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Cyan signs MOU with Ecolibrium Energy

Cyan Technology Ltd., an integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, today announced that it has signed a Memorandum of Understanding with Ecolibrium Energy Private Limited (“Ecolibrium”) to enter into a partnership to develop, market and deploy integrated smart metering solutions in India.

Ecolibrium and Cyan, as a consortium, will tender for a number of smart metering projects in India. The consortium’s solution will provide seamless integration between Cyan’s sub GHz wireless communication platform, delivering last mile connectivity, and Ecolibrium’s smart grid platform, GridSense. This will enable utilities to track all existing meters in the network and monitor their usage, allowing timely and accurate billing for customers and leading to improved revenue assurance for electricity distributors.