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

Smart Energy International

The Indian scheme was awarded in fiscal year 2022 and covers the construction of a new 400/220kV substation at Koppal along with 144km of 400kV direct current transmission line with extension of the 40kV GIS Bays at the PGCIL (Power Grid Corporation of India Ltd) Narendra substation. Also from Smart Energy Finances: E.ON

Energy 118
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Smart Energy Finances: Shell to reportedly sell sonnen

Smart Energy International

This week’s Smart Energy Finances looks at the reported sale of German virtual power plant and battery energy storage developer sonnen by Shell as a part of its retail divestment strategy. So far, sonnen has had a very strong 2023 with an expected turnover of €450 million ($482 million). billion ($1.4 billion) and €1.8 billion ($1.9

Energy 69
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Smart Energy Finances: Hitachi Energy acquires eks Energy

Smart Energy International

As the world transitions to more renewable energy sources, the global demand for battery energy storage systems (BESS) continues to surge and is expected to grow more than 20% per year through 2030, states Hitachi Energy, citing Bloomberg New Energy Finance’s (BNEF’s) 2023 Energy Storage Outlook.

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AES demonstrates dynamic line rating in Indiana and Ohio

Smart Energy International

The deployment by grid technology company LineVision includes 42 LUX non-contact sensors and forms part of a joint project to assess how grid-enhancing technologies may increase the transmission capacity on the existing power grid. Join Enlit Europe in Paris. Have you read? Register now

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Smart Energy Finances: CPower closes Centrica demand response acquisition

Smart Energy International

billion energy acquisition of Con Edison business assets, expansion into Europe of an online renewable asset trading platform, a new electric vehicle (EV) initiative from SMS to ease financial constraints for UK businesses and an IIoT acquisition by an energy tech designer. Renewables asset online platform expands into Europe.

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Smart Energy Finances: Global equity funds acquire Energy Exemplar

Smart Energy International

Also on the radar is the launch of AI software company Rhizome, a climate resilience planning platform for the power grid. The company, known for its energy market simulation software, is calling the acquisition a move to scale up and improve its platform in support of grid reliability and the energy transition. “The

Energy 64
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Smart Energy’s Power Playbook: Revving up the V2G market

Smart Energy International

The systems involve electric-powered vehicles communicating with the power grid to sell demand response services, usually overseen by a third party, such as energy retailers or aggregators.