BPLC Latin America has agreed to distribute BPL Global's smart grid technology in Latin America. Right now, BPLC Latin America has numerous BPL projects under way, including with Cundinamarca that will target 250,000 households. Three other projects with leading Latin American utilities in Boyaca, Huila and Meta are bringing communications connectivity to people in Colombia and BPLC's expansion plans are expected to bring the same for Ecuador, Panama and Central America soon..
"We are delighted to work with BPLC Latin America, one of the most promising providers of BPL services in Latin America, to accelerate business development in the region. We partner with the most promising distributors worldwide as we remain committed to acting regionally to provide utilities with the best possible service," said Andres Wydler, executive vice president, Corporate Strategy and Development, BPL Global.
Through the use of smart grid technologies, utilities are able to reduce theft, a major regional challenge, and manage the power grid more effectively. The latter is especially critical during hot days when the power grid is overstressed by high demand, which can cause blackouts. BPL Global's software enables utilities to reduce commercial losses, efficiently manage demand, integrate distributed energy resources, improve service reliability and optimize cost and capital productivity.
"BPLC Latin America has a clear goal of increasing the connectivity in these countries in close cooperation with local governments to provide internet access and communications services to their people. At the same time, smart grid solutions from BPL Global increase the efficiency and reliability of energy delivery, helping electric utilities address the challenges of higher demand and rising capital and operating costs," said Geraldo Guimaraes, president of BPL Global for Latin America.