REDWOOD CITY, Calif. & SÃO PAULO--(BUSINESS WIRE)--Silver Spring Networks (NYSE:SSNI) and CPFL Energia, Brazil’s largest private electricity group, today announced an extension of their smart grid program, with the addition of a grid reliability and Distribution Automation program for cities in the interior of the state of São Paulo. The expansion of CPFL’s smart grid program leverages the existing investment in Silver Spring’s mesh networking platform and is built upon the successful Phase 1 Advanced Metering Infrastructure deployed for ‘Grupo A’ customers, the large-scale commercial and industrial (C&I) customers across CPFL Group’s eight distribution companies.
“Having a high performance network is critical to achieve grid reliability, and Silver Spring’s multi-application networking platform has demonstrated the quality and availability that we need for the operation of our distribution systems,” said Paulo Bombassaro, Engineering Director, CPFL Energia. “Normally, achieving this high level of quality, reliability and performance would be prohibitively expensive. But by leveraging a multi-application networking platform, CPFL is actually reducing costs while improving quality and unlocking more benefits for our consumers.”
“By adding the Distribution Automation technology, CPFL is leading the Brazilian energy sector with a multi-application smart grid program, benefitting both C&I and residential customers through improved grid reliability and enhancing overall back-office network operations and efficiency,” said Gadner Vieira, VP of Sales, Silver Spring Networks Brazil. “Silver Spring’s IPv6 network will help CPFL achieve long-term success by enabling the option to add additional applications to improve its services in the future. This DA program expansion is an example of this in action.”
The new Silver Spring and CPFL Distribution Automation program will leverage Silver Spring’s multi-application network to help enable better grid reliability for nearly 4 million people in over fifty cities across CPFL’s service territory in the state of São Paulo (including Bauru, Campinas, Jundiaí, Ribeirão Preto, Santos, São José do Rio Preto, and Sorocaba, among others). Under this project, more than 600 reclosers on the distribution network, supervised and controlled in real time by CPFL's Operations Center through Silver Spring's platform, will use the mesh network technology, allowing energy flow redirection to avoid service outages and accelerate system restoration.
This solution replaces the data-communication-through-cellular network and ensures the required reliability and communication performance for critical applications, allowing faster responses and reduced power outages in case of faults, resulting in better service quality as well as reducing operating and maintenance costs. The wide geographic area of the service territory involved makes this program one of the largest Distribution Automation initiatives in South America.
Silver Spring's IPv6 network technology allows distributors of all sizes to implement a wide range of smart grid applications using a common platform, throughout their coverage area. Silver Spring has pioneered the adoption of IPv6 technology, ensuring technology interoperability to help deliver higher quality, lower costs and fewer risks for consumers. The Silver Spring Smart Grid Platform can operate a wide range of products and technologies from a number of global partners, including Cooper, Eletra, Elster, Itron, Landis+Gyr, Nansen, and others in Brazil.
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About Silver Spring Networks
Silver Spring Networks is a leading networking platform and solutions provider for smart energy networks. Silver Spring’s pioneering IPv6 networking platform, with over 20.5 million Silver Spring enabled devices delivered, is connecting utilities to homes and business throughout the world with the goal of achieving greater energy efficiency for the planet. Silver Spring’s innovative solutions enable utilities to gain operational efficiencies, improve grid reliability, and empower consumers to monitor and manage energy consumption. Silver Spring Networks customers include major utilities around the globe such as Baltimore Gas & Electric, Citi Power & Powercor, Commonwealth Edison, CPFL Energia, CPS Energy, Florida Power & Light, Jemena Electricity Networks Limited, Pacific Gas & Electric, Pepco Holdings, Progress Energy and Singapore Power, among others. To learn more, please visit www.silverspringnet.com.
About CPFL Energia
CPFL Energia, has been operating in the electricity sector for 102 years, in the segments of distribution, generation, commercialization, services and telecommunications. It is a leader in the distribution market with 13% participation, a total of more than 7.5 million customers in the states of São Paulo, Rio Grande do Sul, Minas Gerais and Paraná. In commercialization, it is a leader in the free market, with 14% market share in sales to final consumers among energy trading companies. It is a leader in the commercialization of special energy to free customers. In generation, it is the second largest private operator in the country with a portfolio based on clean, renewable sources. CPFL Geração has 2,248 MW of capacity installed, considering their equivalent share in each of the generation assets. In 2011, it created CPFL Renováveis, with assets such as small hydro power plants, wind farms, biomass power plants and solar power plant Tanquinho, a pioneer in the state of São Paulo, and one of the largest in Brazil. Adding the equivalent stake in CPFL Renováveis, the total installed capacity of CPFL Group reached 3,127 MW at the end of the first quarter of 2015. The group also occupies a prominent position in art and culture, among the 15 largest Brazilian investors.
CPFL Energia has shares listed on the New Market of BM & Fbovespa and Level III ADRs on the NYSE, as well as participating in the Dow Jones Sustainability Index Emerging Markets and Morgan Stanley Capital International Global Sustainability Index (MSCI). For the 10th consecutive year, the company's shares are part of the Corporate Sustainability Index (ISE) of BM & FBovespa.
This press release contains forward-looking statements about Silver Spring Networks’ expectations, plans, intentions, and strategies, including, but not limited to statements regarding the scope and benefits of Silver Spring Networks’ engagement with CPFL Energia. Statements including words such as "anticipate", "believe", "estimate", "expect" or “future” and statements in the future tense are forward-looking statements. These forward-looking statements involve risks and uncertainties, as well as assumptions, which, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties include the successful implementation and deployment of the engagement with CPFL, as well as those described in Silver Spring Networks' documents filed with or furnished to the Securities and Exchange Commission. All forward-looking statements in this press release are based on information available to Silver Spring Networks as of the date hereof. Silver Spring Networks assumes no obligation to update these forward-looking statements.