Ener1, Inc. announced that it has executed an agreement with its principal shareholder, Ener1 Group, for the purchase of common stock and warrants for $65 million. The investment, which is expected to close later this week, is subject to customary closing conditions. "The commitment of new capital from Ener1 Group is another strong vote of […]
ABB announced the debut of GridSync™ wireless sensors. GridSync combines sensors and wireless communications, allowing utilities to increase grid visibility and efficiency through VoltVar Optimization (VVO). GridSync provides high accuracy current, voltage and frequency information in real time for Smart Grid applications, including Volt Var Control (VVC), Demand Response, and Load Monitoring. "GridSync will allow […]
The ZigBee® Alliance, and the IPSO (IP for Smart Objects) Alliance announced an agreement to collaborate on wireless home area networks (HAN) using the ZigBee IP specification and the ZigBee Smart Energy™ version 2.0 standard. The two alliances will collaborate on expanding HANs by using IP technology. The ZigBee Alliance is a global ecosystem of […]
Mitsubishi Electric Corp. announced that it will invest a total of 7 billion yen by March 2012 in a project to build facilities within the company’s production sites in Japan for experiments designed to establish advanced smart grid technologies. The project will contribute to the company’s efforts to support the adoption of sustainable power supplies […]
Darnell’s Power Forum (DPF ’10) has expanded its focus to include Portable Power Management as a core area for paper submissions. Portable...
EnerDel has joined forces with ITOCHU Corp. to unveil what the companies described as a groundbreaking new project that showcases a real-world integration of the smart grid, electric vehicles and renewable energy technologies. EnerDel is supplying the advanced battery systems at the heart of the project, said to mark the first time that EVs, stationary […]
Hitachi America, Ltd.’s Industrial and Infrastructure Systems Division announced that it is focusing on Energy Storage for the Smart Grid to complement Wind and Solar Farms. Hitachi has completed eight projects since March 2000 and will complete another one this year. The company states that, as the emergence of the Smart Grid gains momentum and […]
Constellation NewEnergy, a subsidiary of Constellation Energy, launched its new energy management product, VirtuWatt™, described as a unique combination of hardware and online applications that allows customers to manage and optimize electricity usage in real-time and lower their energy bills by reducing consumption during peak pricing periods. "VirtuWatt delivers a single platform that allows commercial […]
International Battery (IB), a manufacturer of large format, rechargeable lithium ion cells, batteries, and systems, announced the first closing of its $35 million Series C financing round, led by Digital Power Capital, an affiliate of Wexford Capital LP. The new investment will allow the company to continue to scale up its existing manufacturing plant in […]
Cooper Industries plc announced the acquisition of substantially all of the assets of Germantown, Maryland -based Eka Systems, Inc., a provider of secure, reliable and adaptive RF wireless networking technologies for smart grid communication applications. Terms of the transaction were not disclosed. Eka Systems, through its EkaNet™ Smart Network technology, provides utilities with an open-standards […]
An Announcement and Call for Papers has been issued for Darnell’s Power Forum (DPF ’10). DPF ’10 is an exciting new event...
Maxim Integrated Products, Inc. announced that it has entered into a definitive agreement to acquire privately held Teridian Semiconductor Corp. for approximately $315 million in cash. Teridian is a fabless semiconductor company headquartered in Irvine, California. It is a major supplier to 3 of the top 4 major meter manufacturers in the U.S. and to […]
American Superconductor Corp. (AMSC) and LS Cable Ltd. (LS Cable) announced that they have expanded their superconductor power cable strategic business alliance. Under the new agreement, LS Cable and AMSC will work collaboratively to deploy more than 50 kilometers (km) (31 miles) of superconductor power cables in commercial power grids over the next five years. […]
IBM announced an agreement with the Energy Technologies Institute (ETI) to evaluate the potential impact of electric vehicles on the UK electricity grid. The project will also assess the infrastructure required to achieve a mass market for electric and plug-in hybrid electric vehicles in the UK. IBM will lead the co-ordination of a consortium of […]
Cypress Semiconductor Corp. introduced what it describes as the world’s first truly programmable solution for data communication over existing power lines. Leveraging...