ANDRITZ Hydro, a leading supplier of electromechanical equipment and services for the hydropower market, is joining the international Gilboa Iris Pilot Project, a distributed grid and peer-to-peer (P2P) community energy trading project, led by FSIGHT Energy Ltd. The project will deploy FSIGHT’s Energy AI platform at Maale Gilboa’s facilities in northern Israel, to manage energy consumption, production, storage and P2P trading within the Kibbutz community, driving efficiency across the grid, reducing costs and enabling a sustainable community.
ANDRITZ is a globally leading provider of plants, equipment, and services for several markets. With over 160 years of experience, and more than 250 locations worldwide, the listed Group is headquartered in Graz, Austria. ANDRITZ Hydro, as part of the ANDRITZ GROUP, is one of the leading global suppliers of electromechanical equipment and services for hydropower plants with over 175 years of accumulated experience and implements environmentally friendly and economically efficient solutions for the hydropower industry.
ANDRITZ’s expertise in electrical energy production and commitment to environmental principles makes it an ideal partner for contributing to FSIGHT’s vision for long-term sustainable energy. As part of the Gilboa Iris Project, ANDRITZ is joining FSIGHT’s consortium of international leading companies to explore how AI technologies can help optimize Distributed Energy Resources, together with pumped storage optimization and P2P trading.