South Africa’s Plentify, an innovative home energy management company, has been awarded the EEP Africa Project of the Year 2024 in recognition of its innovative technology and impact in addressing Africa’s energy challenges.
Plentify is a smart energy company that makes affordable, reliable and clean electricity a reality for everyone by fusing advanced hardware, artificial intelligence and user-centric design.
The startup’s suite of products connects to home appliances, helping them draw energy at optimal times. This ensures that appliances deliver desired services, generate major savings on energy bills through efficiency gains, and maximise energy use during clean energy periods while minimising it during constrained times.
Disrupt Africa reported in July last year that Plentify had closed an oversubscribed funding round from top African and North American venture investors to fuel its growth in South Africa and commence its international expansion.
The EEP Africa Project of the Year award highlights Plentify’s pioneering approach to optimising energy demand to align with clean energy supply, through smart devices that improve energy reliability without compromising user comfort.
With catalytic early-stage funding from the Energy and Environment Partnership Trust Fund (EEP Africa), Plentify’s Project Smart Geyser demonstrated how intelligent geyser control can enable a more affordable, reliable, and clean energy system in South Africa.
“This recognition from EEP Africa affirms our belief that the fastest path to a cleaner, more reliable energy future is by rethinking how we use power at home. With the right technology, everyday appliances can become the backbone of a smarter, greener grid, not just in South Africa, but around the world,” said Jon Kornik, CEO and co-founder of Plentify.