KUALA LUMPUR, Sept 23 (Bernama) -- Itron Inc, an intelligent infrastructure provider for modern energy and water management, has announced the availability of its grid edge portfolio, including Itron Riva S and Itron Riva T IEC electricity meters, for utilities in the Asia-Pacific (APAC) region.
As the first Itron Gen6 network platform devices available in APAC, the launch marks a significant milestone in its expansion of Grid Edge Intelligence in the region, according to the company in a statement.
Itron senior vice president of Networked Solutions, John Marcolini said the launch was an important step in helping utilities translate awareness into action, with an interoperable and modular architecture designed to preserve technology choice and expand value over time.
The Itron Riva meters provide utilities with a practical starting point to improve visibility across the low-voltage network and respond to the growing impact of distributed energy resources (DERs) with advanced intelligence over time.
Serving as both grid sensors and DER control points, the meters provide utilities with real-time visibility into grid conditions, enabling earlier identification of emerging network faults and constraints, proactive management of growing DERs across the low-voltage network, and optimisation of operational and capital budget allocation.
By extending sensing and intelligence to the grid edge, the Itron Riva meters allow utilities to begin with advanced metering and localised grid awareness and seamlessly expand to distributed intelligence (DI) applications as operational needs evolve, improving grid reliability, resilience and efficiency.
The meters also extend visibility beyond energy consumption data, helping utilities detect voltage fluctuations, transformer loading issues, emerging faults and other network conditions through high-frequency sensing and edge computing capabilities.
Built on open DLMS/COSEM standards and designed to meet International Electrotechnical Commission (IEC) requirements, the meters help utilities modernise their infrastructure while maintaining flexibility to integrate with existing and future technologies.
The Itron Riva IEC electricity meter is initially available in Australia, New Zealand and Singapore and is expected to expand to additional APAC countries, helping utilities modernise grid operations and respond to growing network complexity across the region.
-- BERNAMA
Wednesday, 23 September 2026
Saturday, 19 September 2026
RobotPlusPlus Raises Series C to Scale Working-at-Height Robots
BEIJING, Sept 17 (Bernama-GLOBE NEWSWIRE) -- RobotPlusPlus (ROBOT++) has closed a Series C round worth hundreds of millions of RMB (tens of millions of USD) to accelerate global expansion and embodied AI development.
Qianggang Capital Fund led the round, joined by GIG Capital Group, Sealand Innovation, and Juntong Capital. Fosun RZ Capital increased its stake.
"The true value of industrial robotics lies in real-world execution," said Dr. Hua-Yang Xu, Founder and CEO of RobotPlusPlus. "Over ten years, we have built special-purpose robots that are genuinely deployable at scale, and this round lets us bring those solutions to more industrial sites around the world."
Taking humans out of dangerous work
Across shipyards, oil-and-gas facilities, wind farms, and building façades, maintenance still puts skilled workers on scaffolding and other hazardous structures. RobotPlusPlus builds robots to handle these dangerous tasks, improving safety and efficiency while allowing professionals to focus on supervision and decision-making.
Its hull derusting robots have been deployed at more than 100 shipyards, with market share above 70%, and have worked on over 10,000 cargo vessels. They improve efficiency five to six times and reduce overall costs by 30% to 50% compared with manual methods.
"The endgame for embodied AI in industry is not the laboratory; it is the most demanding worksites," said Zhang Zhenming, General Manager of Qianggang Capital Fund. "RobotPlusPlus has brought robot fleets to commercial scale and expanded from ship-hull derusting into other demanding industrial applications. We see the potential for a global platform in autonomous industrial operations."
Global Scale, Deep R&D and data advantage
RobotPlusPlus operates across more than 18 countries, with customers and partners including NOSCO Shipyard, Drydocks World, ST Engineering Marine, Saudi Aramco and Vopak.
More than 60% of its workforce is in R&D, with R&D investment above 20% of revenue for three consecutive years. Its robots have accumulated over 2 million operating hours, generating real-world data to strengthen vertical AI models for complex industrial environments.
"We first invested in 2022 and have continued to increase our commitment," said Jin Hualong, chairman of Fosun RZ Capital. "RobotPlusPlus has built deep expertise in special-purpose robotics and marine applications. Its move from individual robots to industrial-grade embodied intelligence and complete system solutions creates strong technical barriers for high-risk industrial environments."
