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Posts tagged “smart grid”

May 19

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

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

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

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

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

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

Updated February 25

Premium Lock Wake Forest-based PowerSecure sells for $431M - double its market value

Power grid 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.

Updated January 26

Premium Lock Clean energy industry in NC adds 3K jobs, hits $7B in revenue

Jobs  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.

December 3, 2015

Premium Lock Google nearly doubles purchasing of renewable energy for data centers

Google goes more green for energy    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.

August 25, 2015

Premium Lock Exclusive Q&A: Why Jennifer Bosser took Triangle Cleantech Cluster job

Over the past five years, few names have been more associated with economic development in Wake County than Jennifer Bosser. But as of Sept. 1, Bosser will become the first executive director of the Research Triangle Regional Partnership's CleanTech cluster. Why is she taking the job? What's the mission?

Jennifer Bosser Jennifer Bosser

Updated August 24, 2015

Premium Lock Research Triangle partnership names COO, director for Cleantech Cluster

RTRP Lee Anne Nance is promoted to chief operating officer at the Research Triangle Regional Partnership, and Jennifer Bosser is named the executive director of the partnership's high-profile Cleantech Cluster program.

Updated August 19, 2015

Premium Lock A birthday salute: PowerSecure execs ring NYSE opening bell

Executives, board members and some guests celebrated the 15th anniversary of PowerSecure's launch by ringing the opening bell on the New York Stock Exchange today. Now that's a nice way to party ....

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

August 10, 2015

Premium Lock Led by Apple, NC lands $43M of $56M in federal solar loan guarantees

Solar energy      North Carolina solar energy projects have landed the vast majority of new solar project loan guarantees from the U.S. Department of Agriculture. Leading the way is a project at Apple's big data center in western N.C.

July 30, 2015

Premium Lock Solar tech firm Semprius turns to investors for $1.25M cash infusion

Durham-based Semprius is looking to raise cash from investors with a target of $1.25 million. How much has it raised so far? WTW Insiders find out.

Semprius' solar panel technology Semprius' solar panel technology

July 29, 2015

Premium Lock Twitter growth sputters; Yelp shares plunge; CommScope sales drop; CleanTech cluster grows

Bulldog In today's Bulldog wrapup of technology news: Twitter's slow user growth hurts; Yelp financials trigger share drop; CommScope sales fall from a year ago; and the Triangle Cleantech cluster adds a new member.

June 11, 2015

Premium Lock Debate over renewable energy in NC continues as tax credit set to expire

Solar energy The ongoing battle over renewable energy standards and solar energy continued Wednesday as a 35 percent state tax credit designed to energize the industry is set to expire at the end of the year.

Updated June 8, 2015

Premium Lock Cree lands $1.5M, RTI International $450k for federal lighting research projects

Green energy Cree and RTI International will embark on new Department of Energy research projects into solid-state lighting after landing grants of $1.5 million and $450,000 respectively. But each organization is also contributing to project costs.

June 8, 2015

Premium Lock New RTI project targets LED-based color tunable lighting for schools

RTI International RTI International is aiming to develop less expensive lighting for schools that also will be "color tunable" under a federal grant project announced Monday.

Updated June 4, 2015

Premium Lock Google defends self-driving cars; Sensus Smart Gateway; Showtime streaming; Yahoo to stream NFL game; electric trucks?

Bulldog In today's Bulldog wrapup of technology news: Google defends its driverless cars experiment; Sensus unveils a "Smart Gateway" for utilities; Showtime joins the streaming trend; Yahoo wins rights to stream an NFL game; and Tesla co-founder wants to electrify trucks.

Updated May 7, 2015

Premium Lock Hospira layoffs start in July; PowerSecure shares surge; mobile search now No. 1; drones can spray crops; Netflix vs. AT&T deal

Bulldog In today's Bulldog wrapup of technology and life science news: Layoffs at Hospira's plant in Clayton will begin in July; PowerSecure shares surge after earnings report; mobile search tops PC search for first time; drones can now spray crops; and Netfix says the FCC should oppose the AT&T-DirecTV deal.

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The Skinny: A Blog by Rick Smith