Smart City & Utility Industry News

New Project (Full-Scale)EnergySmart GridPrisma PhotonicsUSA

Great River Energy Partners with Prisma Photonics for Advanced Grid Monitoring in Minnesota

Jan 20, 2025

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...

PartnershipEnergyPacific Gas & Electric (PG&E)Sharper ShapeUSA

PG&E Adopts Sharper Shape’s AI-Powered CORE Software to Strengthen Grid Resilience

Jan 14, 2025

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...

FundingEnergySmart GridGridwareSequoia Capital

Gridware Raises $26.4 Million to Enhance Power Grid Monitoring

Jan 12, 2025

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...

New Project (Full-Scale)EnergySmart GridSEALSQUK

Smart Meters in the UK Get Security Upgrade

Jan 12, 2025

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...

FundingEnergyNOX Energy

Belgian-American Startup NOX Energy Secures $1M to Advance Green Energy Solutions

Jan 7, 2025

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...

Mergers and AcquisitionsEnergySmart GridA2AEnelItaly

A2A Expands Electricity Distribution with €1.2 Billion Acquisition from Enel

Jan 6, 2025

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...

Mergers and AcquisitionsEnergySmart GridIberdrolaAvangridUSA

Iberdrola Completes Full Acquisition of Avangrid Shares, Strengthens U.S. Presence

Jan 6, 2025

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...

New Project (Full-Scale)Smart GridEnergyItronXcel EnergyUSA

Xcel Energy Partners with Itron to Enhance Colorado’s Energy Grid

Dec 22, 2024

Electric utility and natural gas delivery company Xcel Energy is collaborating with Itron to manage the increasing number of distributed energy resources (DERs) in Colorado. The partnership involves deploying Itron’s Aggregator Distributed Energy...

New Project (Full-Scale)Smart GridEnergyLumaItronUSA

LUMA Launches Next Phase of Smart Meter Initiative in Puerto Rico

Dec 19, 2024

LUMA the Puerto Rican company that operates and manages the electric power transmission and distribution system in Puerto Rico has announced a major milestone in its grid modernization efforts with the launch of the next phase of its Smart Meter...

FundingEnergySmart GridSpotmyEnergyNorrsken

SpotmyEnergy Raises €10.5M to Boost Smart Meter Adoption in Germany

Dec 13, 2024

SpotmyEnergy, a German energy startup based in Cologne, has raised €10.5 million in seed funding. The round was led by Swedish VC Norrsken, with participation from Vorwerk Ventures and existing investor Picus Capital. The funding will be used to...