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...
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...
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...
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...
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...
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...
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...
Birmingham-based Grid Edge, an AI-driven energy management firm, has raised €3.3M (£2.8M) in a funding round led by Mercia Ventures, with participation from Centrica, BP Ventures, and private investors. The investment, pending approval under the...
Rotterdam-based Gradyent, a developer of digital twin technology for heating and cooling systems, has raised €28 million in a growth funding round. The investment was led by Blue Earth Capital, with participation from SEB Greentech Venture...
Norwegian utility Norgesnett has partnered with Itron to deploy its Grid Edge Intelligence technology in the Nordics, marking the region’s first grid edge computing implementation. The project will use Itron’s distributed intelligence-enabled...
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