Recently, Varentec received US$ 7.7 million from investors led by Khosla Ventures. Varentec is a Menlo Park based startup working on the concept of utilities giving digital control over power grids. In October 2011, Varentec received US$ 5 million from an ARPA-E Grant for the GENI program, together with a group of partners that include [...]
Tag Archives: Smart Grid
Smart Meter Hysteria
Consumer foes of smart meters are not letting up. In 2011, California’s Pacific, Gas & Electric (PG&E) has been the focus of smart meter installation protests. Some consumers fear that electromagnetic radiation from the radios inside wirelessly networked smart meters could cause harm in humans. Some studies have shown that EMF coming from the latest [...]
Siemens to Acquire eMeter to Enhance Smart Grid Offering
The press release states, “Siemens Industry, Inc. announced today that it has signed an agreement to acquire all of the stock of eMeter Corporation, headquartered in San Mateo, California (“eMeter”). The parties expect to close the deal in December 2011, subject to necessary approvals and customary closing conditions. The parties will not disclose the terms [...]
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EnerNOC Signs 300 Megawatt Demand Response Contract with PPL Electric Utilities Corporation
The press release states, “EnerNOC, Inc. (NASDAQ: ENOC), the leading provider of demand response applications and services, today announced that it has entered into a contract with PPL Electric Utilities Corporation, a subsidiary of PPL Corporation (NYSE: PPL), to provide 300 megawatts of demand response capacity. By drawing upon its DemandSMART™ network of commercial, institutional, [...]
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EnerNOC and Electricity North West Limited Sign Five-Year Demand Response Agreement
The press release states, “EnerNOC, Inc. (NASDAQ: ENOC), the leading provider of demand response applications and services, today announced that it will provide demand response capacity to Electricity North West Limited, a major distribution network operator that delivers power to 2.4 million domestic and industrial customers in the North West of England, including Greater Manchester [...]
Johnson Controls Announces Agreement to Acquire EnergyConnect
The press release states, “Johnson Controls (NYSE: JCI), the global leader in delivering products, services and solutions that increase energy efficiency in buildings, and EnergyConnect Group, Inc. (OTC Bulletin Board: ECNG), a leading provider of smart grid demand response services and technologies, today announced the signing of a merger agreement under which Johnson Controls would [...]
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OPOWER raises 50 mil from VCs
The press release states, “OPOWER, the leading energy efficiency and Smart Grid software company, today announced the closing of a $50 million strategic round of financing. The round was co-led by Accel Partners and Kleiner Perkins Caufield & Byers, with participation from New Enterprise Associates (NEA), OPOWER’s largest investor. The investment will support OPOWER’s rapid [...]
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Ice Energy Closes $24 Million in Series C Funding
According to the press release, “Ice Energy, a leading provider of smart grid-enabled distributed energy storage solutions to the electric utility industry, today announced it has completed a $24 million first closing of its Series C financing. The $24 million investment provides Ice Energy with working and growth capital to support its deployment of utility-scale [...]
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Siemens to Acquire Site Controls
According to the press release, “The Building Technologies Division of Siemens Industry, Inc. announced today it has signed an agreement to acquire Site Controls, LLC, the Austin, Texas-based provider of enterprise-wide energy management solutions for multi-site commercial businesses. Terms of the acquisition are not disclosed and closing is subject to U.S. antitrust review and approval. [...]
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Elster Group SE Files Registration Statement for IPO
According to the press release, “Elster Group SE, one of the world’s largest electricity, gas and water measurement and control providers with products and solutions widely used by utilities in the traditional and emerging Smart Grid markets, today announced that it has filed a registration statement with the U.S. Securities and Exchange Commission for a [...]
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Cisco Announces Intent to Acquire Arch Rock
According to the press release, “Cisco today announced its intent to acquire privately held Arch Rock Corporation, a pioneer in Internet Protocol-based wireless network technology for smart-grid applications. Based in San Francisco, Arch Rock will accelerate Cisco’s ability to facilitate the utility industry’s transition to an open and interoperable smart grid by enabling Cisco to [...]
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Cisco and Itron Join Forces to Deliver Next-Generation Smart Grid Platform
According to the press release, “Itron Inc. (NASDAQ: ITRI) and Cisco announced today a strategic alliance that will advance the transformation of the world’s energy infrastructure. Together, the two will deliver a definitive 21st century Internet Protocol (IP)-based communications platform to the smart grid market and help advance more consistent and reliable delivery of energy [...]
