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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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China 2022 best system assembly solution schemes

Smart Energy International

Over nine hundred companies of production chain took part in the event, including industrial executive institutes, scientific research organizations, power grid enterprises, power generation firms, system assembly providers and financial institutes. Special Forums. Read more from Shenzhen CLOU.

Oceania 52
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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 fund is earmarked to oversee the management of up to 500MW of battery capacity in the ERCOT (Electric Reliability Council of Texas) and CAISO (California Independent System Operator) markets.

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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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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US energy storage market installed more than 12K MWh in Q4 2023

Smart Energy International

New additions of 3,983MW of new capacity represent a 358% increase compared to the same period in 2022. These additions bring with them critical benefits to our power grid. Energy storage has unique capabilities to address grid resilience, with the ability to serve as generation, load, and transmission. Have you read?

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US energy storage market installed more than 12K MWh in Q4 2023

Smart Energy International

New additions of 3,983MW of new capacity represent a 358% increase compared to the same period in 2022. These additions bring with them critical benefits to our power grid. Energy storage has unique capabilities to address grid resilience, with the ability to serve as generation, load, and transmission. Have you read?