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Hive Power

What is Hive Power?

Hive Power is a Swiss company focused on innovative solutions for smart grids, emphasizing energy management and optimization. Originating as a spinoff from the University of Applied Sciences (SUPSI) in Switzerland, Hive Power is recognized for its expertise in smart grids, data science, and optimization. The company aims to foster a customer-centric energy future through principles of decarbonization, digitalization, decentralization, and democratization. The company offers an AI-driven platform called FLEXO, which optimizes energy flows for flexible assets connected to the grid. FLEXO serves various applications, including solar PV farms, energy communities, electric vehicle fleets, and battery storage systems. It features hardware independence, predictive algorithms for real-time asset management, and tools for optimizing electricity demand and generating new revenue streams. Hive Power also provides solutions for creating and managing local energy communities on the blockchain. The company has partnered with organizations like Azienda Elettrica di Massagno and has received recognition for its innovative projects, including awards from the Swiss Federal Office of Energy.

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