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New York’s Con Edison invests $2.3bn into grid resilience

Smart Energy International

New York’s Consolidated Edison, one of the largest investor-owned energy companies in the US, has invested $2.3 In Westchester County, investments to improve the reliability of overhead lines in New Rochelle, Larchmont and the villages within Mount Pleasant.

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Climate resilience must be guiding principle of urban development, argues new report

Envirotec Magazine

A new report, ‘Risk & Resilience: The role of cities in tackling the climate crisis’ , argues that climate resilience must be embraced as a guiding principle across urban development, given the extreme exposure of cities to climate risk.

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Enel unveils plan for €18.6bn grid investment 

Smart Energy International

Italy’s Enel Group has announced a new investment strategy for the period 2024-2026, doubling down on grid investments and being more selective in renewables. The nearly €19 billion for grid investments will focus on improving quality, resiliency and digitalisation of the power grid, alongside new connections.

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US DOE to fund resilience tech for energy infrastructure

Smart Energy International

The US Department of Energy (DOE) has announced $70 million in funding to support research into resilience technologies to reduce risks to energy infrastructure from a variety of hazards, including cyber and physical threats, natural disasters and climate-change fueled extreme weather events. Granholm. “As

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AI software company raises $2.5M for grid resiliency

Smart Energy International

Rhizome, a climate resilience planning platform for the power grid, announced its official launch, initial institutional capital raise of $2.5 Rhizome’s veteran team is focused on helping utilities and regulators make the grid more resilient without significant cost increases for communities.

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US Department of Energy announces $3.5bn for grid resilience

Smart Energy International

In its biggest investment in the nation’s grid, the White House announced a $3.46 billion investment for 58 projects across 44 states to strengthen electric grid resilience and reliability, invest in microgrids and enable more renewable energy generation across America.

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American Battery Solutions to supply battery packs to electric bus manufacturer NFI Group

Charged

And plenty of cells will be needed—the market for electric buses in North America is heating up. Demand for battery-electric buses is accelerating, and NFI is leading the evolution to zero-emission public transportation in North America. NFI expects that 40% of its 2025 production will be zero-emission buses.

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