Economy Minister has announced that
Belfast-based energy services company Joulen has secured its
first major export deal with a £4million contract in Germany.
The deal will see Joulen provide its AI platform, PARIS, to
SonneNext, a leading German energy company. This contract will
also lead to the creation of 13 new high quality jobs.
Making the announcement, the Minister said: “Joulen's success in
the German market highlights how companies from the north are
leading the way in the green economy, leveraging cutting-edge
digital solutions to drive international growth. The creation of
13 new jobs, supported by Invest NI, will further boost Joulen's
ability to expand its PARIS platform and meet the evolving needs
of its customers.
"During my recent visit to Germany, I saw first-hand the
significant opportunities available to local businesses in this
key market. My economic plans prioritise innovation,
sustainability, and the creation of high quality jobs, and this
announcement is an excellent example of how we can achieve these
goals.”
Joulen's PARIS platform leverages machine learning and data
analytics to optimise battery storage, offering customers smarter
ways to reduce energy costs and earn income from energy markets,
maximising the value of their renewable investments.
The company has ambitious plans to expand its product offering,
including developing new features to meet the evolving needs of
the global renewable energy market.
Chris Doherty, Managing Director at Joulen, said: “We are
thrilled to be partnering with SonneNext, a leader in the German
renewable energy market. This contract is not only a significant
commercial achievement for Joulen, but also shows how our
platform can enable new innovative energy services to customers
across Europe.
“Our PARIS platform is already making a huge impact in optimising
renewable energy, and we're excited to bring that expertise to
Germany through this new partnership. The new jobs we are
creating are open to people from across Northern Ireland due to
our hybrid working approach, and will further enhance our ability
to innovate and grow in the green energy sector.”
Steve Harper, Executive Director of International Business and
Skills at Invest NI, emphasised the role of Invest NI in
supporting Joulen's growth: “Invest NI has been proud to support
Joulen from its early stages, offering R&D support, technical
expertise, and helping the company expand its team in 2021. Our
latest support will now enable the creation of 13 new high-value
jobs.
“This successful contract win with SonneNext highlights the vital
role our in-market teams play globally, with our team in
Düsseldorf instrumental in offering support with market research,
due diligence, and navigating the complexities of the German
business landscape. This partnership represents a significant
milestone for Joulen and sets a strong foundation for its future
growth in international markets.”
