Honeywell Smart Energy has invested $5 million in Sparkmeter, a grid management service provider operating in over 25 countries, offering solutions to overcome electricity and revenue losses in utilities. The partnership aims to bring Sparkmeter’s...
Gridspertise has acquired Finnish company Aidon Oy, an expert in energy metering in the Nordic countries. The move is to strengthen Gridspertise’s position in the Nordic markets and expand its portfolio of energy solutions. Aidon, with 5 million...
The Biden administration is allocating $6 billion for enhancing climate resilience, including grid improvement and environmental justice. Out of those 6 billion, $93 million will go to EPA grants to support recycling infrastructure and education in...
In the UK, six energy suppliers—British Gas, OVO, Bulb, E.ON, Scottish Power, and SSE—failed to meet their 2022 smart meter installation targets by some 1 million units. Consequently, they will collectively pay £10.8 million to the Office of...
Greece’s Hellenic Electricity Distribution Network Operator, or HEDNO, is set to deploy 3.1 million smart meters in its first phase with support from the European Investment Bank. The phase involves a €150 million loan and the total cost is...
Eversource is to deploy smart meters across Connecticut, aiming to upgrade over 1.2 million units for residential and small business customers. This $620 million initiative, filed in November 2021, is part of the company’s electricity system...
Rhizome, an AI software company focusing on climate resilience for power grids, has successfully raised $2.5 million and launched partnerships with Seattle City Light and Vermont Electric Power Company. Aiming to bolster grid resiliency and with the...
Tipmont, the Indiana’s electric utility company, will use Landis+Gyr’s Revelo meters for grid management and member engagement. This involves installing a Gridstream RF Mesh IP network for 30,000+ advanced meters. The aim is to provide granular...
Amperon, a US-based AI-driven platform specializing in grid data analytics and electricity forecasting, has raised $20 million in a Series B funding round led by Energize Capital. The investment will support Amperon’s transition to a comprehensive...
Island Energy has received approval to deploy around 525,000 smart electricity meters over three years, following a nod from the Rhode Island Public Utilities Commission. This rollout, aimed at modernizing the state’s energy infrastructure, will...
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