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Ferroamp contributes to the development of an energy-smart district through collaboration in ElectriCITY

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Ferroamp contributes to the development of an energy-smart district through collaboration in ElectriCITY

ElectriCITY, which has ambitious environmental goals for Hammarby Sjöstad to be a climate-neutral district by the year 2030, uses Ferroamp systems for energy-smart districts.

ElectriCITY Innovation has an ambitious environmental goal that Hammarby Sjöstad will be a climate-neutral district by the year 2030. This places major demands on new sustainability solutions, not only renewable energy, but also smart innovations to be able to share, store and rationalise energy consumption. This is where Ferroamp comes into the picture, contributing competence and technology for power control and energy optimisation, i.e. how to make the best use of energy through storage, phase balancing and benefits of scale.

“Ferroamp offers effective technological solutions for properties and contributes important - and necessary - knowledge to enable us to achieve our tough environmental goals. At both local and national level,” says Jörgen Lööf, CEO of ElectriCITY. “In future, our need to control our power will be at least as important as the energy we consume being environmentally classified. Controlling withdrawal will be crucial for homeowners and tenant-owner associations, in terms of both consumption and finances,” continues Jörgen Lööf. ElectriCITY works locally but thinks globally, and there are about thirty environmental and sustainability projects under way together with business, research bodies and universities.

ElectriCITY, which now includes Ferroamp, is carrying out research projects for energy communities together with RISE, KTH, ÖBO and a number of other business partners. A comprehensive project on flexible energy is being carried out with support from the Swedish Energy Agency, with the aim of developing efficient solutions for measuring, storing and sharing local energy in so-called energy communities and in a flexibility market.

“Through our participation in ElectriCITY, we’re making sure that we’re at the forefront of the development of energy-smart districts. We can contribute with our expertise in integrated solutions for electric vehicle charging, solar energy and energy storage, which are based on DC technology and make it possible to use microgrids to share local energy between properties. We see this as one of the important solutions to the power shortage we’re already seeing and will see more of in the future, with the increased electrification of society,” says Krister Werner, CEO of Ferroamp.

For further information, please contact:
Krister Werner, CEO, +46 76 535 86 64

For more information, please visit: www.ferroamp.com

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About Ferroamp Elektronik
Ferroamp Elektronik AB (publ), founded in 2010, is a fast-growing greentech company that offers advanced energy and output optimisation solutions for properties. Ferroamp has a scalable platform that offers the opportunity to combine patented technology in a proprietary EnergyHub with alternative energy sources and energy storage. In a unique solution, several buildings can also be connected in one microgrid - Powershare. Customers at present consist primarily of property companies, energy consultants and electric power companies. Ferroamp has received several prominent international environmental awards. The company’s head office is located just outside Stockholm.

The Ferroamp share (FERRO) is traded on Nasdaq First North Growth Market with G&W Fondkommission as Certified Advisor (email ca@gwkapital.se, phone +46 8 503 000 50).

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Peter Söderberg

Peter Söderberg

Presskontakt Public Relations Manager 079-585 82 58

Om Ferroamp

Ferroamp är ett svenskt snabbväxande greentech-bolag med inriktning på energi- och effektoptimering av fastigheter. Ferroamps EnergyHub är en smartare växelriktare som blir hjärnan i ett intelligent elsystem, där nyttan av solpaneler, elbilsladdning och batterilager kan maximeras. Det skalbara systemet ger kontroll och gör det lönsamt och enkelt för företag och privatpersoner att delta i den gröna energiomställningen.

Ferroamp grundades 2010 av Björn Jernström och den innovativa tekniken har fått flera nationella och internationella utmärkelser. Företaget är noterat på Stockholmsbörsen, First North Growth Markets.

Ferroamp AB (publ)

Odlingsgatan 7B
174 53 Sundbyberg
Sverige