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Iberdrola, Siemens ink M.O.U. for smart grids in Qatar, Middle East

Spanish utility company Iberdrola has signed a memorandum of understanding with Siemens for the development of smart grid technologies for Qatar and the Middle East. Under the M.O.U., the two parties are negotiating a contract for a strategic alliance that will plan and develop smart grid technologies for the region. The partnership plans to cooperate in the integration of renewable energy sources...

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G.E., Meralco teaming up to bring smart grid to the Philippines

Electronics giant General Electric is teaming up with the Philippines’ largest utility to bring smart grid infrastructure to the Southeast Asian country. G.E. and the Manila Electric Company, or Meralco, are working on developing an advanced smart grid roadmap that will allow households across Meralco’s service area to better manage their energy consumption. “We are looking at the benefits of smart pre...

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Developmental financing closed for Lake Erie CleanPower Connector project

JCM Capital has closed developmental financing for an underwater high-voltage direct current transmission project for clean energy. JCM Capital, a Canadian-based private equity firm that focuses on developing clean power projects, will be working to the Lake Erie CleanPower Connector project with the Lake Erie Power Corp. “JCM Capital is excited and proud to be financing and providing co-developm...

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Silver Spring, Metrix to deploy smart meters in New Zealand

Silver Spring Networks, Inc., a networking platform and solutions provider for smart energy networks is partnering with metering service provider Metrix to deliver smart metering solutions in New Zealand. The first joint deployment between Silver Spring and Metrix will be for Counties Power, a lines company that serves more than 37,000 customers in New Zealand’s North Island. Counties Power will leverage Sil...

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Itron, GCEC to deploy 40,000 smart meters in Texas

Itron, Inc. will be providing smart meters for the Grayson-Collin Electric Cooperative in Texas. Grayson-Collin Electric Cooperative (GCEC), which serves nearly 40,000 members in Grayson and Collin Counties in Texas, has selected Itron for its advanced metering deployment project utilizing cellular communications. The cellular solution will allow GCEC to strategically and cost-effectively deploy a...

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400-mile transmission line for Illinois approved

Ameren Transmission Company of Illinois (ATXI) has gotten approval for a 400-mile, $1.1 billion transmission project. The Illinois Commerce Commission has approved the Illinois Rivers transmission project, a 345-kilovolt transmission line that will cross the Mississippi River near Quincy, Illinois and continue east, across Illinois, to the Indiana border. "We are pleased with the I.C.C.'s decision confirming that...

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Itron, Duquesne Light to deploy smart meters in Pennsylvania

Itron, Inc. will be providing the smart meters for a planned deployment in Pennsylvania. Itron has signed an agreement with the Duquesne Light to replace the utility’s existing 625,000 electricity meters with its own smart meters. The contract signing follows approval from Duquesne Light’s Board of Directors and the Pennsylvania Public Utility Commission. Itron will provide around 625,000 smart meters for the smart...

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Silver Spring to deliver smart meters for New Zealand smart grid project

Silver Spring Networks has been selected to provide smart meters for a smart grid networking project in New Zealand. Silver Spring, a networking platform and solutions provider for smart energy networks, has been selected by New Zealand’s SmartCo to provide smart metering services to their customers. SmartCo is a consortium of New Zealand electricity lines companies that serve more than 250,000 urban and rural...

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Toshiba, ENEA cooperating in smart grid technologies for Europe

Toshiba Corporation and the Italian National Agency for New Technologies, Energy and Sustainable Economic Development or ENEA have signed an agreement aimed at improving management of gird integrating renewable power sources. The agreement covers a wide range of matters including energy efficiency, renewable energy sources, smart grids, electric storage for the grid and electric mobility. Currently, Europe accounts for...

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Smart meter market to peak at 131 million units in 2018

By 2022, according to a report from Navigant Research, smart meter shipments around the world will reach up to 114 million units per year. The think tank sees smart meter deployment peaking at 2018 to 131 million units globally, but then predicts a decline as it enters a slow growth pace worldwide. Currently, the smart meter market is already experiencing a slowdown after a period of rapid rollouts – mostly in the developed...

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