Echelon (ELON) is surging nearly 20% today with big volume.  The reason isn’t completely obvious because the company hasn’t issued a press release, but the reason the stock is moving is probably the result of Spain based Telvent integrating its smart grid solution with Echelon’s (ELON) for a big Finnish project with a cost of over $150 million. 

According to Telvent’s release, they will be in charge of the design and development of a smart … Read the rest