Envision Energy’s Internet of Things (IoT) platform is initially collaborating with Microsoft and Accenture, with a number of other pioneers and innovators expected to join later in the programme.
It aims to unify all aspects of the fragmented renewable energy sector and help improve efficiency, capture more value and accelerate digitalisation.
The company says smart networks could link buildings, industry parks, vehicles, power generation plants, distribution infrastructure, storage unit and end users, enabling more efficient, green and reliable energy consumption.
Microsoft aims to provide secure and flexible data storage, with Accenture supplying technology to ensure the smooth integration of various applications.
Envision itself intends to collect a wide range of intelligence from physical assets.
Envision Founder and CEO, Lei Zhang, said: “The old energy paradigm is breaking down and will be replaced by a new era of energy. Envision is leading a global energy technology revolution in an open and collaborative way.
“The purpose of this alliance is to accelerate the digital transition and solve challenges through great team work. Together we are dedicated to making the new era of beautiful energy a near-term reality.”
Around 85% of people with smart meters have cut energy use by changing how they act around the house.