internet of Things (IoT) solutions in Vietnam, for the development and deployment of a network operating on the LoRaWAN® standard for a wireless solar energy system installed on the roofs of facilities. A wired power solution was not suitable for a rooftop solar power system due to the higher material and installation costs as well as a higher level of ongoing maintenance required, especially in areas rural Vietnam where rodent damage to wiring is a particular problem. Cloud Energy’s wireless solar power system, featuring Semtech’s LoRa® devices and LoRaWAN connectivity, provides complete, accurate and independent management of inverter, electricity meter and sensor data to keep homeowners informed of sites. According to Cloud Energy, solar power system solutions have saved their customers more than 30% on the initial investment for a monitoring system.
“We believe that the future of surveillance solutions will largely adapt to LoRaWAN wireless technology, which is highly scalable, simple to deploy and provides a reliable wireless connection. Solar power monitoring solutions that use LoRaWAN technology may be a new future trend that not only solves the problem of reliable wireless connectivity, but also provides additional benefits of standardization, scalability, l ‘IoT data analysis and interoperability,’ said Tuan Anh Pham, Cloud Energy. founder.
The Cloud Energy Wireless Solar Power System is a plug-and-play solution consisting of multiple wireless Cloud Energy modules, a Kerlink gateway using LoRaWAN and a Cloud Energy web application to monitor real-time data to independently review and forecast performance on meters, inverters and sensors. Through the integration of LoRaWAN, the Cloud Energy solar power system is a true wireless solution providing stable data transmission to end users to manage power consumption over large areas.
“Cloud Energy’s successful implementation of the LoRaWAN standard for its wireless solar power systems demonstrates the versatility of Internet of Things technology to suit almost any setting and budget. LoRaWAN’s robust connectivity creates smarter buildings for more informed business decisions, ”said Marc Pégulu, vice president of marketing and IoT product strategy for Semtech’s wireless and sensing product group.
For more information on Cloud Energy’s smart solar solution with LoRaWAN, please visit here.
About Semtech’s LoRa® platform
Semtech’s LoRa device-to-cloud platform is a globally adopted, long-range, low-power solution for IoT applications, enabling rapid development and deployment of IoT networks, gateways, sensors, very low power, cost effective and long range modules and products. IoT services around the world. Semtech’s LoRa devices provide the communication layer for the LoRaWAN® standard, which is maintained by the LoRa Alliance®, an open IoT alliance for Low Power Wide Area Network (LPWAN) applications that has been used to deploy IoT networks in more than 100 countries. Semtech is a founding member of the LoRa Alliance. To learn more about how LoRa enables IoT, visit the Semtech website LoRa site.
About cloud energy
Cloud Energy Company is a startup in Vietnam, created in 2019, specializing in IoT (Internet of Things) energy management for smart cities. The company has successfully developed solutions for intelligent energy building management, intelligent utility management and intelligent solar monitoring systems. Our mission is to contribute to the future development of smart and sustainable cities. For more information visit www.cloudenergy.sg.
Semtech Corporation is a leading supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms for infrastructure, high-end consumer and industrial equipment. The products are designed to benefit the engineering community as well as the global community. The Company is committed to reducing the impact it and its products have on the environment. Internal green programs seek to reduce waste through material and manufacturing control, the use of green technologies, and design for resource reduction. Listed on the stock exchange since 1967, Semtech is listed on the NASDAQ Global Select Market under the symbol SMTC. For more information visit www.semtech.com.
Forward-looking statements and cautions
All statements contained herein that are not statements of historical fact, including statements that use the words “believe”, “designed to” or other similar words or expressions, which describe plans, objectives or Future goals of Semtech Corporation or its management are “forward-looking statements” and are carried out in accordance with the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause Semtech Corporation’s actual results to differ materially from historical results and / or any future results expressed or implied by these forward-looking statements. . These factors are also discussed in Semtech Corporation’s annual and quarterly reports, and other documents or reports, filed with the Securities and Exchange Commission (www.sec.gov) including, without limitation, information under the headings “Management’s Review and Analysis of Financial Condition and Results of Operations” and “Risk Factors”. Semtech Corporation assumes no obligation to update any forward-looking statements to reflect events or circumstances that may arise after the date of this press release, except as required by law.
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