Nonvoice, the world’s first 5G app agency, announces the signing today of its newest client, PowerMarket who has developed a turn-key solar asset management platform that allows 5G network operators to fully control the process of solar power management that will save them up to 90% of their time and resources.
The PowerMarket solar asset management platform can help telecommunications and 5G infrastructure companies save an estimated $200 Billion on their electricity consumption by 2025. Currently 5G towers consume two to three times more electricity than other network towers, however, companies can save up to 40% of their electricity consumption by installing solar panels. Previously, the process of planning, execution and maintenance of solar panels on network towers was complex, expensive and time consuming and often spread across fragmented software solutions. PowerMarket’s platform reduces these issues by providing:
- Development of a data driven solar strategy using satellite data and deep learning.
- End to end management of solar projects on a centralised platform.
- A smart, centralised and digital maintenance of all your solar projects from one location.
“Electricity is the second biggest cost for 5G companies, and our team has been working on providing a solution to this problem. Solar panels on network towers have been more hassle than it was worth for operators due them being time consuming, complex and expensive but PowerMarket solar asset management platform overcomes these negatives,” explains PowerMarket CEO and Founder, Abhinav Jain.
“We are excited to have attracted another exciting enterprise solution to our agency. These apps and platforms are imperative to the success of the 5G ecosystem including the many consumer apps that we also represent. We look forward to introducing the PowerMarket’s solar asset management platform to our network of telecommunications providers around the world,” added Simon Buckingham, founder and CEO of Nonvoice Agency.