Cloud Energy Deploys Network Using LoRaWAN® For Wireless Solar Power System Enabling Effective Energy Monitoring

Cloud Energy Deploys Network Using LoRaWAN® For Wireless Solar Power System
  Enabling Effective Energy Monitoring

 Solar rooftops installed on temples and industrial parks saw a 30% reduction
           in energy costs compared to a traditional wired solution

Business Wire

CAMARILLO, Calif. -- September 9, 2021

Semtech Corporation  (Nasdaq: SMTC), a leading supplier of high performance
analog and mixed-signal semiconductors and advanced algorithms, announced its
collaboration with Cloud Energy, a leading Internet of Things (IoT) solution
provider in Vietnam, for the development and deployment of a network running
on the LoRaWAN® standard for a wireless solar power system installed on
facility rooftops. A wired energy solution did not fit a rooftop solar power
system due to higher hardware and installation costs as well as a higher level
of ongoing required maintenance, particularly in rural areas of Vietnam where
rodent damage to cabling is a particular issue. Cloud Energy’s wireless solar
power system featuring Semtech’s LoRa® devices and LoRaWAN connectivity
provides comprehensive, accurate and independent data management from
inverters, electricity meters and sensors to inform site owners. According to
Cloud Energy, the solar power system solutions saved their customers more than
30% on initial investment for a monitoring system.

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Solar rooftops installed on temples and industrial parks saw a 30% reduction
in energy costs compared to a traditional wired solution (Photo: Business
Wire)

Solar rooftops installed on temples and industrial parks saw a 30% reduction
in energy costs compared to a traditional wired solution (Photo: Business
Wire)

“We believe that the future of monitoring solutions will largely adapt to
LoRaWAN wireless technology, which is highly scalable, simple to deploy and
provides a reliable wireless connection. Solar power monitoring solutions that
use LoRaWAN technology may be a new future trend that not only solves the
problem of reliable wireless connectivity, but also provides additional
benefits of IoT standardization, scalability, data analytics, and
interoperability,” said Tuan Anh Pham, Cloud Energy founder.

The Cloud Energy wireless solar power system is a plug-and-play solution
consisting of multiple wireless Cloud Energy modules, 1 Kerlink gateway using
LoRaWAN and a Cloud Energy web-app to monitor real-time data to review and
forecast performance independently across meters, inverters and sensors.
Through the integration of LoRaWAN, the Cloud Energy solar power system is a
true wireless solution offering stable data transmission for end users to
manage energy usage across wide areas.

“Cloud Energy’s successful implementation of the LoRaWAN standard for its
wireless solar power systems showcases the versatility of the Internet of
Things technology to adapt to nearly any setting and budget. The robust
connectivity from LoRaWAN is creating smarter buildings for more informed
business decisions,” said Marc Pégulu, vice president of IoT product marketing
and strategy for Semtech’s Wireless and Sensing Products Group.

For more information on Cloud Energy’s smart solar solution with LoRaWAN,
please visit here.

About Semtech’s LoRa® Platform

Semtech’s LoRa device-to-Cloud platform is a globally adopted long range, low
power solution for IoT applications, enabling the rapid development and
deployment of ultra-low power, cost efficient and long range IoT networks,
gateways, sensors, module products, and IoT services worldwide. Semtech’s LoRa
devices provide the communication layer for the LoRaWAN® standard, which is
maintained by the LoRa Alliance®, an open IoT alliance for Low Power Wide Area
Network (LPWAN) applications that has been used to deploy IoT networks in over
100 countries. Semtech is a founding member of the LoRa Alliance. To learn
more about how LoRa enables IoT, visit Semtech’s LoRa site.

About Cloud Energy

Cloud Energy Company is a startup in Vietnam, established in 2019, specialized
in IoT (Internet of Things) energy management for smart cities. The company
has successfully developed solutions for smart energy building management,
smart utilities management and smart solar monitoring systems. Our mission is
to contribute to the future smart and sustainable cities development. For more
information, visit www.cloudenergy.sg.

About Semtech

Semtech Corporation is a leading supplier of high performance analog and
mixed-signal semiconductors and advanced algorithms for infrastructure,
high-end consumer and industrial equipment. Products are designed to benefit
the engineering community as well as the global community. The Company is
dedicated to reducing the impact it, and its products, have on the
environment. Internal green programs seek to reduce waste through material and
manufacturing control, use of green technology and designing for resource
reduction. Publicly traded since 1967, Semtech is listed on the NASDAQ Global
Select Market under the symbol SMTC. For more information, visit
www.semtech.com.

Forward-Looking and Cautionary Statements

All statements contained herein that are not statements of historical fact,
including statements that use the words “believe,” “designed to” or other
similar words or expressions, that describe Semtech Corporation’s or its
management’s future plans, objectives or goals are “forward-looking
statements” and are made pursuant to the Safe-Harbor provisions of the Private
Securities Litigation Reform Act of 1995, as amended. Such forward-looking
statements involve known and unknown risks, uncertainties and other factors
that could cause the actual results of Semtech Corporation to be materially
different from the historical results and/or from any future results or
outcomes expressed or implied by such forward-looking statements. Such factors
are further addressed in Semtech Corporation’s annual and quarterly reports,
and in other documents or reports, filed with the Securities and Exchange
Commission (www.sec.gov) including, without limitation, information under the
captions “Management’s Discussion and Analysis of Financial Condition and
Results of Operations” and “Risk Factors.” Semtech Corporation assumes no
obligation to update any forward-looking statements in order to reflect events
or circumstances that may arise after the date of this release, except as
required by law.

Semtech, the Semtech logo and LoRa are registered trademarks or service marks
of Semtech Corporation or its affiliates.

SMTC-P

View source version on businesswire.com:
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Contact:

Linh Dinh
Semtech Corporation
(805) 250-1263
[email protected]

Reference published

https://www.semtech.com/company/press/cloud-energy-deploys-network-using-lorawan-for-wireless-solar-power-system-enabling-effective-energy-monitoring

https://www.bloomberg.com/press-releases/2021-09-09/cloud-energy-deploys-network-using-lorawan-for-wireless-solar-power-system-enabling-effective-energy-monitoring

https://www.wsj.com/articles/cloud-energy-deploys-network-using-lorawan-r-for-wireless-solar-power-system-enabling-effective-energy-monitoring-01631189225