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Smart Energy Finances: Hitachi Energy acquires eks Energy

Smart Energy International

Swiss tech major Hitachi Energy has acquired eks Energy in a strategic move to add power and electronics and energy management software to their ever-growing portfolio. Hitachi Energy called the move part of its strategy to meet global demand for battery energy storage solutions.

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Review calls for more energy flexibility and smart water meters in GB

Smart Energy International

Britain’s National Infrastructure Commission has called for further investment and upgrading of the electricity and water infrastructures among others. There should be increased adoption of electric vehicles, with a nationwide network of at least 300,000 public charge points across the country by 2030. But we need to get on with it.”

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Blackstone acquires Texas-based electric grid components company

Smart Energy International

US asset manager Blackstone announced that private equity funds affiliated with it have closed the acquisition of Power Grid Components, an electric grid components manufacturer. PGC is a domestic designer and manufacturer of a range of components for protection, monitoring and safety applications in electrical substations.

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Unlocking smart meter data for research

Smart Energy International

James O’Toole explains how the UK’s Smart Energy Research Lab is enabling researcher access to smart meter data. With over 21 million smart gas and electric meters now in Great Britain’s homes, there is a growing wealth of half-hourly and daily domestic energy use data available to those who can access it.

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Waste heat reuse and CO2-neutral energy supply concept among winners of German energy efficiency awards

Envirotec Magazine

The following have been recognised for their achievements: The building materials manufacturer, Adolf Gottfried Tonwerke GmbH , together with the technology provider, Orcan Energy AG , in the Energy Transition 2.0 category, for exploiting previously unused waste heat from two furnaces for electricity generation.

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Behind-the-Meter Battery Pioneer Stem to Take SPAC Route to Public Markets

GreenTechMedia

Stem, the decade-old behind-the-meter battery startup that was seeking a buyer earlier this year to bolster its growth ambitions, is now launching a plan to go public via a special-purpose acquisition corporation (SPAC) reverse merger. Friday’s announcement names Star Peak Energy Transition Corp. and abroad. and abroad.

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Generac Acquires Enbala, Boosting Plan to Harness Behind-the-Meter Energy Resources

GreenTechMedia

Generac Power Systems is acquiring Enbala Power Networks, a major step toward putting its market-leading backup generator business and its fast-growing behind-the-meter battery-solar fleet to work as a power grid resource. Canada and Australia, according to Wood Mackenzie data. Leading U.S.