R8 Technologies, a growing European tech company, closes the 2023 investment round by partnering with Panasonic Corporation, Encevo, and Møller Eiendom.
Tallinn, Estonia – R8 Technologies OÜ today announced that it has closed the 2023 investment round, welcoming technology leader the Panasonic Corporation, sustainable energy leader Encevo, and environmentally conscious real […]
R8 Technologies Tests Solution That Could Secure the Baltic Region Against High Energy Prices
R8tech, a technology company specializing in AI-based solutions, launched a pilot project called the "virtual power plant" in 2022. The project continuously analyzes energy consumption and is capable of reducing consumption by up to a few percentage points in a whole power grid, preventing energy prices from reaching their peak and protecting consumers from excessive energy costs.
How Artificial Intelligence Saves Tens of Thousands of Euros on Building Management
Real estate company Kapitel embarked on an ambitious collaboration at the beginning of 2023 when they joined forces with the unique company R8 Technologies.
R8tech joined the Tech Partner Program of RICS*
Membership of the RICS Tech Partner Programme will help raise awareness of R8 Jenny, based on artificial intelligence (AI), and support our expansion to more overseas markets, and in doing so, help achieve global ESG goals for the built environment sector.
TalTech professor Eduard Petlenkov: The greenest is the energy that doesn’t need to be produced
TalTech's energy manager Janar Küla, professor Eduard Petlenkov and Siim Täkker, and one of the founders of R8 Technologies discuss how the innovative product was created and how it helps solve global problems.
Artificial intelligence takes over the management of Ülemiste City
Starting from spring 2022, the buildings of Ülemiste City are managed by artificial intelligence with the aim of effective use of energy resources and the best indoor climate in the buildings. The solution was developed by the Estonian technology company R8 Technologies, which is applying artificial intelligence on the largest territory for the first time.
R8 Jenny has helped to reduce Latvian “Origo” shopping center’s energy bills by 20% and CO2 emissions by 288 tons
Last year, shopping center “Origo” saved almost 150,000 euros in energy consumption – a significant cost reduction was achieved thanks to our smart energy saving solution R8 Jenny.
Norwegian commercial real estate company Møller Eiendom started using R8tech Jenny!
We are glad to share the fact that Møller Eiendom, the Norwegian commercial real estate company, has expanded its use of R8tech Jenny to 10 additional buildings in Norway.
Ülemiste City starts using R8 Jenny in all its office buildings!
Pursuant to the agreement signed between Mainor Ülemiste AS, the developer of Ülemiste City, the largest business campus in the Baltic States, and the technology company R8 Technologies, artificial intelligence-based energy management will be introduced in all commercial buildings managed by Mainor Ülemiste, resulting in significant energy savings in a total of nearly 78,000 square metres of office space.
Why is a virtual power plant needed and how does it work?
The official launch of the R8 Virtual Power Plant (R8 VPP) and Demand Response service for customers was made at the end of 2022. This followed the successful implementation of the service in Estonian market in spring 2022. Our customers earned additional significant revenue while their buildings helped balance the electricity grid.
R8 Technologies started cooperation with Capital Mill
The expansion of the cooperation between Capital Mill, the leading real estate developer in the Baltic States, and R8 Technologies, a technology company, enables the management of various objects in Estonia, Latvia, and Lithuania at a new green level with the help of artificial intelligence-based energy management, bringing with it significant energy savings.