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/431809ea-215c-4d91-8b7c-316755da10a2
Contact RobotPlusPlus: sales@robotplusplus.com
SOURCE: Robot PlusPlus
--BERNAMA
Qianggang Capital Fund led the round, joined by GIG Capital Group, Sealand Innovation, and Juntong Capital. Fosun RZ Capital increased its stake.
"The true value of industrial robotics lies in real-world execution," said Dr. Hua-Yang Xu, Founder and CEO of RobotPlusPlus. "Over ten years, we have built special-purpose robots that are genuinely deployable at scale, and this round lets us bring those solutions to more industrial sites around the world."
Taking humans out of dangerous work
Across shipyards, oil-and-gas facilities, wind farms, and building façades, maintenance still puts skilled workers on scaffolding and other hazardous structures. RobotPlusPlus builds robots to handle these dangerous tasks, improving safety and efficiency while allowing professionals to focus on supervision and decision-making.
Its hull derusting robots have been deployed at more than 100 shipyards, with market share above 70%, and have worked on over 10,000 cargo vessels. They improve efficiency five to six times and reduce overall costs by 30% to 50% compared with manual methods.
"The endgame for embodied AI in industry is not the laboratory; it is the most demanding worksites," said Zhang Zhenming, General Manager of Qianggang Capital Fund. "RobotPlusPlus has brought robot fleets to commercial scale and expanded from ship-hull derusting into other demanding industrial applications. We see the potential for a global platform in autonomous industrial operations."
Global Scale, Deep R&D and data advantage
RobotPlusPlus operates across more than 18 countries, with customers and partners including NOSCO Shipyard, Drydocks World, ST Engineering Marine, Saudi Aramco and Vopak.
More than 60% of its workforce is in R&D, with R&D investment above 20% of revenue for three consecutive years. Its robots have accumulated over 2 million operating hours, generating real-world data to strengthen vertical AI models for complex industrial environments.
"We first invested in 2022 and have continued to increase our commitment," said Jin Hualong, chairman of Fosun RZ Capital. "RobotPlusPlus has built deep expertise in special-purpose robotics and marine applications. Its move from individual robots to industrial-grade embodied intelligence and complete system solutions creates strong technical barriers for high-risk industrial environments."
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/431809ea-215c-4d91-8b7c-316755da10a2
Contact RobotPlusPlus: sales@robotplusplus.com
SOURCE: Robot PlusPlus
--BERNAMA
Thursday, 17 September 2026
LRN LAUNCHES COMPLIANCE POLICY MANAGEMENT SOLUTION
KUALA LUMPUR, Sept 17 (Bernama) -- LRN Corporation, a global provider of ethics and compliance solutions, has launched Catalyst Policy, a compliance policy management solution integrated into LRN Catalyst platform.
In a statement, the company said Catalyst Policy enables organisations to manage policy creation, communication and adoption across geographies, languages and regulatory requirements, as artificial intelligence (AI) reshapes governance, risk and compliance requirements.
The solution was developed based on LRN’s work with clients managing global policy governance, including collaboration with Howden Group, a global insurance intermediary. The partnership drew on Howden’s experience in building compliance programmes and ethical cultures.
LRN Chief Executive Officer, Bob Lemmond said Howden’s experience had helped shape Catalyst Policy around the needs of global ethics and compliance teams.
Meanwhile, Howden Group Head of Compliance, Ian Jacob said effective policy lifecycle management was essential to reducing risk, meeting regulatory obligations and ensuring employees understood workplace conduct expectations.
LRN said organisations face growing policy complexity as regulatory requirements, business risks and the deployment of AI-related policies and governance continue to expand, increasing the need for clear oversight, accountability and audit readiness.
Catalyst Policy enables organisations to manage policies through a centralised model, replacing fragmented repositories and manual review and translation processes. Its features include in-platform redlining and track changes such as AI-assisted translations with human review; scoped access for external auditors and reviewers; and evergreen links and an immutable repository.
The solution also connects policy governance with attestations, training, policy access, analytics and behavioural insights within the LRN Catalyst platform.
LRN said its research on ethics and compliance programme effectiveness shows that high-impact programmes integrate data and analytics across ethics and compliance initiatives into day-to-day management. Catalyst Policy forms part of the company’s broader approach to connected governance, behavioural insights and data-driven compliance management.
-- BERNAMA
In a statement, the company said Catalyst Policy enables organisations to manage policy creation, communication and adoption across geographies, languages and regulatory requirements, as artificial intelligence (AI) reshapes governance, risk and compliance requirements.
