Qamcom invests in African green tech company PowerOptimal

– to reduce the use of coal-fired power and cost
June 14, 2022

To read the article in Swedish please click here.

Today, South Africa is the largest coal burner in Africa, and fifth in the world. One contributor to the problem is that almost all hot water in South African homes is produced using grid electricity – 87% of which is produced by coal-fired power stations. This is both expensive and bad for the environment. For this reason, PowerOptimal developed “Elon Smart Water” – a green IoT solution that transforms coal-fired electric geysers into smart, solar PV-ready green appliances. The solution aligns perfectly with Qamcom Group’s ambition to invest in advanced technology that enables positive impact.

Qamcom will primarily contribute with competence within Industrial IoT and AI systems to advance the progress of