Research & Innovation
Water & Chemicals
Pani Energy receives $2.8M from feds to deploy AI in industrial water treatment
September 30, 2020 By P&PC Staff
Sustainable Development Technology Canada (SDTC) has announced a $2.8 million investment in Pani Energy, which it says will accelerate the transition to more energy-efficient and cost-effective industrial water infrastructures.
Pani uses cloud-based artificial intelligence (AI) to optimize desalination, water and wastewater treatment plants worldwide to reduce power consumption, operating costs and improve overall efficiency.
“We estimate a global deployment of our technology would reduce greenhouse gas emissions by 200 megatons annually, roughly the equivalent of taking 43 million cars off the road,” says Devesh Bharadwaj, CEO of Pani Energy. “We are laser focused on making this happen.”
“This investment will help us grow our team and place us in an excellent position to expand internationally.”
Pani Energy provides a cloud-based machine learning software platform that improves the efficiency of industrial and city-scale desalination, water and wastewater treatment infrastructure.
Without requiring plant retrofit and working with existing instrumentation, Pani’s AI Operator Coach can be integrated within weeks to ingest plant data and provide proactive instructions to operators in real-time, which can optimize plant performance, reduce energy and chemical consumption, increase the lifetime of membranes and other assets, and improve plant uptime.
The AI Coach works with the operations team to reduce OPEX and increase entire plant performance in the range of three to 25 per cent.
The funding, announced on September 16, is part of a $24.8M total investment distributed across nine Canadian companies that each specialize in innovative clean technologies to facilitate Canada’s leadership in tackling climate change and fostering a low-carbon economy.
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