Trek 2000 (SGX:5AB) announced that its wholly-owned subsidiary, Trek Technology (Singapore) Pte Ltd, has entered into an agreement with its Cambodian customer, Our HS Convenience Co Ltd, for the supply, installation and commissioning of a US$350,000 ($453,000) project at the customer's solar farm in Cambodia.
Under the agreement, Trek 2000 will deploy its proprietary AI Renewable Energy Solutions (AIRES) Eco-System, which comprises of artificial intelligence solutions that incorporate preventive and predictive features to enhance energy management efficiency.
Post commission of the system, Trek 2000 will also support solar generation performance monitoring and lifecycle management to enable operational optimisation.
“The development under this agreement integrates AIRES solutions, including dashboard, smart meter and data logger, into a unified platform for real-time monitoring, prediction and optimisation of power generation,” Trek 2000 describes.
“This deployment exemplifies our broader strategy of applying AI and data-driven capabilities to address evolving industry needs in the energy transition, while strengthening energy resilience across the region. Building on this momentum, the Group will further broaden the deployment of AIRES, advancing our continued investment in this segment as companies transition towards sustainable, intelligently managed clean energy,” says Wayne Tan, executive chairman and group president of Trek 2000.
As of 3.51pm, shares of Trek 2000 are trading 1 cent lower, or 3.92% down at 24.5 cents.