The solution was developed based on LRN’s work with clients managing global policy governance, including collaboration with Howden Group, a global insurance intermediary. The partnership drew on Howden’s experience in building compliance programmes and ethical cultures.
LRN Chief Executive Officer, Bob Lemmond said Howden’s experience had helped shape Catalyst Policy around the needs of global ethics and compliance teams.
Meanwhile, Howden Group Head of Compliance, Ian Jacob said effective policy lifecycle management was essential to reducing risk, meeting regulatory obligations and ensuring employees understood workplace conduct expectations.
LRN said organisations face growing policy complexity as regulatory requirements, business risks and the deployment of AI-related policies and governance continue to expand, increasing the need for clear oversight, accountability and audit readiness.
Catalyst Policy enables organisations to manage policies through a centralised model, replacing fragmented repositories and manual review and translation processes. Its features include in-platform redlining and track changes such as AI-assisted translations with human review; scoped access for external auditors and reviewers; and evergreen links and an immutable repository.
The solution also connects policy governance with attestations, training, policy access, analytics and behavioural insights within the LRN Catalyst platform.
LRN said its research on ethics and compliance programme effectiveness shows that high-impact programmes integrate data and analytics across ethics and compliance initiatives into day-to-day management. Catalyst Policy forms part of the company’s broader approach to connected governance, behavioural insights and data-driven compliance management.
-- BERNAMA
UNIVAR SOLUTIONS LISTED IN TIME’S BEST COMPANIES FOR FUTURE LEADERS 2026
KUALA LUMPUR, Sept 17 (Bernama) -- Univar Solutions LLC (Univar Solutions), a global solutions provider to users of speciality ingredients and chemicals, has been recognised on TIME’s distinguished list of Best Companies for Future Leaders 2026.
Presented in partnership with Statista, an industry data and rankings provider, TIME’s Best Companies for Future Leaders ranking highlights businesses and organisations across the United States that have contributed meaningfully to the journeys of the country's most influential leaders.
Univar Solutions Chief Legal and Administrative Officer Alexandra Colin said the recognition reflects the company’s commitment to building a culture where people can grow, contribute and lead.
“Our success is driven by talented employees who are empowered to make an impact for our customers, communities, and industry, and we are proud to invest in programmes and opportunities that enable our people to develop their careers while advancing our purpose of helping keep communities healthy, fed, clean, and safe,” added Colin in a statement.
Meanwhile, Univar Solutions Chief Human Resources Officer, Ingredients + Specialties, Lamiya Mammadova said the recognition highlights the company’s ongoing commitment to cultivating talent, fostering innovation and creating an environment where people can thrive and achieve their full potential.
This year’s ranking is the result of an extensive analysis of approximately 4,900 leaders from a wide array of fields, including business, government, science, arts and activism. Organisations were recognised for the unique opportunities and impactful professional experiences they provide.
-- BERNAMA
Presented in partnership with Statista, an industry data and rankings provider, TIME’s Best Companies for Future Leaders ranking highlights businesses and organisations across the United States that have contributed meaningfully to the journeys of the country's most influential leaders.
Univar Solutions Chief Legal and Administrative Officer Alexandra Colin said the recognition reflects the company’s commitment to building a culture where people can grow, contribute and lead.
“Our success is driven by talented employees who are empowered to make an impact for our customers, communities, and industry, and we are proud to invest in programmes and opportunities that enable our people to develop their careers while advancing our purpose of helping keep communities healthy, fed, clean, and safe,” added Colin in a statement.
Meanwhile, Univar Solutions Chief Human Resources Officer, Ingredients + Specialties, Lamiya Mammadova said the recognition highlights the company’s ongoing commitment to cultivating talent, fostering innovation and creating an environment where people can thrive and achieve their full potential.
This year’s ranking is the result of an extensive analysis of approximately 4,900 leaders from a wide array of fields, including business, government, science, arts and activism. Organisations were recognised for the unique opportunities and impactful professional experiences they provide.
-- BERNAMA
D-WAVE TO HOST QUBITS ASIA 2026 IN SEOUL ON OCT 28
KUALA LUMPUR, Sept 17 (Bernama) -- D-Wave Quantum Inc (D-Wave), a quantum computing company providing both annealing and gate-model systems, software and services, will host Qubits Asia 2026: Quantum Realized, a full-day quantum computing user conference, on Oct 28 in Seoul.
Focused on the growing impact of quantum computing across the Asia-Pacific (APAC) region, the event will spotlight production applications addressing complex business challenges and research advancing scientific discovery, as well as the latest developments in D-Wave’s annealing and gate-model technologies.
