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Recording of Wednesday, June 19, 2024 | The smarter E Europe 2024 | Conference Program | Language: English | Duration: 13:49 .

Solnet CEO Kaj Kangasmäki Discusses Company's Growth, Digitalization in Energy Sector, and Future Technological Integrations Amid Market Volatility

Kaj Kangasmäki introduces himself as someone with extensive experience in IT and a strong belief in digitalization and data. He is the co-founder and CEO of Solnet, a company focused primarily on photovoltaic (PV) systems but increasingly venturing into battery storage solutions and related software. Solnet has completed around 1000 projects across Europe, working with high-profile clients such as IKEA, Lidl, and DHL. The energy market faces challenges like price volatility influenced by geopolitical factors. Legislation changes at both EU and regional levels add to these complexities. The industry needs stable rules that support innovation without destabilizing economic logic. Technological advancements are essential for grid balance and overcoming infrastructure bottlenecks. Leveraging existing infrastructure through optimization can provide significant opportunities. Digitalization, AI, economies of scale from increased production volumes, lower battery storage costs, ESG pressures from investors, policy requirements for greener solutions—all drive this transformation. An example project in Finland demonstrates using new technologies like AI-based solid manager software for PV utility management to make investments future-proof while balancing the grid efficiently. Integrating solar-battery setups with wind farms offers complementary energy profiles. Using modern technology maximizes benefits by utilizing existing connections faster than starting anew.

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Talk of session: Hybrid PV Power Plants II: Business Models for 24/7 Renewable Power Plant Supply

24/7 renewable power supply is a fairly new concept that ensures that the amount of green electricity companies require is met every hour of the day. 24/7 renewable power supply leads to increased transparency and trust in energy procurement, and it promotes the installation of new renewable power plants. Some world-leading IT companies have already opted for 24/7 green energy matching

This session will discuss:

• The concept of 24/7 renewable energy supply and energy matching
• 24/7 green power demand trends
• Real-time renewable 24/7 power production and consumption case studies
• The potential of 24/7 RES matching (executive panel discussion)

Further Talks of this session:

Welcome and Introduction

Speaker

Bruce Douglas
CEO
Global Renewables Alliance
Belgium

To Talk

Hydro-Solar Hybrid Power: The Alqueva Case for 24/7 Renewable Energy Supply

Speaker

Pedro Oliveira
Head of Innovation
EDP Produção
Portugal

To Talk

The Quality Control: Granular Tracking and Certificates Solutions

Speaker

Juan Pablo Cerda
CEO
Renewabl
United Kingdom

To Talk

The Sellers View: How the Electricity Industry Is Preparing for Renewables Round The Clock Supply

Speaker

Giovanni Scomparin
Advisor, Corporate Energy Sourcing
Eurelectric
Belgium

To Talk

The Buyers View: Pioneering 100% RE Supply At Time of Use

Speaker

Zivile Vens
Energy Markets Development Lead, EMEA
Google
United States of America

To Talk

Panel: Progress on Renewable Power Supply Round The Clock

To Talk