26.05.2015 | Austria
S&T AG secures large-sized smart energy commission in Poland
S&T Poland to supply 120,000 intelligent electricity meters and to implement head-end systemThe S&T Group's smart energy division has secured a large-sized commission in Poland. As part of a project, S&T's subsidiary in Poland is to supply 120,000 smart meters. The commission also comprises the implementation and maintenance of the associated data management system. The commission's value comes to more than EUR 10 million. The recipient of the items to be supplied by S&T will be a Polish-Korean consortium. The end-user plans to follow up the project's completion mid-2016 with the launching of a tender comprised of some 5 million electricity meters. The value of these is to be more than USD 500 million. It will be for southern Poland.
As part of the “Smart City Wroclaw” smart energy project, S&T will supply a further 120,000 devices. This will be done by mid-2016. The recently-concluded contract contains an option for a 20% increase in the number of items ordered. S&T will also provide IT and maintenance services. This will comprise the integration of the head-end software systems required to operate the data center of the power supplier.
“We have strongly profited from the synergies extant within the S&T Group. Networked Energy Services Corp. (NES) is our California-based subsidiary. It is the world's leading supplier of smart-grid technologies. NES has supplied its first-class services to this project. Our subsidiary in Poland has also provided its great expertise in the region's IT services market to it,” notes Hannes Niederhauser, chairman of S&T's executive board.
Smart City Wroclaw is a pilot project. It will conclude in 2016. The Polish energy supplier plans on following it up with a tender for a smart meter roll-out. This commission is expected to have an order value of more than USD 500 million, and to cover all of southern Poland with 5 million smart meters. S&T will deploy its excellent portfolio of technologies in striving to secure this smart energy commission.
On S&T AG:
S&T AG (www.snt.at, ISIN AT0000A0E9W5, WKN A0X9EJ, SANT) is a high-tech corporation. It employs some 2,200 employees, and maintains subsidiaries and offices in 19 countries. S&T AG provides IT systems. It is listed on the Frankfurt Stock Exchange's Prime Standard segment. These systems are comprised in the company's comprehensive portfolio of IT solutions and services. These make S&T one of the leading suppliers in Central and Eastern Europe. S&T is a renowned manufacturer of products featuring proprietary technologies. Its wide-ranging portfolio includes proprietary developments in such areas as appliances and cloud security. S&T commenced in 2014 the development of its Smart Energy business area. Through its Networked Energy Services Corporation (www.networkedenergy.com) subsidiary, S&T is among the world's leading suppliers of smart energy technologies.