D-Wave in a statement said the conference will bring together its executives, customers, researchers and industry leaders to share lessons from real-world implementations, exchange best practices and explore opportunities to accelerate quantum computing adoption across APAC.
“Countries including Japan, Singapore, South Korea, and Taiwan are moving decisively to establish global leadership in quantum computing, and D-Wave is helping turn that ambition into measurable results today.
“Qubits Asia will demonstrate what leadership looks like in practice by bringing together customers, researchers and industry leaders to accelerate commercial adoption, advance scientific discovery and expand the impact of quantum computing across the region,” said D-Wave Chief Executive Officer (CEO), Dr Alan Baratz.
Qubits Asia 2026 comes amid continued momentum for D-Wave across APAC, marked by growing customer adoption, strategic collaborations and commercial and research initiatives spanning network optimisation, artificial intelligence (AI) and machine learning, materials science, and semiconductor manufacturing as well as port operations.
Conference highlights include D-Wave CEO Dr Baratz and Chief Development Officer Dr Trevor Lanting sharing updates on the company’s annealing and gate-model quantum computing technologies, commercial applications and advances in quantum AI.
In addition, NTT DOCOMO researcher Shuichi Fukuda will discuss the Japanese mobile operator’s two D-Wave-powered quantum computing applications now operating in production and the resulting improvements in network efficiency and performance, while LG CNS Consulting Manager Wanki Cho will discuss the use of D-Wave technology to enhance 3D CT imaging for manufacturing inspections.
-- BERNAMA
Focused on the growing impact of quantum computing across the Asia-Pacific (APAC) region, the event will spotlight production applications addressing complex business challenges and research advancing scientific discovery, as well as the latest developments in D-Wave’s annealing and gate-model technologies.
D-Wave in a statement said the conference will bring together its executives, customers, researchers and industry leaders to share lessons from real-world implementations, exchange best practices and explore opportunities to accelerate quantum computing adoption across APAC.
“Countries including Japan, Singapore, South Korea, and Taiwan are moving decisively to establish global leadership in quantum computing, and D-Wave is helping turn that ambition into measurable results today.
“Qubits Asia will demonstrate what leadership looks like in practice by bringing together customers, researchers and industry leaders to accelerate commercial adoption, advance scientific discovery and expand the impact of quantum computing across the region,” said D-Wave Chief Executive Officer (CEO), Dr Alan Baratz.
Qubits Asia 2026 comes amid continued momentum for D-Wave across APAC, marked by growing customer adoption, strategic collaborations and commercial and research initiatives spanning network optimisation, artificial intelligence (AI) and machine learning, materials science, and semiconductor manufacturing as well as port operations.
Conference highlights include D-Wave CEO Dr Baratz and Chief Development Officer Dr Trevor Lanting sharing updates on the company’s annealing and gate-model quantum computing technologies, commercial applications and advances in quantum AI.
In addition, NTT DOCOMO researcher Shuichi Fukuda will discuss the Japanese mobile operator’s two D-Wave-powered quantum computing applications now operating in production and the resulting improvements in network efficiency and performance, while LG CNS Consulting Manager Wanki Cho will discuss the use of D-Wave technology to enhance 3D CT imaging for manufacturing inspections.
-- BERNAMA
Monday, 14 September 2026
MONEYHERO REPORTS US$15.8 MLN Q2 REVENUE
KUALA LUMPUR, Sept 14 (Bernama) -- MoneyHero Limited (MoneyHero), a technology- and artificial intelligence (AI)-powered personal finance aggregation and comparison platform, reported revenue of US$15.8 million in the second quarter (Q2) of 2026, down 13 per cent year-over-year (YoY). (US$1=RM4.06)
The company posted a net loss of US$1.2 million for Q2, compared with a net profit of US$0.2 million a year earlier, mainly due to foreign exchange (FX) differences, which swung from a US$3.0 million gain to a US$0.1 million loss.
In a statement, the company said adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) loss narrowed 17 per cent YoY to US$1.6 million.
MoneyHero said total transaction value remained flat YoY at US$20.9 million in Q2, while cash rewards provided to platform users increased by 77 per cent YoY to US$5.1 million. The increase in cash rewards formed part of its strategy to attract higher-intent customers, with Hong Kong and Singapore remaining its core markets.
