Risecomm Microelectronics (Shenzhen) Co., Ltd. was established to engage in the business of design and development of PLC ICs. Risecomm developed the first model of the first-generation PLC ICs "RISE3301".
Risecomm was selected by State Grid to participate in its first AMR pilot project in China undertaken in Heilongjiang Province. Risecomm embarked on the smart energy management business with the development and sales of PLC products for the streetlight control application.
Risecomm AMR products began to be commercially deployed in State Grid's AMR systems.
Risecomm commenced sales of PLC products in connection with photovoltaic power management for solar micro-inverters.
Risecomm was invited by State Grid to participate in the formulation and setting of PLC industry standards.
Risecomm became a "National High and New Technology Enterprise" and a "Shenzhen High and New Technology Enterprise". Risecomm launched the first building energy management pilot project by providing and installing our PLC air-conditioning energy management products.
Risecomm developed the second-generation PLC ICs adopting the OFDM modulation scheme. Risecomm received the National Key New Products award for the "RISE3501E" PLC ICs.
Risecomm became a qualified PLC technology company to directly participate in Southern Grid biddings for concentrators and collectors.
Risecomm began to take part in State Grid's pilot projects under the "Four-Meters-in-One" initiative. Risecomm commenced sales of AMR products to Southern Grid for its commercial deployment of AMR systems.