Shyft Power Solutions, a Nigerian innovator in digital energy solutions that has gained popularity with its community-metering solutions, has been acquired by SteamaCo, a UK-based leader in energy revenue management, in a move to revolutionise Africa’s energy sector, while it has also secured new funding. Shyft is an energy technology company that develops Internet of Things (IoT) hardware and integrated software to manage energy services intelligently. From novel turnkey metering solutions to patented monitoring and control solutions, Shyft is dedicated to delivering exceptional energy experiences and solving real energy challenges. “Our vision goes beyond delivering cutting-edge technology; it’s about transforming the energy experience of power providers and their consumers. “By combining our advanced metering technology with Shyft’s local expertise, we can better meet our customers’ specific needs.

Source: The North Africa Journal November 19, 2024 12:16 UTC