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...
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...
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...
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...
Spanish utility Iberdrola is exploring the sale of its UK smart metering business, aiming to raise around £1 billion ($1.27 billion), according to sources. The process, advised by RBC, is in early stages, with no guarantee of a deal....
The Data Communications Company (DCC) has begun rolling out 4G communication hubs for Britain’s smart meters, with mass deployment set for summer 2025. This upgrade aims to future-proof the network as 2G/3G sunsets by late 2023. Suppliers will...
Electric grid manager Red Eléctrica is set to launch a multi-scale digital twin to oversee and guide the development of its infrastructure in Spain. The initiative will utilize Dassault Systèmes’ 3DEXPERIENCE cloud platform combined with their...
The Australian Energy Market Commission has set a goal for 100% smart meter adoption by 2030, citing benefits for both consumers and the broader energy market. As part of this effort, the Australian Energy Regulator (AER) has approved a trial of...
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