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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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Investment needed to keep grid fit for purpose says Enel Grids boss

Smart Energy International

With 2023 coming to a close, the impact of climate change and rapidly increasing electricity demand have illustrated the crucial importance of grid investment to ensure the grid is fit for purpose. Not investing in the grid is like accumulating cholesterol – you find out you are in bad shape.”

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Dutch demand continues to outstrip supply despite record grid investments

Smart Energy International

Despite record investments into power grid expansion to accommodate demand, grid operators Alliander, Enexis and Stedin have reported inefficient capacity to prevent increasing network congestion. Alliander invested more than €1.4 billion ($1.6

Demand 59
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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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Smart Energy Finances: Norwegian investors buy 49% stake in Indian transmission scheme

Smart Energy International

Also on the radar are the closing of Gridmatics’ storage fund, Siemens’ financial safety net and the sale of a 410MW battery storage pipeline. The signing between the Climate Investment Fund, ReNew and KLP is a great example of this. “It ReNew has won three transmission projects in Karnataka to date. billion).

Energy 118
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Iron-air batteries to stabilise grid as coal plants shut down

Smart Energy International

Form Energy is partnering up with a US utility Xcel Energy for commercial deployment of its iron-air battery storage system. The 1GWh multi-day storage system will be used to integrate renewables and maintain grid reliability as retiring coal plants in two US states are shut down. Learn more at: [link].

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'Europe's largest': Zenobe plots 'pioneering' 100MW battery project near Chester

Business Green

Zenobe claims Battery will be largest grid-connected battery in Europe and first to absorb reactive power directly from a transmission network.

Europe 86