SparkMeter

SparkMeter

Delivers world-class solutions for electric utilities in developing markets. Learn more
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SparkMeter operates in the energy sector, providing advanced metering solutions tailored for utilities and microgrid developers in emerging markets. The company focuses on enabling access to electricity for last-mile customers, often in remote or underserved areas. SparkMeter's core product is a smart metering system that allows for remote management and monitoring of electricity usage, which is crucial for efficient energy distribution and billing. The business model revolves around selling these metering systems and related software services to utilities and microgrid operators. Revenue is generated through the sale of hardware, software licenses, and ongoing service fees for data management and analytics. SparkMeter's clients include central grid utilities and microgrid developers who need reliable and scalable metering solutions to manage their energy distribution networks effectively. The company operates globally, with a significant presence in emerging markets where access to reliable electricity is still a challenge. By focusing on these markets, SparkMeter aims to bridge the gap in energy access and contribute to sustainable development.

Keywords: advanced metering, utilities, microgrid, emerging markets, remote management, last-mile connectivity, energy access, smart metering, electricity distribution, sustainable development.

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