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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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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% However, the demand is expected to rise, growing by an average of 3.4%

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Smart Energy Finances: Strong grid tech props up Siemens Energy in Q1

Smart Energy International

Siemens Energy’s positive Q1 results due to the strong performance of its Grid Technologies and Transformation of Industry portfolios lead this week’s Smart Energy Finances analysis. Siemens Energy’s strong Q1 Revenue came in at €7.6 billion ($8.2 billion) reflecting a 12.6%

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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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Mississippi utility co-op deploys fiber network for broadband and smart grid connectivity

Smart Energy International

4-County Electric Power Association (4-County) in partnership with communications solutions firms DZS and Irby Utilities is expanding the rollout of a fiber network from pilot phase into full implementation. The fiber network is a foundation by the co-op to offer other smart city services as well.

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AES Ohio proposes next phase of smart grid advancement

Smart Energy International

AES Ohio is proposing to invest $682.7 At the foundation of the smart grid is smart meters and AES Ohio expects to have deployed these to 95% of customers by June 2025. With the successful deployment of smart meters and mid-line reclosers in phase 1, customers are benefitting from fewer outages and decreased restoration times.