Mitsubishi Electric Europe Selects Soracom to Connect Cloud-Enabled HVAC Systems [Yahoo! Finance]
MITSUBISHI ELEC UNSP/ADR (MIELY)
NASDAQ:AMEX Investor Relations:
mitsubishielectric.com/company/ir/index.html
Company Research
Source: Yahoo! Finance
that Mitsubishi Electric Europe B.V. has chosen Soracom to add cellular connectivity to MELCloud™, a next-generation, cloud-based remote management system for Mitsubishi Electric air conditioning, heating, and heat recovery/ventilation products. Demand for climate control systems that can maintain comfort while conserving energy is growing in Europe, driven both by recent increases in energy costs and by accelerating decarbonization efforts that go beyond the EU Emissions Trading System to include the introduction of a new Carbon Border Adjustment Mechanism (CBAM) and new approaches to carbon pricing. In particular, demand for heat pump water heating continues to grow rapidly, as users seek an effective and energy-efficient alternative to existing combustion boilers. MELCloud offers a wide range of new capabilities designed to help optimize the performance and efficiency of Mitsubishi Electric air conditioning, heating, and heat recovery/ventilation systems. The MELCloud interface
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