Wasion secures three smart power meter contracts – Power Technology

Wasion secures three smart power meter contracts – Power Technology

Wasion Holdings Expands Smart Meter Contracts in Mexico and Tanzania Aligned with Sustainable Development Goals

Introduction

Wasion Holdings, a provider of energy savings solutions, has secured significant smart meter contracts in Mexico and Tanzania, reinforcing its international footprint and contributing to the achievement of several Sustainable Development Goals (SDGs), particularly SDG 7 (Affordable and Clean Energy), SDG 9 (Industry, Innovation, and Infrastructure), and SDG 13 (Climate Action).

Contract Awards and Strategic Expansion

  1. Mexico Smart Meter Contracts

    • The Federal Electricity Commission of Mexico (CFE), the state-owned entity serving approximately 50 million customers, awarded Wasion Mexico a smart meter tender contract valued at over 623.13 million pesos.
    • In March 2025, Wasion Mexico entered into an additional supply agreement with CFE worth more than 1.45 billion pesos.
    • Cumulatively, Wasion Group’s smart meter contracts with CFE have exceeded 2.08 billion pesos, highlighting a strong partnership that supports Mexico’s energy infrastructure modernization.
  2. Tanzania Smart Meter Tender

    • Wasion Group’s Tanzania-based subsidiary was awarded a smart meter tender by the Tanzania Electric Supply Company (Tanesco), valued at approximately TSh61 million.
    • Tanesco is the sole state-owned power company in Tanzania, serving around 15 million users, thus the contract supports increased energy access and efficiency in East Africa.

Commitment to Sustainable Development Goals

Wasion Holdings’ activities strongly align with key SDGs:

  • SDG 7 – Affordable and Clean Energy: By supplying advanced smart meters, Wasion facilitates efficient energy distribution and consumption monitoring, promoting access to reliable and sustainable energy.
  • SDG 9 – Industry, Innovation, and Infrastructure: The deployment of smart metering infrastructure enhances technological innovation and resilient energy systems in emerging markets.
  • SDG 13 – Climate Action: Energy efficiency solutions contribute to reducing greenhouse gas emissions and support climate change mitigation efforts.

Future Outlook and Regional Expansion

  • Wasion Holdings plans to leverage Tanzania as a business hub for East Africa, aiming to expand into Uganda, Kenya, Mozambique, and neighboring countries.
  • The Group intends to maintain steady orders for power meters across Africa while actively developing new projects, including energy storage solutions, further supporting sustainable energy goals.

Product Portfolio and Market Presence

  • Wasion’s offerings include advanced distribution operations, communication-enabled metering infrastructure, energy efficiency solutions, and smart distribution devices.
  • The company holds a significant market share in China and exports products globally to Asia, Africa, Europe, and the United States.
  • Clients span power grid companies, water, gas, and heat providers, as well as major industrial and commercial users, indicating broad applicability of Wasion’s sustainable technologies.

Conclusion

Wasion Holdings’ recent contract awards and strategic expansions demonstrate a strong commitment to advancing sustainable energy infrastructure in line with the United Nations Sustainable Development Goals. Through innovative smart metering and energy efficiency solutions, the company contributes to enhancing energy access, fostering industrial innovation, and addressing climate change challenges in emerging markets.

1. Sustainable Development Goals (SDGs) Addressed or Connected

  1. SDG 7: Affordable and Clean Energy
    • The article discusses smart meter contracts awarded to Wasion Holdings in Mexico and Tanzania, which contribute to improving energy efficiency and access to reliable energy services.
  2. SDG 9: Industry, Innovation and Infrastructure
    • Wasion Holdings’ deployment of advanced metering infrastructure and smart distribution solutions supports building resilient infrastructure and fostering innovation in the energy sector.
  3. SDG 11: Sustainable Cities and Communities
    • Smart meters and energy efficiency solutions contribute to making cities and human settlements more sustainable by optimizing energy consumption.
  4. SDG 13: Climate Action
    • Energy savings and efficiency solutions help reduce greenhouse gas emissions, supporting climate action efforts.

2. Specific Targets Under Those SDGs Identified

  1. SDG 7: Affordable and Clean Energy
    • Target 7.1: By 2030, ensure universal access to affordable, reliable and modern energy services.
    • Target 7.3: By 2030, double the global rate of improvement in energy efficiency.
  2. SDG 9: Industry, Innovation and Infrastructure
    • Target 9.4: By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes.
  3. SDG 11: Sustainable Cities and Communities
    • Target 11.6: By 2030, reduce the adverse per capita environmental impact of cities, including by paying special attention to air quality and municipal and other waste management.
  4. SDG 13: Climate Action
    • Target 13.2: Integrate climate change measures into national policies, strategies and planning.

3. Indicators Mentioned or Implied to Measure Progress

  1. Number of Customers Served by Smart Metering Solutions
    • The article mentions that CFE serves around 50 million customers and Tanesco serves around 15 million users, implying measurement of energy access and coverage through smart meters.
  2. Value and Volume of Smart Meter Contracts Awarded
    • The contract values (e.g., 623.13m pesos, 1.45bn pesos, TSh61m) indicate scale and investment in modern energy infrastructure, which can be an indicator of progress in upgrading infrastructure.
  3. Market Share and Geographic Reach of Smart Meter Products
    • Wasion’s market share in China and exports worldwide imply indicators related to technology dissemination and innovation adoption.
  4. Development of New Projects Including Energy Storage
    • Plans to develop energy storage projects suggest progress indicators related to innovation in clean energy technologies.

4. Table: SDGs, Targets and Indicators

SDGs Targets Indicators
SDG 7: Affordable and Clean Energy
  • 7.1: Universal access to affordable, reliable, modern energy services
  • 7.3: Double the rate of improvement in energy efficiency
  • Number of customers served by smart meters (e.g., 50 million by CFE, 15 million by Tanesco)
  • Value and volume of smart meter contracts awarded
SDG 9: Industry, Innovation and Infrastructure
  • 9.4: Upgrade infrastructure and retrofit industries for sustainability and clean technology adoption
  • Investment in smart metering infrastructure (contract values)
  • Market share and export reach of smart meter products
SDG 11: Sustainable Cities and Communities
  • 11.6: Reduce environmental impact of cities including energy consumption
  • Deployment of smart meters contributing to optimized energy use in urban areas
SDG 13: Climate Action
  • 13.2: Integrate climate change measures into policies and planning
  • Development of energy storage projects
  • Energy efficiency improvements through smart metering

Source: power-technology.com