* Firms sign agreement to speed up
* Octopus to roll out Kraken in
* Deal marks
* Comes as Octopus looks at retail opportunities in the region
Designed to rapidly deploy cheap, green renewables at scale across
Octopus is a global energy and technology company that aims to drive the affordable, green energy system of the future through its retail brand, its investments in renewables and its proprietary technology platform, Kraken.
Kraken has become the fastest growing energy software in the
The market-leading platform also greatly reduces costs for suppliers and improves customer service levels. It is now contracted to serve over 54 million energy accounts across the world and manage over 38 GW across 180,000 green energy assets in 12 countries.
Through "(re)energisa", the company's innovative energy solution brand,
Following the transfer of tech expertise, market insights and best practice examples, the companies will work together to optimise the management of
As a final step, the companies will explore the viability of potential joint ventures for
Over 600,000 Brazilians are still without access to electricity, while one in ten (11%) of them are classified as living in energy poverty*, meaning millions could benefit from innovation in the energy industry.
"This is a massive opportunity and can serve as a blueprint for similar countries and places with high fuel poverty. Through a combination of methods, our budding partnership will help build the future green energy system in
"Together, we are committed to exchanging knowledge, exploring new business opportunities, and making a difference, promoting a more sustainable and inclusive future for the Brazilian people".
-ENDS-
Notes to editors:
*The multidimensionality of energy poverty in
Press Contacts
press@octoenergy.com
+44 (0)20 4530 8369
About Kraken
Kraken Technologies offers a best-in-class end-to-end platform for energy supply, and is operating in the
Based on advanced data and machine learning capabilities, Kraken automates much of the energy supply chain to allow outstanding service and efficiency as the world transitions to a decentralised, decarbonised energy system. Kraken's flexibility arm is currently contracted to manage over 36 GW across 130,000 green energy assets in 12 countries.
Kraken Technologies is part of
About
Octopus Energy is a global clean energy tech business, driving the affordable, green energy system of the future. Under its own retail brand, Octopus delivers world-class customer service and cutting edge energy products to 7.7 million households globally.
Its operations span 18 countries and the entire energy value chain. The group invests in, builds and flexibly manages renewable energy, operating a £7 billion portfolio of projects - one of
Octopus has licensed its advanced data and machine learning platform, Kraken, to support over 54 million customer accounts worldwide through licensing deals with companies such as EDF, E.ON and
Kraken enables Octopus to drive the electrification of heat and transport through smart tariffs and innovative cleantech. Backed by pension funds, investors and energy giants,
For more information, check out our website.
Find out
With 119 years of history,
Our portfolio covers 9 electricity distributors, 12 transmission concessions, a centralized photovoltaic generation plant, an innovative energy solution brand - (re)energisa -, which has one of the largest photovoltaic distributed generation parks in the country, in addition to energy trading on the free market and value-added services. We also have a shared services center, a contact center company to serve our customers and the fintech Voltz, the first in the segment of public energy service companies. We recently diversified our portfolio with the inclusion of natural gas distribution, through the acquisition of ES Gás and a project, under construction, to generate biomethane from solid waste.
We transform energy into comfort and development for more than 20 million people in 875 municipalities in all regions of the country and generate more than 20 thousand direct and indirect jobs.
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Senior PR Manager
+44 7572900987
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