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500,000 smart prepayment meters for Bangladesh

Smart Energy International

The Bangladesh Rural Electrification Board (BREB) is to install 500,000 smart prepayment meters as part of an advanced metering infrastructure solution from Itron. In addition to laying the groundwork for a more robust and resilient grid, BREB should be enabled to connect customers’ smart home devices with Itron’s AMI solution.

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Factors driving the global smart meters market

Smart Energy International

A new report published by Research and Markets states that the global smart meters market will expand by 9% between 2021 and 2026 and highlights factors driving the market. billion in smart grid investments is expected to be made in the Asia Pacific between 2018 and 2027. billion to $30.2 billion to $30.2 Have you read ?

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Smart meters market to exceed $55.7bn by 2028 – study

Smart Energy International

The smart meters market is expected to surpass $55.7 Rapid expansion and modernisation of grid infrastructures along with growing awareness of energy conservation will propel the smart meters market scenario. • million by 2025 Gas and power prices continue to soar due to Ukraine conflict. Market factors.

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A Blockchain-Enabled Smart Meter for Clean Power Trading?

GreenTechMedia

Blockchain’s energy sector uses range from the highly speculative—think peer-to-peer energy trading using cryptocurrency raised in initial coin offerings (ICOs)—to more incremental efforts, grounded in real-world challenges of operating an increasingly decentralized power grid. are testing it out.

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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% Nuclear power generation also is expected to reach an all-time high, with growth averaging close to 3% per year.

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U.K. Solar and Battery Aggregator Social Energy Raises Cash, Plans Expansion

GreenTechMedia

residential energy aggregator Social Energy is planning international expansion after gaining multimillion-dollar backing from U.S. alternative investment manager CarVal Investors. The parties have not disclosed the amount involved beyond saying it represents “a significant investment.” Power Networks.

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BBOXX Lands $50M Led by Mitsubishi to Boost Off-Grid Solar in Africa, Asia

GreenTechMedia

BBOXX, a startup delivering pay-as-you-go solar PV plans to hundreds of thousands of African homes, has landed a $50 million investment led from Japanese industrial giant Mitsubishi, marking another major funding milestone in the off-grid solar market. billion of this investment has occurred over the past two years.