Zurich-based ABB Group, known for its expertise in electrification and automation, has announced its acquisition of Sensorfact, a Utrecht-based energy management company. The deal, expected to close in the first quarter of 2025, aims to enhance...
Caruna, Finland’s largest electricity distribution system operator (DSO), has embarked on a €100 million-plus modernization project in partnership with Aidon Oy, part of the Gridspertise group. This agreement involves the delivery and deployment...
TTTech and VERBUND have partnered to create TTTech ZYNE, a joint venture that combines VERBUND’s expertise in renewable energy and energy market integration with TTTech’s experience in industrial automation and safety-critical systems....
Great River Energy, a cooperative serving 1.7 million people in Minnesota and Wisconsin, has announced a partnership with Prisma Photonics to deploy cutting-edge grid monitoring technology. This collaboration aims to enhance the resilience of...
Pacific Gas & Electric (PG&E) has entered a five-year partnership with Sharper Shape to implement the CORE (Cloud Optimized Remote Evaluation) software for utility asset management. This collaboration aims to enhance the resilience of...
Gridware, a company specializing in power grid monitoring, has raised $26.4 million in Series A funding led by Sequoia Capital. The funding will support the production of its Gridscope devices and expand its monitoring platform, which provides...
SEALSQ has secured a multi-year, multi-million-dollar agreement to supply its VaultIC 408 secure microcontroller for millions of smart meters in the United Kingdom’s Smart Metering Implementation Programme (SMIP). The project aims to install...
Belgian-American startup NOX Energy has announced the successful close of a $1 million seed funding round. The investment, led by Volve Capital with participation from Seeder and angel investors, will support the company’s mission to connect...
A2A has finalized the acquisition of a 90% stake in Duereti from Enel’s E-distribuzione, significantly expanding its electricity distribution footprint in Milan and Brescia. This move boosts A2A’s managed electricity meters by 70% and adds...
Iberdrola, a global energy utility based in Spain, has completed the acquisition of the remaining 18.4% of shares in its U.S. subsidiary, Avangrid, further strengthening its position in the North American energy market. Avangrid shareholders will...
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