From News Desk
Gravity, an enterprise carbon accounting and energy management platform, has announced the launch of its Energy Management Marketplace. As energy costs rise, the marketplace connects Gravity’s customers with a wide range of actionable energy projects to help lower both their operating costs and carbon footprints. To date, Gravity has generated $16 million in lifetime savings for its customers through marketplace projects deployed in collaboration with trusted implementation partners.
“Businesses lose USD 2 trillion every year to inefficient energy use. Beyond the climate consequences, this is wasteful spend that can be reinvested in other parts of the business to improve bottom lines,” said Saleh El Hattab, Co-Founder and CEO, Gravity. “Organisations are already collecting that data for corporate disclosure, often through painstaking manual methods. The Gravity platform automates energy and cost tracking across an organization’s operations and goes beyond just reporting. We identify cost-saving measures and then finance and facilitate their execution.”
Gravity automatically tracks energy consumption and costs through AI-powered scanning of utility bills, fuel invoices, and other documents, as well as direct integrations with over 9,000 utility and telematics providers. Unlike other platforms that stop at monitoring, Gravity turns this data into actionable insights and works with its customers to identify opportunities with the highest potential to reduce energy costs and emissions. Gravity quantifies the value of each opportunity upfront by prequalifying projects and generating indicative quotes. Then, Gravity’s in-house energy management team matches customers with a network of trusted vendors offering high-quality services at competitive prices. This streamlines both decision-making and implementation, giving Gravity customers access to fast and low-risk energy efficiency results, supported by partners who deliver.
Wisconsin Aluminum Foundry, an aluminum castings manufacturer, completed an onsite energy assessment with Gravity and is pursuing projects projected to save over USD 150,000 annually at its Dee Manufacturing facility in Crookston, Minnesota. Current projects include equipment upgrades and compressed air system improvements, with additional opportunities for lighting and Heating, Ventilation and Air Conditioning (HVAC) optimisation identified through Gravity.
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