BluWave-ai

BluWave-ai is an Ottawa-based company founded in 2017 that specializes in artificial intelligence solutions for renewable energy and electric transportation. The company's core offering is a grid energy optimization platform that uses AI to balance cost, availability, and impact of multiple energy sources in real-time. This technology aims to resolve the intermittency challenges associated with renewable energy sources like wind and solar, enabling utilities, fleet operators, and electricity system operators to increase their reliance on renewables while reducing costs and greenhouse gas emissions.

BluWave-ai's flagship product for electric utilities, EV Everywhere, incorporates variables such as load prediction, renewable generation prediction, and EV charging demand prediction to send automated, load-balancing signals to grid hardware. The platform learns and optimizes its operations over time, adapting to system changes and regulating EV charging to match needs. The company has raised over USD 16 million in funding, including a USD 9.5 million Series A round led by PowerON Energy Solutions. The company's technology has been deployed in various markets, including Canada, India, and Dubai, with plans for expansion into residential EV charging solutions.

Key customers and partnerships

BluWave-ai has established partnerships with several notable organizations in the energy sector. Hydro Ottawa, a major Canadian utility, has collaborated with BluWave-ai on multiple projects, including the EV Everywhere initiative supported by the Independent Electricity System Operator (IESO) and the Ontario Energy Board (OEB). In India, BluWave-ai has partnered with Tata Power Delhi to assist with fleet electrification efforts, aiming to support the operation of 8,000 electric buses by 2025. The company also secured a contract with Mumbai-based Tata Power in 2021 for its power-grid product.

In December 2023, BluWave-ai announced a collaboration with Hydro Ottawa Limited and Moment Energy, a battery energy storage systems company, to bring intelligent distributed energy resource management system capabilities to the distribution grid. This partnership aims to support growing EV charging demands while minimizing infrastructure upgrade costs. BluWave-ai has also worked with PowerOn Energy Solutions, a subsidiary of Ontario Power Generation, to pursue contracts serving fleet charging systems, particularly focusing on truck and bus fleets.