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PHOENIX CONTACT Innovation Ventures

WindESCo aims to fill a big gap in the growing wind industry by providing an OEM-independent optimization platform using advanced sensors, cloud-based analytics, and business model innovation. By using proprietary AI-algorithms and IoT-technology, WindESCo turn turbines into sensors, maximizing the energy output, minimizing component damage and extending the lifetime of each wind turbine.

Foundation: 2014
Portfolio company since: 2016
Sector: IoT Analytics

“The strategic relationship with PHOENIX CONTACT, both as an investor and preferred hardware provider, will allow WindESCo to provide reliable and effective solutions in the market”
Mohit Dua, Founder and CEO of WindESCo Inc.

“Both Phoenix Contact and WindESCo understand the many challenges of the wind industry: harsh environmental conditions, remote locations, and long investment life cycles. PHOENIX CONTACT provides automation infrastructure solutions that help WindESCo deploy OEM independent wind energy optimization platforms. These solutions utilize advanced sensing, cloud based analytics and business model innovation that provide unparalleled return on investment realization for Wind Energy asset owners worldwide.”

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