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Smart Energy Finances: SparkMeter funding, Elia in the US and AI assisting investments

Smart Energy International

This week we look at a $5 million investment into SparkMeter, which provides grid management solutions tailored to emerging markets, an acquisition from Elia Group signalling their entry into the US and insights into how AI can assist with clean tech investments in a constantly changing market environment.

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Smart meters and smart grids key in SDG&E’s clean energy plan

Smart Energy International

San Diego Gas & Electric (SDG&E) has filed a $3 billion plan for the years 2024-2027 towards its ongoing clean energy drive. Among the major investments detailed is the implementation of the next generation of smart meters in order to give customers more control, access and insights into their energy usage.

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Greentown Labs Member Milestones — April 2024 

Greentown Labs

SWTCH Energy , which provides EV charging and energy-management solutions for high-density urban settings, raised a $27.2M Department of Energy (DOE) as part of the Advanced Energy Project Tax Credit (48C) program for its metal-refining facility in Fairfield, Ohio. tax credit allocation from the U.S.

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525,000 smart meter rollout planned for Rhode Island

Smart Energy International

Rhode Island Energy has got the go ahead for an almost 525,000 smart electricity meter rollout in the New England state. A key driver for the rollout is that approximately 60% of Rhode Island Energy’s electricity meters across the state are nearing the end of their design life and need to be replaced.

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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.

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Puerto Rico’s 1.5 million smart meter replacement get go ahead

Smart Energy International

Puerto Rico utility Luma’s smart meters will replace the almost 1.5 million meters that were damaged by Hurricane Maria in September 2017. Other benefits anticipated include faster service response and restoration times, support for new energy savings and efficiency programmes and more accurate invoicing and billing control.

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Technology Trending: What to look out for in 2024

Smart Energy International

Decentralisation, blockchain and AI, the future grid and the space race are some of the areas in which numerous advances have been made in 2023 and are set to continue during 2024. But for this one I have decided to take a forward look to 2024 – and would invite your feedback on its focus and style for the year ahead. Have you read?