From Left: Paul Manning and Andrew Keane, Founders, NovoGrid
Acquiring NovoGrid strengthens SCADA International’s grid modelling and energy project design capabilities, streamlining the grid connection process for developers in the industry.
SCADA International expands its software offerings and digital services by acquiring NovoGrid Ltd., a provider of grid analytics based in Dublin, Ireland. NovoGrid is now the fourth company to join the SCADA International group, emphasising the continuation of the company’s impressive journey.
NovoGrid specialises in grid analytics technology, empowering developers, asset owners, and energy traders with insights into grid connection possibilities long before investments are made. The technology allows customers to shorten the time to market by providing actionable connection options. Now part of SCADA International, this expertise strengthens the group’s full suite of offerings across the entire lifecycle, beginning at the very early stages of energy project design.
The acquisition demonstrates SCADA International’s dedication to helping accelerate the energy transition. Today, grid integration and lengthy interconnection queues pose one of the biggest threats to electrification and decarbonisation of the energy system because the current power grid infrastructure is not built or dimensioned for the fast expansion of variable power generation and increase in power demand.
Particularly, this shift in the industry has been one of the reasons SCADA International has joined forces with NovoGrid Thomas Bagger, CEO at SCADA International said:
“Alongside the rapid development of renewables and increased rate of electrification, the demand for the highly specialized expertise that NovoGrid covers is increasing, too. NovoGrid is a front-runner in helping customers solve grid integration challenges by quickening the interconnection process and providing intelligent tools for better decision-making. We are very pleased to have the NovoGrid team on board, as we now can support our customers in solving their challenges along the full lifecycle of their assets – from the cradle to the grave, so to speak.”
NovoGrid co-founders Paul Manning and Andrew Keane are also thrilled about the new partnership. The company they jointly founded in 2014 developed proprietary grid analysis technologies based on years of research, leveraging highly sought-after power engineering expertise first-hand to tackle challenges from the rapid growth in renewable and electricity demand. NovoGrid’s product suite is based on years of research originating at University College Dublin. The GridScreen software platform simplifies complex results into actionable insights, offering a range of grid connection options or curtailment analysis for specific locations.
For Paul Manning, Founder NovoGrid, the timing is just right to bring this unique software and their teams’ specialised skill set to new markets and customers:
“For the past few years, we have closely tracked the industry’s shift toward renewables and electrification, and we are now at a tipping point where grid integration is the number one problem for most of our customers. With this increase in demand, it has been a natural step for us to expand our company, and we are more than happy to be doing so together with SCADA International.”
Andrew Keane, Founder NovoGrid agrees: “We are at a point where meeting grid requirements is essential in ensuring a secure and sustainable future energy supply. This puts added pressure on our customers. Bringing in more resources means we can be a stronger partner to help them scale the barrier. I am excited to begin this partnership with SCADA International and support our customers in many more areas than today.”
As a part of the acquisition, Paul and Andrew will continue in their current roles and contribute to the further development of SCADA International.