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Hitachi Energy ramps up global transformer capacity with over $1.5bn

Smart Energy International

Hitachi Energy has revealed investments of over $1.5 The investments will gradually expand the company’s global transformer capacity by 2027 and will be spread across their operations in Europe, the Americas and Asia. billion to ramp up its global transformer manufacturing capacity to keep pace with growing demand.

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Vestas Ventures Makes First Investment With Wooden Tower Stake

GreenTechMedia

Wind turbine market leader Vestas has revealed the first investment made by its venture fund with a stake in Swedish wooden wind tower start-up Modvion. If successfully commercialized, Modvion’s solution would solve the transport problem, while also replacing carbon intensive-steel with what could be a carbon-negative alternative.

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GreenCom Lands Funding to Expand IoT Home Energy Controls in Europe and Beyond

GreenTechMedia

GreenCom Networks, the Internet-of-things platform provider that’s become a go-to for major European utilities to control solar panels, batteries, electric vehicle chargers and smart home energy loads, has landed another funding round with two new strategic investors that could open new markets. million customers.

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Technology Trending: REC transactions and energy consumption matching

Smart Energy International

EDF leads a proof-of-concept on automating renewable energy transactions and Eurelectric’s study on the benefits of matching energy consumption with clean energy on a (near) real-time basis are on the week’s technology radar. Have you read?

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A global forum to catalyse India’s clean energy transition

Smart Energy International

Narendra Modi’s clarion call for becoming ‘AatmaNirbhar’ in energy sector, DISTRIBUTECH India 2022, together with POWERGEN India and Indian Utility Week, India’s leading Energy Business Platforms, will be organised from 12th-14th October 2022 in New Delhi, India. Have you read?

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€10 million for I&C behind the meter energy storage in UK and Ireland

Smart Energy International

Irish flexibility aggregator GridBeyond is to install behind the meter energy storage at its UK and Ireland customer sites. million) is a phase one commitment from Triodos Energy Transition Europe Fund and marks the first step in a collaboration with the potential to expand into other global markets. The €10 million ($11.3

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Local Leaders and mayors call for power shift to meet net zero

Envirotec Magazine

A communiqué signed by UK mayors and local leaders calls for a ‘power shift’ from Whitehall so that local and regional authorities can deliver Net Zero. Call for powers and resources to shape local energy markets, decarbonise transport, and tackle emissions from homes and offices. Addressing energy market failure.