Revenue from higher-margin Wealth and Insurance products rose to US$4.7 million in Q2, accounting for 30 per cent of total revenue, compared with 27 per cent in the same quarter last year. Revenue from Credit Cards declined 18 per cent YoY to US$8.9 million.
Cost of revenue fell 17 per cent YoY to US$7.6 million in Q2, accounting for 48 per cent of revenue, while combined cost of revenue, advertising and marketing, technology, employee benefit, and general administrative and other operating expenses declined 12 per cent to US$18.2 million.
Technology costs fell 50 per cent YoY to US$0.5 million, which MoneyHero attributed to continued platform consolidation and artificial intelligence (AI)-driven automation of engineering and operational workflows.
During Q2, MoneyHero advanced several partner-led initiatives and broadened its product offerings. In Singapore, it secured exclusive partnerships with two of the country’s largest retail banks, while in Taiwan it launched a KOL pilot with a local bank to test a more targeted, partner-led customer acquisition model. In Hong Kong, it is broadening its online life insurance offering to include critical illness coverage.
MoneyHero ended the quarter with a healthy, debt-free balance sheet, with US$28.2 million in cash and cash equivalents and US$32.6 million in net current assets as at June 30. Its MoneyHero Group Members base also grew 17 per cent YoY to 10.1 million.
Looking ahead, MoneyHero said it remains focused on converting structural efficiency gains into full-year adjusted EBITDA improvement while advancing product expansion, AI initiatives and other strategic growth programmes.
-- BERNAMA
The company posted a net loss of US$1.2 million for Q2, compared with a net profit of US$0.2 million a year earlier, mainly due to foreign exchange (FX) differences, which swung from a US$3.0 million gain to a US$0.1 million loss.
In a statement, the company said adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) loss narrowed 17 per cent YoY to US$1.6 million.
MoneyHero said total transaction value remained flat YoY at US$20.9 million in Q2, while cash rewards provided to platform users increased by 77 per cent YoY to US$5.1 million. The increase in cash rewards formed part of its strategy to attract higher-intent customers, with Hong Kong and Singapore remaining its core markets.
Revenue from higher-margin Wealth and Insurance products rose to US$4.7 million in Q2, accounting for 30 per cent of total revenue, compared with 27 per cent in the same quarter last year. Revenue from Credit Cards declined 18 per cent YoY to US$8.9 million.
Cost of revenue fell 17 per cent YoY to US$7.6 million in Q2, accounting for 48 per cent of revenue, while combined cost of revenue, advertising and marketing, technology, employee benefit, and general administrative and other operating expenses declined 12 per cent to US$18.2 million.
Technology costs fell 50 per cent YoY to US$0.5 million, which MoneyHero attributed to continued platform consolidation and artificial intelligence (AI)-driven automation of engineering and operational workflows.
During Q2, MoneyHero advanced several partner-led initiatives and broadened its product offerings. In Singapore, it secured exclusive partnerships with two of the country’s largest retail banks, while in Taiwan it launched a KOL pilot with a local bank to test a more targeted, partner-led customer acquisition model. In Hong Kong, it is broadening its online life insurance offering to include critical illness coverage.
MoneyHero ended the quarter with a healthy, debt-free balance sheet, with US$28.2 million in cash and cash equivalents and US$32.6 million in net current assets as at June 30. Its MoneyHero Group Members base also grew 17 per cent YoY to 10.1 million.
Looking ahead, MoneyHero said it remains focused on converting structural efficiency gains into full-year adjusted EBITDA improvement while advancing product expansion, AI initiatives and other strategic growth programmes.
-- BERNAMA
Sunday, 13 September 2026
Alderbuck Energy Expands Leadership Team
Former EPRI engineer Sunil Chhaya, PhD, joins as Vice President of Market Development & Applications Engineering
SAN DIEGO, Sept 10 (Bernama-BUSINESS WIRE) -- Alderbuck Energy, a San Diego-based power infrastructure company building solid-state systems for AI data centers, today announced that Sunil Chhaya, PhD, has joined the company as Vice President of Market Development & Applications Engineering.
Chhaya joins Alderbuck from the Electric Power Research Institute (EPRI), where he spent nearly two decades leading work on grid modernization, distributed energy resource integration, managed charging, vehicle-to-grid, and cybersecurity.
At Alderbuck, Chhaya will lead market development and applications engineering for the company’s integrated power platform, the Nexus Power Unit™ medium-voltage solid-state transformer and the PowerVector AI™ software layer, including predictive diagnostics, distributed energy resource management, and grid-aware orchestration.
