Smart City & Utility Industry News

Public FundingEV ChargingCalifornia Energy Commission (CEC)USA

California Approves $1.4 Billion for EV Charging and Hydrogen Infrastructure

Dec 16, 2024

The California Energy Commission (CEC) has approved a $1.4 billion investment plan to expand the state’s zero-emission vehicle (ZEV) infrastructure. Over the next four years, the Clean Transportation Program will fund nearly 17,000 new light-duty...

Events & PublicationsStreet LightingTALQ Consortium

TALQ Consortium Unveils Enhanced Tender Template for Smart Street Lighting

Dec 16, 2024

The TALQ Consortium has unveiled the fourth edition of its widely adopted Tender Template for outdoor lighting, aiming to support the development of future-proof smart cities. This latest version is available in English and Chinese, with additional...

FundingEnergySmart GridSpotmyEnergyNorrsken

SpotmyEnergy Raises €10.5M to Boost Smart Meter Adoption in Germany

Dec 13, 2024

SpotmyEnergy, a German energy startup based in Cologne, has raised €10.5 million in seed funding. The round was led by Swedish VC Norrsken, with participation from Vorwerk Ventures and existing investor Picus Capital. The funding will be used to...

DivestituresEnergySmart GridIberdrola

Iberdrola Plans UK Smart Metering Sale

Dec 13, 2024

Spanish utility Iberdrola is exploring the sale of its UK smart metering business, aiming to raise around £1 billion ($1.27 billion), according to sources. The process, advised by RBC, is in early stages, with no guarantee of a deal....

Mergers and AcquisitionsDivestituresMobility and TrafficLacroixSWARCO

LACROIX Enters Exclusive Negotiations with SWARCO for City-Mobility Sale

Dec 13, 2024

LACROIX is in exclusive talks with SWARCO for the sale of its City-Mobility segment, aligning with its May 2024 strategy to refocus on high-potential activities in Electronics and Environment. The divestment includes the Traffic and V2X business...

FundingStreet LightingZumbotel

EIB Grants €50M Loan to Zumtobel Group for Smart Lighting R&D

Dec 13, 2024

The European Investment Bank (EIB) has provided a €50 million loan to Austria’s Zumtobel Group to support R&D for energy-efficient smart lighting solutions. With a total investment of €191 million over the next three years, the funding...

Project ReportWaterKamstrupFrance

Perpignan Deploys 120,000 Smart Water Meters for Leak Detection

Dec 13, 2024

Perpignan Méditerranée Métropole (PMM) is deploying 120,000 smart water meters by 2026. The Kamstrup flowIQ 2200 meters, featuring acoustic leak detection and real-time monitoring capabilities, aim to preserve water resources and provide precise...

New Project (Full-Scale)EnergySmart GridDCCUK

DCC Begins 4G Smart Meter Hub Rollout for Energy Network in the UK

Dec 13, 2024

The Data Communications Company (DCC) has begun rolling out 4G communication hubs for Britain’s smart meters, with mass deployment set for summer 2025. This upgrade aims to future-proof the network as 2G/3G sunsets by late 2023. Suppliers will...

FundingBuilding EfficiencyNext SenseABP

Next Sense Raises €11.5M to Decarbonise Real Estate

Dec 13, 2024

Amsterdam-based Next Sense has secured €11.5M in Series A funding to scale its smart building platform globally. The round was co-led by ABP and ETF Partners, with support from Edge, SHAPE Capital, and Timeless Investments. Next Sense combines...

Mergers and AcquisitionsWaterXylemIdrica

Xylem Acquires Majority Stake in Idrica to Advance Digital Water Management

Dec 11, 2024

Xylem announced the acquisition of a majority stake in Idrica, a Spanish company specializing in water data management and analytics. Xylem and Idrica first partnered in January 2023 to integrate Xylem Vue, Xylem’s digital solutions platform,...