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Xcel Energy to instal 260,000 smart meters in Wisconsin

Smart Energy International

Xcel Energy has announced the start of the rollout of smart electricity meters in its Wisconsin service territory. The installations will start in the company’s southern communities and will lead to the installation of more than 260,000 of the new smart meters in the service area through 2025. million electricity and 2.1

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Grid mod company raises $23M for power line construction, grid capacity

Smart Energy International

Infravision, a company focused on power grid modernisation with drone-enabled power line upgrades, announced it has raised $23 million in Series A financing. “We’re confident Infravision’s proven technology is the solution for today and for the future of power line construction automation and grid efficiency.” .

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Low carbon generation set to meet electricity demand growth – IEA

Smart Energy International

The IEA’s Electricity 2024 report records electricity demand growth easing in 2023 but is projected to accelerate over the next three years through 2026. The update finds that world demand for electricity grew by 2.2% in 2023, less than the 2.4%

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

Smart Energy International

The US energy storage market broke previous records for deployment across all segments in the final quarter of 2023, with 4,236MW/12,351MWh installed over the period. These additions bring with them critical benefits to our power grid. With a robust pipeline, the future for energy storage deployment is strong.”

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

Smart Energy International

The US energy storage market broke previous records for deployment across all segments in the final quarter of 2023, with 4,236MW/12,351MWh installed over the period. These additions bring with them critical benefits to our power grid. With a robust pipeline, the future for energy storage deployment is strong.”