"I'm thrilled to be back at the intersection of agentic AI and power electronics, doing what I did thirty years ago in my PhD program, before anyone called it that,” said Chhaya. “I joined Alderbuck because it has a team that has previously commercialized advanced hardware, and because the company understands that power electronics and the intelligence layer must be systemized together. It’s not often a career comes full circle this precisely, and Alderbuck is exactly where I’m excited to close that loop.”
The appointment comes as Alderbuck moves its platform from design into the field. A planned Nexus Power Unit pilot at the San Diego Supercomputer Center at UC San Diego, funded through a California Energy Commission initiative with San Diego Gas & Electric, EmeraldAI, and the Good For Others Foundation, is meant to show how medium-voltage solid-state conversion can cut footprint, installation time, and energy losses for high-density AI loads.
As power demand grows more intense and dynamic with AI compute, transport electrification, and distributed resources, Chhaya will help position Alderbuck as the platform that treats power electronics, grid interoperability, and site economics as one system.
About Alderbuck Energy
Founded in 2024 and headquartered in San Diego, with engineering and manufacturing in Dearborn, Michigan, Alderbuck Energy develops solid-state, isolated, bidirectional power control systems that streamline the connection of AI data centers while improving energy efficiency and reducing cost. Its Nexus Power Unit (NPU)™ replaces multiple pieces of conventional electrical equipment, transformers, rectifiers, and inverters with a single, software-enabled platform that converts medium-voltage AC directly into high-voltage DC, reducing footprint, installation time, and energy losses. Companion software PowerVector AI™ monitors and manages energy flows between utilities, batteries, renewables, and customer loads in real time, using AI to optimize performance and flag equipment issues before failures occur. The platform helps customers overcome grid constraints so data center developers do not have to wait years for a utility connection.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20260909893501/en/
Contact
MEDIA CONTACT
Tucker Slosburg
Lyceus Group
tslosburg@lyceusgroup.com
206.635.4196
Source : Alderbuck Energy
--BERNAMA
Chhaya joins Alderbuck from the Electric Power Research Institute (EPRI), where he spent nearly two decades leading work on grid modernization, distributed energy resource integration, managed charging, vehicle-to-grid, and cybersecurity.
At Alderbuck, Chhaya will lead market development and applications engineering for the company’s integrated power platform, the Nexus Power Unit™ medium-voltage solid-state transformer and the PowerVector AI™ software layer, including predictive diagnostics, distributed energy resource management, and grid-aware orchestration.
"I'm thrilled to be back at the intersection of agentic AI and power electronics, doing what I did thirty years ago in my PhD program, before anyone called it that,” said Chhaya. “I joined Alderbuck because it has a team that has previously commercialized advanced hardware, and because the company understands that power electronics and the intelligence layer must be systemized together. It’s not often a career comes full circle this precisely, and Alderbuck is exactly where I’m excited to close that loop.”
The appointment comes as Alderbuck moves its platform from design into the field. A planned Nexus Power Unit pilot at the San Diego Supercomputer Center at UC San Diego, funded through a California Energy Commission initiative with San Diego Gas & Electric, EmeraldAI, and the Good For Others Foundation, is meant to show how medium-voltage solid-state conversion can cut footprint, installation time, and energy losses for high-density AI loads.
As power demand grows more intense and dynamic with AI compute, transport electrification, and distributed resources, Chhaya will help position Alderbuck as the platform that treats power electronics, grid interoperability, and site economics as one system.
About Alderbuck Energy
Founded in 2024 and headquartered in San Diego, with engineering and manufacturing in Dearborn, Michigan, Alderbuck Energy develops solid-state, isolated, bidirectional power control systems that streamline the connection of AI data centers while improving energy efficiency and reducing cost. Its Nexus Power Unit (NPU)™ replaces multiple pieces of conventional electrical equipment, transformers, rectifiers, and inverters with a single, software-enabled platform that converts medium-voltage AC directly into high-voltage DC, reducing footprint, installation time, and energy losses. Companion software PowerVector AI™ monitors and manages energy flows between utilities, batteries, renewables, and customer loads in real time, using AI to optimize performance and flag equipment issues before failures occur. The platform helps customers overcome grid constraints so data center developers do not have to wait years for a utility connection.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20260909893501/en/
Contact
MEDIA CONTACT
Tucker Slosburg
Lyceus Group
tslosburg@lyceusgroup.com
206.635.4196
Source : Alderbuck Energy
--BERNAMA
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