Joule Energy, SandtonNuriFlex, Seoul
Joule Energy+ NuriFlex
NuriFlex engineered the platform and delivered 6.2 million units across 22 countries, including KEPCO’s nationwide rollout. Joule Energy is the exclusive partner that supplies, installs and supports that stack in Africa.
Two companies. One African contract.
For three decades NuriFlex has built advanced metering and energy IoT from Seoul — smart meters through meter-data management, loss detection, transformer monitoring and virtual power plants. The company is listed on KOSDAQ. It holds more than 90 percent of South Korea's AMI market through KEPCO, the national utility, and it has shipped 6.2 million units to 22 countries.
A municipality contracts with Joule Energy. The stack on that contract is NuriFlex’s.
| Facet | NuriFlex | Joule Energy |
|---|---|---|
| Where | Seoul | Sandton |
| Job | Engineers the AMI and Energy IoT platform | Supplies, installs and supports it in Africa |
| Record | 6.2 million units in 22 countries, including KEPCO | Exclusive authorised partner. Level 1 B-BBEE |
| Contract | Owns the meters, head-end and software | One South African agreement from supply through support |
NuriFlex programmes
Delivered by NuriFlex. The technology record behind the African mandate.
4.1M+
KEPCO, South Korea — the world's first nationwide AMI rollout
911k+
SORIA, Norway — 29 distribution system operators
715k
ECG, Ghana — local SKD factory operational
What a municipality contracts
Supply, installation, commissioning, billing integration and maintenance sit in one South African agreement. The meters, head-end and software remain NuriFlex’s.
Programme delivery
Feasibility, procurement support, installation, commissioning and cutover — one contract with Joule as prime.
Revenue & loss management
AMI remote reading and prepayment, plus AI-driven ELMS for theft, tampering and technical loss detection.
After-sales & lifecycle
Maintenance, spares, firmware and field support — not a fly-in deployment that disappears after handover.
Industrialisation
SKD smart meter factory investment aligned with Ghana's ECG reference model — jobs, skills transfer and local content.
Joule Energy + NuriFlex = world-class smart metering technology, delivered and supported locally.
The platforms
Engineered by NuriFlex. Offered in Africa through Joule Energy.
- AMIAdvanced Metering InfrastructureSmart electricity and water metering, remote reading, prepayment and cloud data management.
- TMSTransformer Monitoring SystemReal-time voltage, current, load and temperature monitoring that prevents transformer failures.
- ELMSEnergy Loss ManagementAI-powered detection of technical and non-technical losses — theft, tampering and line faults.
- xEMSEnergy Management SystemCentralised monitoring and control of energy consumption across buildings, industry and city grids.
- VPPVirtual Power Plant & MicrogridSolar, storage, wind, hydro and EV charging integrated as distributed energy resources.
- IoTSmart City / Industry IoTConnected infrastructure for urban and industrial environments, enabling intelligent operations.
NuriFlex, from 1992
1992
NuriFlex (then Nuri Telecom) founded in Seoul, South Korea.
2000
Listed on KOSDAQ (South Korean Stock Exchange).
2008
$10 Million Export Award; first nationwide AMI project in the world (KEPCO).
2015
SORIA Norway AMI project: orders from 29 power companies; $20M Export Award.
2017
Naju Manufacturing Center completed for high-volume production.
2018
$30M Export Award; World Class 300 Company; KEPCO Energy Valley Star Company.
2019
Inducted into the Venture $100 Million Club.
2021
Company renamed NuriFlex; 1.5M+ unit residential smart electricity platform in South Korea.
2023
Microgrid contracts awarded for Mozambique and Morocco.
2024
New CEO Mr. Jeonghoon Han inaugurated; Papua New Guinea AMI deployment.
Where NuriFlex has deployed
NuriFlex’s deployments. Joule is the African partner, not the contractor on these rows.
Deployments
South Korea
2000–ongoing
KEPCO
4,106,883+
Norway
2015–ongoing
SORIA (29 DSOs)
911,029+
Ghana
2013–ongoing
ECG
715,774
Sweden
2007
Göteborg Energi
306,450
Vietnam
2017
EVNHCMC
95,300
Ethiopia
2020–ongoing
EEU
50,000
Papua New Guinea
2024–ongoing
PPL
10,109
Country
Client
Units
Period
South Korea
KEPCO
4,106,883+
2000–ongoing
Norway
SORIA (29 DSOs)
911,029+
2015–ongoing
Ghana
ECG
715,774
2013–ongoing
Sweden
Göteborg Energi
306,450
2007
Vietnam
EVNHCMC
95,300
2017
Ethiopia
EEU
50,000
2020–ongoing
Papua New Guinea
PPL
10,109
2024–ongoing
NuriFlex clients
NuriFlex clients. Joule Energy is listed for South Africa as the exclusive partner.
Asia & Pacific
KEPCO · South Korea
EVNHCMC · Vietnam
PPL · Papua New Guinea
PEA · Thailand
TNB · Malaysia
MERALCO · Philippines
Europe
SORIA (29 DSOs) · Norway
Göteborg Energi · Sweden
Selected DSOs · United Kingdom
Regional utilities · Spain
Pilot projects · Italy
Smart grid pilots · Germany
Africa
ECG · Ghana
EEU · Ethiopia
EDM · Mozambique
ONEE · Morocco
Joule Energy (exclusive partner) · South Africa
Pilot · Egypt
Americas & Middle East
CFE · Mexico
UTE · Uruguay
CNEL · Ecuador
EEHC · Iraq
SEC · Saudi Arabia
Pilot · UAE
A South African factory, still a pathway
The operating SKD factory is NuriFlex's, built for the ECG deployment in Ghana: about 1,500 smart meters a day and on the order of 100 direct jobs. Joule has not delivered that factory. Joule's South African role is to pursue the same model with municipalities and government — local assembly, skills transfer and an indicative eight to twelve months from commitment. It is a proposal, not a completed Joule project.