Smart Grid

MENA countries to invest $9.8bn to modernize electric grids

Middle East and North African (MENA) countries will allocate a budget for the modernization of grids and expansion of solar generation resources over the...

Europe invests $ 4.27 billion in smart grid projects since 2002: JRC

EU in-house scientific service Joint Research Center (JRC) stated in Smart Grid Projects Outlook, 2014 edition, that Europe has spent $ 4.27 billion on...

Silver Spring Networks enhances smart grid demand response solution

Silver Spring Networks, a provider of smart grid solutions, announced enhancements to its Demand Response (DR) portfolio including an open, smart grid-enabled mobile thermostat...

Smart Grid as a Service will grow to $11.2 billion in 2023

Utility spending on Smart Grid as a Service (SGaaS) will grow from $1.7 billion in 2014 to $11.2 billion in 2023 – totaling $57.6...

New industry initiative, Microgrid Alliance, to give collective voice to industry

A new microgrid industry initiative, the Microgrid Alliance (MGA), has been formed with an aim to provide a collective voice for companies and other...

Echelon reports net loss of $4.0 million

Echelon Corporation, a company specializing in Internet of Things and smart grid communications, has reported Q1 2014 net loss of $4.0 million  compared with...

VC funding in smart grid stand tech stands at $101 million in Q1 2014

Venture capital (VC) funding into smart grid  technology companies stands at $101 million in 21 deals in Q1 2014, compared to $148 million in...

Itron selected to modernize Southern Connecticut Gas Company’s metering system

Smart metering solutions provider Itron  announced that Southern Connecticut Gas Company (SCG) has selected the company to modernize and manage its metering system. Itron’s smart...