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Iberdrola launches AI innovation project to optimise power grids

Smart Energy International

Iberdrola is leading the AI Innovation Data Space (i-DS) project to improve value extraction from data to optimise power grids. Specifically, the aim is to apply AI to speed up and enhance the extraction of value from the data to improve the service of distribution networks. With funding of more than €12.5

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Electrical distributor EIS to acquire Power Grid Supply

Smart Energy International

EIS, a distributor of electrical process materials and components in North America, announced the successful acquisition of Power Grid Supply (PGS), a supplier of transformer parts and components for the production, repair, and remanufacturing of transformers.

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Sungrow VPP project to support ailing South African power grid

Smart Energy International

Touted as South Africa’s first wind-solar-storage integrated virtual power plant (VPP), EDF Renewables and private investment company Perpetua Holdings (Pty) Ltd won the Umoyilanga project bid in the South African Government’s Risk Mitigation IPP Procurement Programme in March 2021.

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Biden administration announces ‘largest ever’ investment in US electric grid

The Verge: Energy

A worker repairs a utility pole during a power outage after Hurricane Ida in New Orleans, Louisiana, U.S., on Thursday, September 2nd, 2021. billion in funding today to upgrade the US’s aging electric grid, the largest investment to date in the grid. The funding announced today is just one chunk of $10.5

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Hitachi drops ABB Power Grids and is now officially Hitachi Energy

Renewable Energy World

This summer Hitachi announced its intention to change its name to Hitachi Energy and drop the joint venture name it adopted when it purchased the grid business from ABB. Today, the company is announcing that the former name, Hitachi ABB Power Grids, has been officially changed to simply Hitachi Energy.

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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. “The acquisition of Power Grid Components fits squarely within one of our favorite investment themes – the U.S.

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'Greenest ever': Britain's power grid CO2 falls to record low on Easter Monday

Business Green

Low demand for power sees carbon intensity on grid plummet to lowest ever level, National Grid ESO confirms. In total, Britain's grid went coal-free for over 5,000 hours in 2020, compared to almost 3,700 hours in 2019, 1,850 in 2019, and 624 in 2017, National Grid ESO said. Coal generated just 1.6