Wasion Electric founded in 2000 and listed on the Hong Kong Stock Exchange in 2005, Wasion Electric (Wasion Holdings Limited) is a leading Chinese company specializing in smart metering, power distribution, and energy efficiency management solutions. The company has over 1200 R&D personnel and invests significantly in research, allocating around 9.4% of its revenue towards innovation. Wasion’s solutions cover smart meters, data integration systems, and intelligent power distribution equipment.
Wasion Electric has successfully established itself in the European renewable energy market by integrating its smart grid solutions with Europe’s shift towards renewables. One notable success is the large-scale deployment of Wasion’s smart meters and data concentrators across several European countries, helping utilities efficiently manage energy distribution. Wasion’s advanced Universal Device Integration System (UDIS) and Energy Data Integration System (EDIS) allow seamless data collection and integration, critical for managing Europe’s decentralized renewable energy grids.
Furthermore, Wasion’s entry into the European market has been reinforced by collaborations with local utilities and smart grid projects. These partnerships have allowed European utilities to optimize grid performance and integrate renewable energy sources like wind and solar more effectively.
Wasion’s involvement in European smart grid projects, such as those focusing on intelligent power distribution and renewable energy integration, exemplifies its role in supporting Europe’s energy transition and enhancing grid efficiency. This has enabled Wasion to capture significant market share in the smart metering and grid management sectors across Europe.
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