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 [...]

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 [...]

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,” [...]

Tennessee Valley Authority selects Smart Synch for Smart Metering

According to the press release, “SmartSynch, Inc., a smart grid infrastructure company utilizing standard IP communications via public wireless networks, has been selected by the Tennessee Valley Authority (TVA) as the smart metering solution provider for Generation Partners℠, a distributed renewable generation program offered by participating local power companies that distribute TVA power. TVA is [...]

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 [...]

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

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 [...]

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, [...]

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 [...]

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, [...]

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 [...]