The European Investment Bank (EIB) has granted an €80 million loan to Elektrodistribucija Srbije to replace 400,000 outdated electromechanical meters with smart meters. This is part of a broader effort to modernize Serbia’s electricity grid,...
Eneida, a Portugal based company specializing in neighborhood grid intelligence for zero emission neighborhoods (ZEN), has raised €10.5M in Series B funding. The round was led by Junction Growth Investors and Santander Alternative Investments,...
Australia’s Clean Energy Finance Corporation has allocated USD 33 million to Intellihub, the nation’s largest smart meter provider, for a nationwide rollout. These smart meters should allow consumers to manage and store home-generated...
The International Olympic Committee (IOC) will use Energy Expert, a data-driven, cloud-based solution by Alibaba Cloud, to monitor and analyze power consumption across all 35 venues of the Paris 2024 Olympics. This platform will consolidate data on...
Ancala, an independent infrastructure manager, has acquired Solandeo, a growing operator of smart meters in Germany. This acquisition provides Solandeo with the capital needed to meet the rising demand for smart meters, mandated by the German...
Gorilla, based in Antwerp, has raised €23 million in a Series B funding round to expand its market in Germany and the USA. Gorilla provides a real-time data analysis, computation, and forecasting platform for energy suppliers, helping them set...
Eneryield, a Swedish startup, that offers fault forecasting and identification for electrical system has closed a seed funding round of an undisclosed amount with investment from ABB and Chalmers Ventures. Eneryield’s AI-based grid maintenance...
ABB has taken a minority stake in Ndustrial, a US-based startup known for its AI-driven energy management platform. Ndustrial’s platform integrates various data sources to precisely measure and optimize energy use tailored to specific...
The city of Mesa, Arizona, is set to enhance its water management system with a $1.7 million federal grant earmarked for its comprehensive Smart Meter Upgrade project. Part of an $82 million initiative, this project aims to replace over 200,000...
E.ON Hungária Group has launched a significant expansion of its smart meter infrastructure in Hungary, installing over 165,000 new devices in Transdanubia and Pest County, including Budapest. This effort is part of a larger initiative that has...
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