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Grid mod company raises $23M for power line construction, grid capacity

Smart Energy International

Infravision, a company focused on power grid modernisation with drone-enabled power line upgrades, announced it has raised $23 million in Series A financing. “We’re confident Infravision’s proven technology is the solution for today and for the future of power line construction automation and grid efficiency.”

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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.

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New York’s Con Edison invests $2.3bn into grid resilience

Smart Energy International

billion in infrastructure projects across New York City and Westchester County to keep power grid service reliable. In Manhattan, Con Edison is in the final construction phase of a multi-year project to create a new electrical network and increase capacity in the Midtown West area.

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The answer to AI’s energy needs could be blowing in the wind

The Verge: Energy

Data centers under construction in North America combined would need as much energy as all the households in the San Francisco metro area annually, according to a February report from real estate services company JLL. Electrifying homes, buildings, and vehicles puts more pressure on power grids.

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How batteries help keep Texas lights on during extreme weather

Smart Energy International

Batteries in ERCOT (Electric Reliability Council of Texas) played an essential part in keeping the lights on during extreme 2023 summer heat, freeing up more than 3GW of natural gas power plants during critical hours, finds research from Aurora Energy.

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A New Era Is Beginning for the Grid Edge. Is the Utility Industry Ready?

GreenTechMedia

Wood Mackenzie expects that North America could have nearly 650 gigawatt-hours of EV battery capacity by 2030, up from 97.5 As DER penetration grows, regulation and market constructs are evolving to accommodate these resources at scale. De-risking grid edge investment. gigawatt-hours today.

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Networked geothermal pilot project to be built in Boston, MA

ThinkGeoEnergy

The project was announced by Mayor Michelle Wu along with the Boston Housing Authority (BHA) and utility company National Grid. The project design is set to start in early 2024 and construction activity will commence by 2025.