DEMCO partners with thingnario, Ltd. [IoT Intelligent platform provider from Taiwan] to sign a Memorandum of Understanding (MOU) on AI Monitoring Software for Solar Power Plants

Mr. Pongsak Siricupta, Chief Executive Officer and Managing Director of DEMCO Public Company Limited or DEMCO (2nd from the left), together with Mr. Prasitchai Veerayuttwilai, the Chief Business Innovation Engineering and Operating Officer (left), participated in the signatory ceremony of the Memorandum of Understanding (MOU) on AI Monitoring Software for Solar Power Plants with thingnario Co., Ltd., Taiwan. Along with Mr. Cardy Huang, Chief Executive Officer of thingnario Co., Ltd., who was a co-signer, and Mr. David Chen (2nd from the right), Sale Director, who was also a representative at the signatory ceremony.

thingnario renewable energy monitoring platform is an innovation that uses AI Technology to optimize ROI in Solar Power Plants. It can be used for real-time tracking and warning of equipment abnormalities to closely monitor the maintenance status and optimize the efficiency of maintenance work. Additionally, it may be applied to all brands of inverters and power meters to create a billing system for investment projects. This system enhances DEMCO's competitiveness in the EPC Solar business, including solar investment projects.

Moreover, DEMCO has a collaborative development project in the Asset Management Platform for Renewable Energy (RE) with thingnario Co., Ltd. to deliver the most efficient energy technology to its business customers, while extending the life of assets and increasing investment returns.