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...
Flextronics has dedicated one million square feet to create a Clean Tech Super Site at its established facility in Port of Tanjung Pelepas (PTP) Malaysia. The company says that this strengthens its position as a global leader in the manufacturing of solar modules and complements the company’s Clean Tech strategy that includes providing services to […]
The ZigBee® Alliance announced its intention to expand its participation in the European Union’s various standardization efforts. The Alliance will focus on the European Union’s Smart Grid programs and on meeting the needs of the EU implementation of ZigBee Smart Energy in the Home Area Network (HAN). To accomplish these objectives, and support a thriving […]
S&C Electric Company has announced the creation of its new Communications Systems business. According to S&C, the industry needs modern, flexible and yet highly reliable communications systems to address the complex needs of the 21st century electric grid. In fact, a recent study sponsored by S&C found that 81% of participating industry professionals identified communications […]
The New York State Energy Research and Development Authority (NYSERDA) announced that it will award $8 million to help develop or commercialize 19 cutting-edge energy storage projects that it says will strengthen New York’s standing as a national leader in the energy storage industry and help build New York’s clean energy economy for the future. […]
Saft announced the groundbreaking of its lithium-ion (Li-ion) battery manufacturing plant at Cecil Commerce Center in Jacksonville, Florida. The factory will build advanced Li-ion cells and batteries for military hybrid vehicles, aviation, smart grid support, broadband back-up power and energy storage for renewable energy. The high-volume factory, which is Saft’s 16th wholly-owned facility worldwide and […]
AEG Power Solutions announced what it describes as a strengthening of its position as a solutions provider for megawatt utility-scale photovoltaic (PV) power plants with the purchase of a majority stake in skytron energy. Founded in 1996, Berlin-based skytron provides leading-edge metering, monitoring and supervision solutions to companies in engineering, procurement and construction (EPCs), as […]
IBM announced its Energy & Utilities Solutions Lab in Beijing, where IBM states it will bring together advanced analytics skills, industry-specific offerings and best practices to make energy and utility networks safer, more efficient and smarter. The E&U Solutions Lab, IBM’s first worldwide, will focus on developing industry-specific solutions based on the needs of the […]
The Demand Response and Smart Grid Coalition (DRSG) announced that seven new members have joined the group. The new members are Ambient Corp., Johnson Controls, Lockheed Martin, Boeing, EnergyConnect Inc., CALMAC Corp., and EnOcean Alliance. DRSG is the trade association for companies that provide products and services in the areas of demand response and smart […]