Hydro’s new venture into renewable growth, Hydro REIN, and Cognite are partnering to test Cognite’s Industrial DataOps platform, Cognite Data Fusion™ through Hydro REIN’s pipeline of energy solution projects in Sweden and Norway.
Hydro REIN was formed with the ambition to become the preferred supplier of renewable power and other energy solutions to its industrial customers. The purpose of the pilot project with Cognite is to provide Hydro REIN with advanced tools to reduce energy consumption through analyzing large sets of data.
“Cognite Data Fusion will allow us to contextualize and utilize operational data from industrial sites, in real-time, enabling us to optimize our solutions and improve value for our customers,” said Olivier Girardot, head of Hydro REIN.
“Only data-driven technology can close the gap between the growing energy demand and future renewable energy capacity,” said John Markus Lervik, CEO of Cognite. “We look forward to partnering with Hydro REIN as they continue to lead solution-based sustainability efforts through energy optimization, reduction in energy-related emissions, and their concrete actions to drive improvement.”
The project will now run in the first half of 2021, with the aim to scale up at multiple industrial sites moving forward. Further collaboration in other parts of Hydro REIN’s portfolio of renewable assets and energy solutions will also be investigated depending on the success of this project.
About Hydro REIN
Hydro REIN aims to help industrials succeed with the energy transition by facilitating access to affordable renewable power, sourced from its portfolio of hydro, solar and wind projects in Brazil and the Nordics. Hydro REIN also provides industrial scale, behind-the-meter solutions to improve energy efficiency, reduce emissions and cut costs. The company is a fully owned subsidiary of Hydro, a leading industrial company that builds businesses and partnerships for a more sustainable future.
Cognite is a global industrial SaaS company that was established with one clear vision: to rapidly empower industrial companies with contextualized, trustworthy, and accessible data to help drive the full-scale digital transformation of asset-heavy industries around the world. Our core Industrial DataOps platform, Cognite Data Fusion™, enables industrial data and domain users to collaborate quickly and safely to develop, operationalize, and scale industrial AI solutions and applications to deliver both profitability and sustainability. Visit us at www.cognite.com and follow us on Twitter and LinkedIn.
Global PR Lead - Cognite