mPrest Selected for EDF Renewables DERMS

mPrest and EDF Renewables have reached an important agreement to work together towards optimizing distributed solar and storage asset profits. EDF Renewables has chosen mPrest’s DERMS, a sophisticated Virtual Power Plant (VPP) platform, to manage and optimize its trading profits between the energy market, distributed generation, and storage, and energy sales to customers. This is part of EDF Renewable’s commitment to becoming a leader in the competitive renewable energy market.

As a result of this agreement, mPrest is set to work with EDF Renewables Israel, an international energy company which develops, builds, and operates renewable power generation plants, towards ensuring that its solar and storage assets operate to the best of their abilities.

According to Natan Barak, the CEO of mPrest, the partnership with EDF Renewables represents a significant step forward in energy innovation. The goal is to seamlessly integrate, manage, and optimize diverse energy resources to not only produce power but also to create a more resilient and sustainable energy ecosystem.

In the journey towards a cleaner and more efficient energy future, EDF Renewables Israel CEO, Ayalon Vaniche, has stated that their solar and storage-based VPP plays a critical role. It harnesses energy from distributed resources and optimizes energy production with the vision to usher in a cleaner energy future.

mPrest’s Chief Commercial Officer, Ron Halpern, highlights that mPrest is pioneering a new era of energy management. By seamlessly integrating renewable resources, storage technologies, and advanced analytics, mPrest is creating a dynamic and efficient energy ecosystem. This platform aims to bring forth a significant change in energy dynamics and reduce energy costs.

mPrest is a leading developer and provider of real-time mission-critical command and control software. mPrest’s micro-services based, real-time orchestration and optimization platform integrates AI and IoT technologies. The company’s Distributed Energy Resources Management Systems (DERMS) and Asset Health Management (AHM) applications suite are deployed worldwide, including in some of the world’s largest energy companies. mPrest’s product suite interfaces with millions of sensors, devices, machines, assets, subsystems, IT and OT applications.

On the other hand, EDF Renewables Israel, is a part of the global EDF Group and the leading company in the competitive Israeli renewable energy market. EDF brings together financial stability and proven capabilities to develop, plan, and execute projects with a proven track record in Israel and around the world.