SmartSense, developed by Ahmedabad-based Ecolibrium Energy, has won a prestigious United Nations’ climate solutions award for helping customers with energy savings.
SmartSense, is an incubated organisation of the Centre for Innovation, Incubation and Entrepreneurship (CIIE), of Indian Institute of Management-Ahmedabad (IIM-A).
It has won the 2014 Lighthouse Activity awards under the focus area of Information and Communication Technology (ICT), an IIM-A spokesperson said here on Wednesday.
The Lighthouse Activity Awards are spearheaded by the UN Climate Change Secretariat to shine a light on some of the best examples of climate solutions and to inspire increased climate action around the world. This year’s winning activities include both large, game-changing solutions and small, entrepreneurial efforts. Teresa Ribera Rodriguez, chair of the Momentum for Change Advisory Panel, said 12 initiatives were shortlisted as true beacons, shining a light on transformational climate action that challenges conventional development.
These activities assist communities, cities, businesses, governments and institutions to move towards a low-carbon, highly resilient future.
On bagging the Award at a recent function in Peru’s capital Lima, Chintan Soni, CEO, Ecolibrium Energy, said the company would remain dedicated to reducing inefficiencies in energy usage.
Ecolibrium Energy started in 2010 with the objective of reducing energy inefficiencies in industrial and commercial enterprises, leading to lower energy costs. In a span of 4 years, the company has a footprint across India and South-East Asia, with more than 450 consumers who have saved 5%-25% of their power consumption. This cost effective energy management solution leverages ICT to optimise energy consumption and mitigating climate change.
IIM-A’s CIIE is India's premier business incubator.