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...
The Reading Municipal Light Department (RMLD), a Massachusetts-based utility, has partnered with smart grid technology provider Tantalus Systems to modernize its distribution grid. The collaboration will deploy Tantalus’ Grid Modernization...
Hydro-Jonquière, serving 22,000 electricity customers in the Jonquière region, plans to apply for federal funding under the ERITE program to acquire smart meters. The upgrade aims to modernize the utility’s grid, including installing an...
A global consortium led by EPRI, NVIDIA, and other industry leaders has launched the Open Power AI Consortium to accelerate AI adoption in the energy sector. The initiative brings together utilities, tech firms, and researchers to develop open AI...
Xcel Energy is collaborating with Itron and Tesla to deploy an advanced virtual power plant (VPP) in Colorado. The project will integrate Itron’s IntelliFLEX Aggregator DERMS solution with Tesla’s Powerwall home batteries to enhance grid...
Itron has teamed up with Microsoft to integrate generative AI (Gen AI) Copilot technology into its Intelligent Edge Operating System (IEOS), aiming to streamline utility operations. The collaboration should enable utilities to use natural language...
Bpifrance, the French public investment bank, along with its fund Lac1, has announced an €800 million investment in Veolia, a global leader in ecological transformation. The deal, finalized under a shareholder agreement, includes plans to appoint...
French startup Siteflow, which provides digital tools to streamline field operations and manufacturing processes in the nuclear energy sector, has secured €7 million in funding. The investment round was led by LBO France and EDF Pulse Ventures....
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