On October 17th-18th, 2024, the 49th International Symposium on Electromagnetic Measurement Technology, Standards and Products was held in Shenzhen. As a key event integrating industry, academia, and research in the electric power sector, the exhibition offered a platform for discussing industry-leading technologies and showcasing new products and innovations across the entire supply chain. Neoway Technology presented its latest products and solutions, demonstrating its strong capabilities and innovation in the power IoT field.
Since the inception of China’s smart grid, Neoway has been at the forefront of electric power IoT development, providing reliable, leading-edge products and solutions. For 15 consecutive years, Neoway has maintained the top market share in China’s electric power IoT sector, with over 50 million IoT modules running on the national grid, boasting an online stability rate exceeding 99.6%. In overseas markets, Neoway has also held the top spot in India’s electric power IoT market for several years, with over 10 million IoT modules deployed across the EMEA region, driving smart upgrades in electric power IoT worldwide. Neoway’s "IoT module + Neopipe Cloud" product combination has earned widespread customer satisfaction by improving communication quality and helping reduce operational costs.
At this year’s exhibition, Neoway showcased a range of IoT products, including 5G, 5G RedCap, and 4G solutions. For the first time, it also introduced the LB02-01 electric power Bluetooth module. With its extensive, multi-platform IoT module offerings, Neoway continues to provide reliable connectivity for smart grid construction. By integrating its innovative Neopipe Cloud platform—designed for IoT wireless communication quality monitoring, diagnosis, and operations management—Neoway is enhancing the stability and reliability of smart grids, accelerating the development of new electric power systems.
Leading 5G and 5G RedCap Applications for Green, Low-Carbon Smart Grid Development
As the electric power industry accelerates its transition toward green, low-carbon, and intelligent operations, 5G RedCap technology is becoming a key force in the smart grid sector. Its high reliability, low latency, network slicing, and positioning features make it an ideal solution for the electric power industry’s needs for "source-grid-load-storage" coordination. Neoway’s domestically produced N520 5G RedCap module supports high-speed data transmission and low-latency communication, featuring a streamlined design that reduces both costs and power consumption. This enables a range of smart applications, including precise grid management and energy resource optimization, supporting distribution, transmission, and power consumption scenarios in the electric power industry.
Debut of Electric Power Bluetooth Module to Foster a More Convenient, Sustainable Smart Grid
With its forward-thinking industry insights and strong R&D capabilities, Neoway launched its first-ever electric power Bluetooth module, the LB02-01, at the exhibition. This module meets the "General Technical Specifications for Smart IoT Electric Meters", eliminating the complexities of traditional wired connections. It integrates seamlessly with various electric power terminal devices, simplifying installation and maintenance while supporting functions such as near-field communication, local configuration, data collection, load control, equipment upgrades, and operations management.
Key features of the LB02-01 electric power Bluetooth module:
Neoway’s LB02-01 electric power Bluetooth module will offer reliable connectivity to support the green development of smart grids, contributing to a more efficient, reliable, and sustainable power system.
Neoway remains committed to innovation and will continue to provide reliable technologies and products for smart grid construction, accelerating digital transformation in the industry and driving sustainable smart grid development.