Smart City & Utility Industry News

FundingEnergyEnvironmental MonitoringRhizomeBase10 Partners

Rhizome Raises $6.5M Seed Funding to Expand Climate Resilience Solutions for Power Grids

May 26, 2025

Rhizome, a climate resilience planning platform for power grids, has secured $6.5 million in an oversubscribed seed funding round led by Base10 Partners. The funding will support the expansion of its AI-driven platform, product development, and team...

New Project (Full-Scale)EnergyNational GridKrakenUSA

National Grid Adopts Kraken Technologies AI Platform to Enhance Services for US Customers

May 25, 2025

National Grid has partnered with Kraken Technologies to implement an AI-powered platform aimed at improving operational efficiency for 6.5 million residential, commercial, and industrial customers in Massachusetts and New York. The multi-year...

FundingEnergyTrawaHeadline

German Startup Trawa Secures €24M to Cut Business Energy Costs

May 25, 2025

Berlin-based energy provider Trawa has raised €24 million in a Series A funding round led by Headline, a global VC firm. Other investors include Norrsken VC, Balderton Capital, Speedinvest, AENU, Magnetic, and Tiny VC. Founded in 2022, Trawa uses...

DivestituresEnergyIberdrolaMacquarieUK

Iberdrola Sells UK Smart Metering Business to Macquarie for €1.06 Billion

May 12, 2025

Iberdrola has agreed to sell 100% of its UK-based smart metering business, SP Smart Meter Assets Limited (SPSMAL), to Australian financial group Macquarie for approximately £900 million (€1.06 billion). The deal, pending approval from UK...

PartnershipEnergyEnBWRobotronGermany

EnBW Adopts Robotron’s CLS Software for Smart Grid Management

May 12, 2025

EnBW Utility Services has selected Robotron Datenbank-Software GmbH to implement its Controllable Local Systems (CLS) management platform, following a competitive EU-wide tender. The software will optimize grid operations as distributed energy...

New Project (Full-Scale)EnergyIoT NetworksThe Data Communications Company (DCC)IBMUK

UK Smart Meter Network to Undergo Major Upgrade

May 5, 2025

The Data Communications Company (DCC) has awarded contracts to IBM UK, CGI, Netcompany, and Vodafone to modernize Britain’s smart meter network. The upgrade follows an 18-month competitive procurement process aimed at improving cost efficiency and...

New Project (Full-Scale)EnergyBuilding EfficiencyHydro‑QuébecCanada

Hydro-Québec Launches $10 Billion Energy Efficiency Plan, Offers Free Smart Thermostats

Apr 29, 2025

Hydro-Québec has unveiled a new 10-year, $10 billion energy efficiency plan aimed at reducing electricity consumption in Quebec by 10%. The initiative includes free smart thermostats for residential customers and financial support for commercial...

New Project (Full-Scale)Environmental MonitoringEnergyHECOALERTWestUSA

HECO Installs Weather Stations and AI Cameras to Prevent Wildfires in Hawaii

Apr 23, 2025

Hawaiian Electric Company (HECO) is installing more than 50 advanced weather stations and nearly 80 AI-powered camera systems on utility poles across the state. The initiative is aimed at improving early fire detection and enhancing weather...

Upcoming projectEnergyStreet LightingSpain

Villaquilambre Approves €3.1 Million Energy Efficiency Plan

Apr 16, 2025

The Villaquilambre City Council has approved two energy efficiency projects totaling €3.1 million, aiming to reduce municipal energy costs by 60%. The larger project, with a budget of €2.6 million, involves replacing 2,207 streetlights with...

FundingEnergyCorinexEnergy Growth Momentum

Corinex Secures $30 Million to Expand Grid Flexibility Solutions

Apr 9, 2025

Corinex, a provider of broadband over power lines (BPL)-based grid solutions, has raised $30 million in a funding round led by Energy Growth Momentum, with participation from Suma Capital and Adara Ventures. The investment should support the...