The Company is adding its first 20 new AssetCare customer buildings to benefit from this capability in partnership with local utilities in British Columbia, California, and New York.
Through AssetCare, mCloud offers a subscription-based solution enabling customers to automatically respond to utility requests to reduce energy consumption at peak times to decrease the concurrent load on a local utility grid during periods of high demand. Any utility supporting the industry-standard OpenADR protocol for grid interactivity is directly supported by AssetCare. Likewise, AssetCare customers can track their energy savings and reductions in their carbon footprint anywhere, anytime
(Source: mCloud Technologies Corp., PR, 8 June, 2021) Contact: mCloud, Dr. Patrick O'Neill, Pres.,Connected Buildings, 403.569.6480, www.mcloudcorp.com/HVAC-and-indoor-air-quality, www.mcloudcorp.com
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BuildingIQ, which uses IoT and AI to create energy savings and maximize building efficiency, currently connects more than 1,350 commercial buildings worldwide with over 140 million square-feet under management.
Subject to certain conditions and regulatory approvals the proposed transaction is expected to close on June 19, 2020 .
mCloud offers complete asset management solutions to three distinct segments: smart facilities, power generation, and process industries including oil and gas. (Source: mCloud Technologies Corp., PR, CNW Feb., 2020) Contact: mCloud, Russ McMeekin, CEO, www.mcloudcorp.com; BuildingIQ, www.buildingiq.com
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Universal mCloud will upgrade and replace 450 legacy thermostats at the building with Cypress Wireless Pneumatic Thermostats and Green Box Controllers connected via mesh network to the building's main control system. The upgrade is expected to cut energy costs related to heating and cooling by 25 pct and also reduce facility maintenance costs.
Universal mCloud uses artificial intelligence and analytics to curb energy waste, maximize energy production and improve energy infrastructure primarily in the
smart buildings, wind energy, power utilities and oil and gas. (Source: UniversalmCloud, Proactive Investors, 11 April, 2019) Contact: Universal mCloud, David Weinerth, Pres.,Smart Buildings, (604) 669-9973, www.mcloudcorp.com
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Britwind is a full-service company in the small and medium-size wind segment with proven excellence in wind energy production, operations, and maintenance. In collaboration with Britwind partner Norwin Energy, Britwind has designed an upgrade to a fleet of over 1,000 Endurance E-series turbines, for which Ecotricity acquired IP rights in 2017 and addresses structural risks present in the installed fleet.
Under their agreement, mCloud and Britwind will offer Britwind customers a subscription-based end-to-end turbine upgrade solution that includes mCloud's AI and analytics to enhance the operation of their wind turbines.
(Source: Universal-mCloud Corp, PR, 26 Mar., 2019) Contact: Universal-mCloud, www.mcloudcorp.com; Britwind, +44 (0) 1453 790 210, www.britwind.co.uk; Ecotricity, Dale Vance, Founder, +44 (0) 145 375 6111, www.ecotricity.co.uk
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Universal mCloud's AssetCare solution offers an innovative zero-upfront subscription model that creates operational savings for the customer by analyzing numerous data sources such as space temperatures, outdoor weather, expected occupancy, and HVAC unit efficiency to pinpoint where a building's energy is being wasted. The data is integrated into a real-time intelligence model that enables AssetCare to make decisions on how to best respond moment-to-moment to changing comfort conditions in a building while simultaneously curbing unnecessary energy use.
These new AI-powered features are expected to go live to all current and new AssetCare for Smart Buildings customers later this year.
(Source: Universal-mCloud Corp., PR, 12 Mar., 2019) Contact: Universal mCloud Corp, Russ McMeekin, CEO, (415) 635-3500, www.mcloudcorp.com
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