Itron, Teplocom partner to advane water and energy metering in Russia

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Itron, Teplocom partner to advane water and energy metering in Russia

Greentech Lead U.S: Itron has formed partnership with
Teplocom Holding, a provider of thermal energy metering and associated services
in Russia, to jointly develop and market metering solutions technologies in
Russia.

Taking into consideration the move of the Russian
metering market towards high-end water and thermal energy metering products and
systems, the two companies have decided to join forces in order to offer the
most comprehensive and suitable global solutions dedicated to water and energy
management.

As part of the agreement, Itron and Teplocom Holding will
jointly develop and market a thermal energy meter consisting of Teplocom’s
calculator and Itron’s ultrasonic flow meter. The companies will also customize
Itron’s meter data management solution according to Russian requirements and
adapt Teplocom’s products to Itron’s data collection, data management and data
utilization systems.

In addition, Itron’s products and solutions will be
distributed through Teplocom Holding’s affiliates, Trade House and Energy
Complex Integrator, in Russia.

“With a federal law aiming at increasing energy
efficiency, the Russian market is going through major technological changes
which require high-end and multi-energy solutions,” said Andrey Lipatov, CEO of
Teplocom Holding. “Combining Teplocom’s leadership position in the market with
Itron’s global expertise in advanced metering solutions made it a natural fit
to meet our country’s challenges.”

“We are very excited to bring our industry knowledge and
value in the energy saving programs and modernization of public services to
Russia,” said Mathias Martin, vice president business development for Itron
Water. “Itron and Teplocom will jointly leverage our respective strengths to
deliver best-in-class products, solutions and services to the water and energy
market in Russia.”

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