Ontario Municipality Picks Kontrol Technologies for Net Zero Emissions

Power of Analytics
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Kontrol Technologies Corp., an enabler in smart buildings and cities through IoT, Cloud and SaaS technology, has been selected by a Municipality (the “Customer”) to deliver a Net Zero Emission and Climate Action plan. Kontrol won the new Customer through a competitive bid process.

“This is an important win for Kontrol as we continue to scale our net zero emission solutions,” says Paul Ghezzi, CEO of Kontrol Technologies. “This is a new opportunity which establishes Kontrol as a solution provider for municipalities which we believe is a growing market. To win a competitive bid against established industry participants is a credit to the quality of our team and solutions.”

The Customer is a Municipality with hundreds of buildings under management and has a goal of advancing their target of net zero emissions by 2030. For industry competitive purposes the Customer will not be named.

ESG and Kontrol Carbon

Through its operating subsidiaries Kontrol has developed the Kontrol Carbon platform which includes initial design, feasibility, implementation, and potential carbon credit monetization.

“Kontrol is well positioned to continue to grow our Kontrol Carbon platform and we look forward to executing on this new opportunity as well as establishing the Company as a leading ESG solutions and technology provider,” continues Paul Ghezzi.

According to the IEA, “To reach net zero emissions by 2050, annual clean energy investment worldwide will need to more than triple by 2030 to around $4 trillion.”.

Kontrol Technologies Corp., a Canadian public company, is an enabler in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides solutions and services to its customers to improve energy management, monitor continuous emissions and accelerate the sustainability of all buildings.

 


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