Posts tagged “smart grid”
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.
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.
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).
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.
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.
Susan Sanford is the new executive director of the Research Triangle Cleantech Cluster, replacing Jennifer Bosser who recently resigned.
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.
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."
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."
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.
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?
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.
RTP headlines: AgBiome opens new facility; NC leads in grid storage; PRA beats Street; MaxPoint reverse split
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.
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.
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.
Southern Company has agreed to buy Wake Forest-based PowerSecure, a provider of power management technology, in a deal worth $431 million. The price is nearly double the smaller company's stock value.
Despite the expiration of North Carolina's renewable energy tax credit last year, the clean energy industry in the state experienced tremendous growth, with double-digit gains over 2014 in both jobs and revenue.
Just two weeks after disclosing plans to purchase more renewable power from Duke Energy in North Carolina, technology giant Google on Thursday said it has signed six contracts with power providers that will nearly double its green power efforts to run data centers.