Business
Sparta Aligns with Legend Power(R) System's SmartGATE(TM) to Bring Commercial Property Customers a Robust Intelligent Platform to Reduce Energy Waste, Save Money, and Reduce Carbon Footprint
TORONTO, ON / ACCESSWIRE / May 4, 2023 / Sparta Group (TSXV:SAY)(OTC:SCAXF) (the "Corporation", ...
About this update from Legend Power Systems Inc.
[{"type":"text","content":"Sparta Aligns with Legend Power(R) System’s SmartGATE(TM) to Bring Commercial Property Customers a Robust Intelligent Platform to Reduce Energy Waste, Save Money, and Reduce Carbon FootprintTORONTO, ON / ACCESSWIRE / May 4, 2023 / Sparta Group (TSXV:SAY)(OTC:SCAXF) (the \"Corporation\", the \"Company\", \"Sparta Group\", \"Sparta Capital\", \"SAY.V\" or \"Sparta\") has inked a deal with Legend Power® Systems Inc., (TSX-V:LPS) (\"Legend Power\") that will give Sparta Group the ability to add SmartGATE™, a sophisticated active power management system to its suite of power quality optimization technologies.Sparta's Energy division has been largely focused on helping industrial clients reduce energy waste, and now this agreement with Legend Power® means Sparta can expand its energy optimization efforts to a wider market of commercial clients.SmartGATE™ uses a patented power regulation technology that extracts a percentage of electrical load, converts and analyzes it, rebuilds the electrical waveform, and then injects it back into a building's power system; thus, providing voltage regulation. This addresses core power attributes to optimize efficiency, reliability and reduce Greenhouse Gas emissions (\"GHG\"). Researchers at Massachusetts Institute of Technology (\"MIT\") estimate that on average, 30 percent of the energy used in commercial buildings is wasted. This creates a big opportunity for building managers to reduce operating costs and GHG.\"SmartGATE is ideal for our commercial customers because it can quickly and effectively identify, as well as fix underperformance in the electrical system. As with our industrial clients, Legend Power will be able to utilize the data gathered from our IoT based multi-point Power-Quality sensor system, then present it in Legend Power's standardized Power Impact Assessment™ report. This provides the customer with actionable hard data. We're fortunate to have access to Legend's Power Impact protocol and their SmartGATE™ platform to bring commercial building owners and operators the benefits of this powerful Canadian technology,\" said Dan Slade, Director of Sparta's Energy division.Canada alone has close to 500,000 commercial buildings, creating a large market for energy optimization tools like SmartGATE™.\"Sparta already understands the huge...