From October 22nd to 24th, 2024, Enlit Europe, the largest and most influential energy industry exhibition and conference in Europe, was held in Milan, Italy. Neoway Technology made a strong return to Enlit Europe 2024, presenting its globally leading, reliable IoT products and solutions to industry clients worldwide.

Neoway has held the top market share in China’s electric power IoT sector for 15 consecutive years, with over 70 million IoT modules in operation across the global energy industry and a stable online rate exceeding 99.6%. In overseas markets, Neoway has led India’s electric power IoT market for several years and has more than 10 million IoT modules running in the EMEA region, driving the global transformation and upgrade of smart energy.

At this year’s Enlit Europe, Neoway showcased a wide range of IoT modules, including 5G, 5G RedCap, LTE Cat.4, LTE Cat.1, public-private integrated electric power modules, and electric power Bluetooth solutions. These are designed for applications in water, gas, and electricity metering, power gateways, mobile inspections, HD video monitoring, electric vehicle charging (EVC), photovoltaics, and energy storage, supporting the digital and intelligent development of the energy industry. Neoway’s rich and reliable product portfolio meets the diverse needs of global customers and has been applied at scale in China, India, Europe, Southeast Asia, and the Middle East, in collaboration with leading meter manufacturers worldwide. At Enlit Europe, Neoway also demonstrated its "IoT module + Neopipe Cloud" product combination, further enhancing the stability and operational efficiency of smart grid communication.

Leading 5G and 5G RedCap Applications to Foster Smart Energy Development

With the rapid growth of the digital economy, there is a growing demand for 5G RedCap in the industry. According to Counterpoint Research, 5G RedCap modules are expected to account for 18% of the total shipments of cellular modules by 2030. As 5G RedCap technology matures, its application scenarios are expanding, ushering in a period of rapid growth.

To accelerate the development of smart and clean energy systems, Neoway has developed the 5G RedCap N520 module, which supports high-speed data transmission and low-latency communication. With its low cost, low power consumption, and high reliability, the N520 module can be applied to various business scenarios such as power control, data collection, and inspections. Alongside Neoway’s 5G modules, this solution enables digital transformation and the upgrade of power distribution, transmission, and consumption systems, helping to drive the widespread adoption and application of 5G in the electric power industry.

Reliable and Comprehensive IoT Products to Support Smart Energy Transformation

Neoway boasts strong technical expertise and extensive experience in the global electric power IoT field, with numerous IoT modules widely applied in customer terminals worldwide. Neoway’s LTE Cat.4 public-private integrated electric power modules N717 and N729 are suited for China’s national power grid as well as Europe’s unique 450M/750M private power networks. These modules offer users long-distance, stable, reliable, and secure data transmission in power information collection and distribution network automation systems. The newly launched LB02-01 electric power Bluetooth module eliminates the complexities of traditional wired connections and can be quickly integrated with various electric power terminal devices, simplifying installation and maintenance. It supports near-field communication, local configuration, data collection, load control, equipment upgrades, and operations management, contributing to a more efficient, reliable, and greener smart grid.

As eSIM technology continues to mature, it offers predictive maintenance, improved equipment uptime, and reduced maintenance costs—all essential for the electric power IoT industry. Neoway’s LTE Cat.1 module N58 and Cat.M/NB-IoT/EGPRS tri-mode module N27 have successfully integrated eSIM technology. The N58/N27 + eSIM solution can be applied to smart grid, distributed renewable energy grids, wind turbines, oil drilling platforms, and solar panels, enabling remote asset monitoring, secure device authentication, and management in smart energy applications.

Neoway’s "IoT Module + Neopipe Cloud": Stable Communication and Efficient Operations

In recent years, China’s smart grid construction has reached advanced international levels, gradually leading the global trend toward intelligent power systems. As new power systems expand, stable and reliable communication quality has become a key factor. Neoway’s proprietary IoT wireless communication quality monitoring, fault diagnosis, and intelligent operations management platform, Pipeline Cloud, combined with Neoway modules, improves terminal online rates and communication quality in power collection networks and metering scenarios. This enables real-time performance monitoring, rapid fault diagnosis, and cost-efficient operations, offering a comprehensive solution for the stable and reliable operation of smart grids.

As the global energy structure transforms, Neoway will continue to lead the industry through technological innovation, providing high-reliability products and services to accelerate the development of smart energy, fostering a more efficient, reliable, and sustainable future.