GreenEnco and VEEP is to optimize the generation of solar assets by using AI and ML driven Asset Performance Management (pvAPM) in Vietnam.

Creating Climate to Live in a Better World London, UK, May 25th, 2023 GreenEnco Ltd (GreenEnco) and Viot Energy Efficiency Platform Joint Stock (VEEP) jointly announced today another milestone towards the journey against Climate Emergency measures by signing a Memorandum of Agreement (MoA). This MoA has been signed by Mr. Viet Nguyen, Chairman, VEEP and Dr Jyoti Roy, Founder and CEO of GreenEnco. GreenEnco has developed a systematic strategy to optimise operational solar photovoltaic (PV) plants by maximising energy generation. This process is called PV Asset Performance Management (pvAPM). GreenEnco pvAPM is a unique approach that combines in-house developed Artificial Intelligence (AI) and Machine Learning (ML) algorithms driven by human intelligence enriched with solar domain operational excellence. GreenEnco pvAPM processes have resulted in an average 8% generation gain of solar assets in Europe and Asia. VEEP - VIOT ENERGY EFFICIENCY PLATFORM Joint Stock Company is a subsidiary under VIoT Technology Joint Stock Company, established by a group of Vietnamese experts with extensive experience in the global telecommunications and Internet of Things (IoT) field. They share a common desire to realize the potential of the IoT market and the practical applications of this technology in developing smart industrial zones. Under this framework arrangement with VEEP, GreenEnco to provide Asset Performance Management (pvAPM) to the projects developed/developing by developers, corporate enterprises, proprietors, asset owners and independent power producers of solar energy projects in Vietnam.