Amsterdam-based VEMS has secured €655K in funding to develop a circular energy management ecosystem in partnership with Biosphere Solar, JansZon BV, and the City of Amsterdam. This funding from the MIT R&D subsidy scheme will facilitate the installation of recyclable photovoltaic panels and optimize their performance through smart technology. VEMS's energy management platform utilizes AI and machine learning to create real-time digital twins of energy assets, aiming to simplify energy management, reduce costs, and enhance sustainability while addressing grid congestion challenges in businesses.
VEMS uses AI to create and continuously refine real-time digital twins of energy assets, providing precise monitoring and performance optimization.
The initiative aims to merge digitisation with circular energy hardware, creating sustainable energy systems that optimize efficiency.
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