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Smart Energy Finances: CPower closes Centrica demand response acquisition

Smart Energy International

Centre stage in this week’s Smart Energy Finances is the closing of an acquisition by CPower. The DER company has acquired Centrica’s demand response division, bolstering their DER capacity from 5.6GW to 6.3GW. CPower closes Centrica demand response acquisition. Other stories of note include RWE’s $6.8

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Tackling the energy transition with a grid that can sense, think, and act

Smart Energy International

Why do renewables such as distributed energy resources (DERs) present such a challenge? The hard truth is that the majority of electric grids were not originally designed to accommodate DERs, writes Dominique Verhulst, head of the Energy Segment at Nokia’s Network Infrastructure Group.

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Smart Energy’s Power Playbook: Revving up the V2G market

Smart Energy International

In this debut of the Power Playbook, our spotlight on the finance and investment side of the energy transition, Yusuf Latief investigates how Vehicle-to-grid (V2G) tech is becoming a burgeoning market space ripe with investment opportunities. This is what has caught our eye. The rest of the process is automated.

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Managing power grid complexity: The 5 biggest priorities for utilities in 2024

Smart Energy International

In today’s distributed energy system, managing power grid complexity is challenging. But grid operators are often handling these changes with an ageing infrastructure that wasn’t built with a distributed energy system in mind. What is grid orchestration and why is it critical in 2024?

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Eavor publishes 4-year update on Eavor-Lite demonstration project in Canada

ThinkGeoEnergy

Operating since 2019, Eavor-Lite is a full-scale demonstration project of a multilateral closed-loop geothermal system that is currently being developed at a commercial scale in Geretsried in Bavaria, Germany. The laterals are approximately 1700 meters long and have been drilled within the Rock Creek formation at 2400 meters depth.

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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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Swell Readies Up To $450M in Financing for Solar-Plus-Battery Virtual Power Plants

GreenTechMedia

Swell Energy has lined up $450 million in financing to give homeowners and business owners batteries and solar systems at no upfront cost, and earn the money back by turning them into virtual power plants serving utilities’ grid needs. Ares Management Corp. Ares Management Corp.