EnerDel is working with ITOCHU and other companies on an automotive-to-smart-grid integration project, components of which were demonstrated for the public at a ceremony yesterday. The project combines electric vehicles (in this case, a Mazda2 modified to use EnerDel batteries and drivetrain components from the Think electric car), stationary grid storage, solar power and rapid re-charging infrastructure in a real-world environment. For example, the charging station, located at a Family Mart convenience store Japan , … Read the rest
Tag Archives: smart grid
ABB (ABB) Buys Ventyx For More Than $1 Billion
ABB has just announced that it is acquiring Ventyx, an energy management software provider, for more than $1 billion cash. The purchase is pending regulatory approvals and should be complete by the second quarter of 2010.
In a press release, Joe Hogan, ABB’s CEO, explained why purchasing Ventyx should be advantageous for ABB:
“The big advantage for energy companies, utilities and industrial customers is that they will now have a single supplier of enterprise-wide … Read the rest
Digi Intl (DGII) Beats Estimates – A Smart Grid Play To Watch
Put Digi International (DGII) on your radar, particularly tomorrow morning. This is a smart grid play to keep an eye on and continues to look quite bullish. They don’t generate a lot of revenue yet from smart grid deployments, but that should change in the years to come. Itron (ITRI) is using their technology.. enough said. The stock has been running up since last December with volume and recently broke out to a new … Read the rest
ABB (ABB) To Work With T-Systems On Smart Grid
ABB just announced that it will be working with T-Systems, the enterprise customer division of Deutsche Telekom, to develop smart grid solutions that enable customers to understand and control their energy usage.
In a press release, Peter Smits, CEO of ABB and head of the central Europe region, commented on the news:
“By joining forces, ABB and Deutsche Telekom are combining their know-how, which is perfectly matched to create smart grids. We are offering … Read the rest
Brean Murray Bullish On Smart Grid Stocks (AMSC, ENOC, ITRI)
Brean Murray is out with a bullish call on the smart grid sector this morning and believes that with healthcare reform out of the way, the government will return its attention back to energy and energy efficiency. Hat tip to Street Insider for the following analyst comment.
“…With (Fed’s) funding checks expected by the second half of 2010 accelerating smart grid deployment projects, and an expectation for increased federal attention back toward energy and efficiency … Read the rest
Reliant Energy (NRG) Receives $20 Million DOE Grant For Smart Energy
Reliant Energy, owned by NRG Energy, just announced that it has received a $20 million grant from the Department of Energy under the American Reinvestment and Recovery Act. The grant will help Reliant roll out more smart energy options to consumers to help them control their energy use.
In a press release, David Crane, NRG Energy, Inc. President and Chief Executive Officer, commented on the grant:
“We are grateful the DOE recognizes the value of … Read the rest
Exelon (EXC) Subsidiary PECO Selects Comverge (COMV) Demand Response Solution
===> Click Here For Your FREE Comverge Analysis
Exelon’s (EXC) PECO subsidiary in Pennsylvania has selected Comverge’s (COMV) Apollo Demand Response Management System to meet energy efficiency targets required by Pennsylvania Act 129. For the next 3 years Comverge will provide full turnkey services including call center services and includes the installation of nearly 150K energy management devices. This will be largest demand response deployment in Pennsylvania. PECO was one of the six recipients of … Read the rest
American Superconductor (AMSC) Expands Alliance With LS Cable For Korea Smart Grid
===> Click Here For Your FREE American Superconductor Analysis
American Superconductor (AMSC) and LS Cable of South Korea, who is the third largest power cable manufacturer in the world, have announced an expanded superconductor power cable business alliance. The first began working together last year and this expansion calls the collaborative deployment of more than 30 miles of smart grid power cables over the next five years.
The power cable systems manufactured by LS … Read the rest
CenterPoint Energy (CNP) Makes $200 Million DOE Smart Grid Grant Official
===> Click Here For Your FREE CenterPoint Analysis
The ink is now dry on an agreement between the DOE and CenterPoint Energy (CNP) for a whopping $200 million grant to accelerate the deployment of their advanced metering system and intelligent grid. You guys better put that kind of money to good to use! We’ll all be watching.
“We are very pleased to have finalized this agreement with the DOE to help accelerate the deployment of … Read the rest
Itron (ITRI) & Lockheed Martin (LMT) In Smart Grid Collaboration
===> Click Here For Your FREE Itron Analysis
Two heavy hitters are collaborating, bringing their smart grid technologies together to reduce the cost and complexity for utilities to deploy smart meters. Itron (ITRI) and Lockheed Martin (LMT) announced today that they will integrate Lockheed’s SEEload Demand Response Solution with Itron’s smart grid platform bringing together Itron’s smart grid expertise with Lockheed’s security, command and control and integration expertise.
Itron VP Philip Mezey commented: “Fostering the … Read the rest