LAS VEGAS - Tuya Smart (NYSE: TUYA; HKEX: 2391), a global Internet of Things (IoT) service provider, has introduced its Home Energy Management System (HEMS) and Net Zero Solutions at the Consumer Electronics Show (CES) 2024, signaling its enhanced focus on smart energy solutions. The company's latest offerings are designed to optimize energy usage in households and various industries, aiming to contribute to global sustainability efforts.
The HEMS by Tuya is designed to manage and execute household energy consumption intelligently and in real-time. It allows homeowners to visually track and manage energy data, including electricity chain, storage, charging, and consumption. This system is reported to minimize energy waste and reduce usage costs, supporting Tuya's commitment to sustainable development. Tuya's collaboration with companies such as NIRCEE, Nahui New Energy Technology by Haier Group, and Hexing is expected to facilitate the expansion of these technologies into international markets like Europe and North America. In Singapore, Tuya's energy-saving kit has been implemented, achieving an average energy saving of 25% and up to 54% per month in some households.
In addition to HEMS, Tuya's Net Zero Solutions target broader applications, including office buildings, shopping malls, warehouses, and smart city projects. These solutions use AI and IoT to manage energy intelligently, with the potential to reduce energy consumption by 15% to 30%. Tuya's technology has already been applied in various sectors, showing significant energy savings, particularly in warehouse and logistics park operations and smart city constructions.
This news is based on a press release statement from Tuya Smart.
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