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Silver Spring Networks Announces Contract Extension with FPL
According to the press release, “Silver Spring Networks, a leading Smart Grid solutions provider, announced today a multi-year extension of its agreement to provide managed services to Florida Power & Light Company (FPL), the largest electric utility in Florida and one of the largest rate-regulated utilities in the United States. Under the terms of the [...]
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Trilliant Raises $106 Million of Capital
According to the press release, “Trilliant Incorporated, a leader in delivering Smart Grid solutions that enhance energy efficiency, utility operations, and renewable resource integration, today announced that it has closed financing totaling $106 million from a global syndicate of industry and financial leaders. The financing round was led by two highly-respected financial investors, Investor Growth [...]
GE & Partners Announce $200 Million Global Commitment to Accelerate Power Grid Technology
According to the press release, ” GE (NYSE: GE) announced today a $200 million open innovation challenge that seeks breakthrough ideas to create a smarter, cleaner, more efficient electric grid, and accelerate the adoption of more efficient grid technologies. GE Chairman and CEO Jeff Immelt unveiled the challenge, the “GE ecomagination Challenge: Powering the Grid,” [...]
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Beacon Power Accelerating Production Plans to Build Nation’s First Full-Scale Flywheel Energy Storage Plant
According to their press release, “Beacon Power Corporation (Nasdaq: BCON), a leading provider of advanced products and services to support a more stable, reliable and efficient electricity grid, today announced that it plans to hire approximately 50 new employees this year at its Tyngsboro, Massachusetts, headquarters, as it ramps up production of its grid-scale flywheel [...]
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Top Ten Select Smart Grid Firms
Smart Grid is on the rise, especially with governments and corporations trying to be more efficient and cut down on costs and create jobs. 1. Silver Spring Networks 2. Itron 3. Echelon 4. Tendril 5. General Electric 6. eMeter 7. EnerNOC 8. Austin Energy 9. IBM 10. NKG Insulators
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Silver Spring Networks Announces $100 Million Financing
According to the Press Release, “Silver Spring Networks, a leading Smart Grid solutions provider, today announced the closing of a $100 million preferred equity round. The financing will be used for development of new smart grid applications, job growth and the continued expansion of Silver Spring’s global footprint. “We have a terrific opportunity to accelerate [...]
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Secretary Chu Announces $620 Million for Smart Grid Demonstration and Energy Storage Projects
According to the Press Release, “At an event in Columbus, Ohio this afternoon, Secretary Chu announced that the Department of Energy is awarding $620 million for projects around the country to demonstrate advanced Smart Grid technologies and integrated systems that will help build a smarter, more efficient, more resilient electrical grid. These 32 demonstration projects, [...]
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Landis+Gyr Completes US$100 million Shareholder Funding
According to the Press Release, “Landis+Gyr, the world largest electricity metering company, today announced the finalization of a US$100 million shareholder capital raising to fund the company’s rapid growth in smart metering. “Our existing shareholders’ active support of the company is a tribute to the global potential of smart metering and Landis+Gyr’s unique position to [...]
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Being Green Pays
The energy crisis in California between the years of 2000-2001 left many state citizens angered at their utility providers, and rightfully so. Thanks to the corporate greed of companies such as Enron, the entire economy of the state was affected in an adverse way. However, there were good things that came from these trying years, [...]
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Smart Grid System in Wailea (Hawaii)
As power developers are drawing plans for wind farms in unpredictable currents and goals of 70% clean energy must be met state wide by 2030, General Electric (GE) is planning to test its Smart Grid system in Wailea – a resort community on Maui. Currently the state of Hawaii generates 90% of power from fossil [...]
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Green Street Journal News Feed
- UAE hopes to lead renewable energy efforts
- Living Off-Grid is Only Way to Keep Power When Storms Such as Sandy Strike
- Elliptic Technologies to Exhibit Embedded Silicon Security Solutions Devoted to Content Protection and Networking Applications at RSA Conference 2013
- Get out of the House and Register to Win a LawnBott Robotic Mower
- Used Catalytic Converters Added for Sale at AutoProsUSA.com
Market Quotes
| NASDAQ | 3498.965 | ||
| S&P 500 | 1669.16 | ||
| Nasdaq Clean Edge | 183.014 | ||
| General Electric | 23.66 | ||
| Siemens Ag Americ | 104.83 | ||
| Suncor Energy In | 31.97 | ||
| First Solar, Inc. | 55.63 | ||
| Canadian Solar In | 8.40 | ||
| Trina Solar Limit | 7.18 | ||
| Suntech Power Hol | 1.28 | ||
| Intercontinentale | 173.49 | ||
| Nextera Energy, I | 80.49 | ||
| Pacific Gas & Ele | 47.36 | ||
| Procter & Gamble | 78.80 |
