Posts tagged “smart grid”

Updated 4:52 a.m. Wednesday

Smart grid firm moving HQ to Cary from Silicon Valley, bringing 130 jobs

A smart grid software and communications company plans to move its headquarters from Silicon Valley to Cary, bringing 130 jobs to the Triangle, officials said Tuesday.

Updated April 13

Duke Energy upgrade project to create 14K jobs a year

DUKE ENERGY LOGO Duke Energy has launched its Power/Forward Carolinas project -- a $13 billion, 10-year program to modernize the state's electric system. It says the initiative will result in nearly 14,000 new jobs a year and more than $1 billion in tax benefits to communities.

Updated March 6

Premium Lock Energy storage firm adding 200+ jobs in $251M Concord expansion (+ video)

​Alevo Group S.A., a Swiss-based energy storage company, will add more than 200 jobs to its manufacturing facility in Cabarrus County as part of a $251 million expansion. Plus: Watch a video about the company's technology.

Updated February 13

Premium Lock Atom Power lands Siemens investment

Charlotte-based Atom Power, a company focused on solid-state power distribution technology,has secured an equity investment from Siemens, which has a major presence in Charlotte. The amount of the investment was not disclosed.

January 31

Premium Lock As fiber expansion continues AT&T gears up for ultra-fast AirGig trials

Project AirGig - utilizing patented technology to transmit data at fiber-like speeds over power lines - is coming closer to reality at AT&T with "at least" two trials coming this fall. Meanwhile, the communications will continue expanding its fiber network in the Triangle and elsewhere while also testing next-generation wireless broadband (5G).

Updated January 25

Premium Lock Cree stock surges after Street beat; Wolfspeed spinoff nears

Cree logo  Cree beats Wall Street expectations on revenues and earnings, sending its stock up nearly 6 percent in after-hours trading Tuesday. Meanwhile, the Durham LED giant also says it's moving closer to selling off its Wolfspeed power technology business.

Updated December 6, 2016

Premium Lock Green energy: Google hits renewable goal; first offshore wind farm nears launch

Google says it is hitting its use of renewable energy goal on the same day that the first offshore wind farm in the U.S. nears operational status. These reports have N.C. impact. Google and Apple both operate data centers in North Carolina, and the state is considered a prime candidate for wind power. Here's a wrapup on the latest developments.

Block Island wind farm construction Block Island wind farm construction

Updated December 6, 2016

Premium Lock Research Triangle Cleantech Cluster names executive director

Susan Sanford is the new executive director of the Research Triangle Cleantech Cluster, replacing Jennifer Bosser who recently resigned.

Cleantech Cluster logo Cleantech Cluster logo

Updated October 5, 2016

Premium Lock ABB to keep Power Grids unit which employs 500 in Raleigh

ABB, the international power and technology company that employs hundreds in the Triangle, says it will keep its Power Grids business unit rather than spin it off. That group has a huge presence in Raleigh, including a center of excellence for smart grids.

ABB keeps Power Grids unit ABB keeps Power Grids unit

October 5, 2016

Premium Lock Inside ABB's reorganization: A look at its 4 'entrepreneurial divisions'

International power and tech giant ABB, which has a substantial presence in the Triangle, on Tuesday unveiled a massive reorganization. The reorg also means that the Swiss-based company will keep its Power Grids unit, which has 500 employees at NCSU's Centennial Campus. Here's a look at what ABB calls its four "entrepreneurial divisions."

ABB is keeping power grids business ABB is keeping power grids business

September 8, 2016

Premium Lock Climate exec praises Triangle for Cleantech Cluster efforts

Cooperation and collaboration between government, academics, and private industry is the "Triple Helix" of successful cleantech projects, and the Research Triangle is "good at forging partnerships," an international expert told the annual meeting of the Research Triangle Cleantech Cluster on Wednesday. Nearly 11,000 jobs have been created and $1.3 billion invested in cleantech across the region since 2009. But RTCC chair notes: "We have a long way to go."

Clean Edge’s U.S. Clean Tech Leadership Index Clean Edge’s U.S. Clean Tech Leadership Index

Updated August 15, 2016

Premium Lock Smart metering tech firm Sensus being sold for $1.7B (+ video)

Sensus, a developer and provider of smart metering technology which has a major operation in the Triangle, is being sold by its private equity fund owners to New York-based Xylem in an all-cash deal valued at $1.7 billion.

Updated August 4, 2016

Premium Lock Hacking smart lighting, stealing PINs, point of sale hacks: News from Black Hat 2016

Black Hat Thousands of hackers and other cybersecurity professionals converged on Las Vegas this week for the annual Black Hat conference. Among the interesting topics: Can smart bulbs and smart lighting systems be hacked?

May 19, 2016

Premium Lock Report: Raleigh smart metering firm Sensus could be sold

Sensus  Raleigh-based Sensus USA, a provider of smart water and electric meters for utilities, is for sale and could bring as much as $1.7 billion, according to a news report.

May 10, 2016

Premium Lock Southern Company closes $425M PowerSecure deal

PowerSecure Southern Company assures that the management team of PowerSecure and its corporate headquarters will remain in Wake Forest. The $425 million acquisition closed Monday after PowerSecure shareholders approved the deal last week.

Updated April 29, 2016

Premium Lock RTP headlines: AgBiome opens new facility; NC leads in grid storage; PRA beats Street; MaxPoint reverse split

Triangle headlines In our latest wrapup of Triangle headlines: AgBiome moves into new headquarters in RTP; a North Carolina utility takes the lead in power grid storage; PRA Health Sciences earnings tops analysts expectations; and MaxPoint pulls off a reverse merger.

Updated April 29, 2016

Premium Lock SAS: IoT, machine learning are transforming utilities

Power grid A new white paper from SAS reports that the Internet of Things and machine learning are transforming the nation's utilities industry as they seek to build an ever-smarter grid for services delivery.

April 4, 2016

Premium Lock Orders for lower-price Tesla continue to climb + 2 graphical views

Interested in the new Tesla? You aren't alone. Demand for Tesla Motors' new lower-priced electric car continued to climb over the weekend with pre-orders rising to 253,000. Plus, we have two graphical views of the new model as well as the evolution of the startup's product lineup.

The new Tesla   The new Tesla

Updated February 25, 2016

Premium Lock So how does a CEO tell employees the company has been sold?

Wednesday came to a powerful close for employees at PowerSecure in Wake Forest with the news that the power distribution and technology firm had been sold to Southern Company for $31 million. That's double the company's market cap. How did workers find out? A letter from their boss, CEO Sidney Hinton. Read what he had to say.

PowerSecure execs celebrate 15th birthday at NYSE PowerSecure execs celebrate 15th birthday at NYSE

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