Posts tagged “smart grid”
Sensus, one of the world's largest smart meter manufacturers, is acquiring smart grid data analytics startup Verdeeco, which is based in Atlanta.
Revenues have soared 67 percent at Wake Forest-based PowerSecure over the past year, and its order backlog is at a record $248 million. An emerging revenue driver is data center power services, which could have a "transformative" impact on the firm. And CEO Sidney Hinton says "the very best" people are driving sales. So what's he looking?
WRALTechWire exclusive: Four-year-old PoGens has come up with a way for businesses to turn back-up power generators into a new source of revenue. And international giant GE has bought in to the company's technology as an investor. So who are the leaders behind PoGens and what makes their technology so powerful? And what kind of jobs might the company be adding? WRALTechWire Insiders can access the full story.
North Carolina will focus its business recruiting efforts on 38 industries, including 10 specific clusters, as part of a new economic development plan that a group of business, political and education leaders officially turned into Gov. Pat McCrory Friday.
North Carolina's clean energy industry by the numbers: at least 570 companies employing more than 18,000 workers and generating revenue in 2013 topping $3.5 billion. Learn which sectors generate the most revenue and employ the most people.
Inside Cree's earnings: CEO touts Durham plant, says consumers are voting on bulb politics with their wallets
Cree Chairman and CEO Chuck Swoboda reported plenty of good news on Tuesday. New LED light bulb sales contributed to a record $415.1 million in revenue in the quarter, a 20 percent increase compared to a year ago. And in a conference call with analysts Swoboda touted Cree's manufacturing plant in Durham as being a key reason the company can help drive down future LED bulb costs. He also stays out of a political dispute about LED vs. traditional bulbs. "Consumers are already speaking," he says.
President Obama's announcement to invest $70 million in federal dollars in research through a consortium of universities and private sector firms led by NCSU delivered a jolt of good news to the Triangle's fast-growing cleantech industry. RTP has become a hub for greener energy research, and the head of the Research Triangle Cleanteach Cluster says the "Next Generation Power Electronics Innovation Institute" could bring more jobs as well as investment to the region.
The ups-and-downs of wind power triggered by the shifts in speed pose a threat to generators in power grids, but an NCSU researcher and a colleague at Johns Hopkins say they have devised a mean to smooth out demands of equipment.
Agilis Energy's analytics software makes enegy efficiency a visual experience. WRALTechWire Insiders can read more about the technology and Agilis's 2014 growth plans in this exclusive interview.
Itron, an international energy technology firm, that operates in more than 100 countries and has an office in Raleigh, has plans to grow its Triangle presence and affirms that commitment by joining the board of the Research Triangle Cleantech Cluster.
Itron, an international energy technology firm, that operates in more than 100 countries and has an office in Raleigh, commits $75,000 over three years to become a member of the board for the Research Triangle Cleantech Cluster.
ElectriCities of North Carolina and North Carolina Electric Membership Corp. are the newest members of the Research Triangle CleanTech Cluster. Each paid $15,000 to join.
PowerSecure has been chosen by one of the nation's largest utilities to do power grid work, a deal that could become PowerSecure's biggest ever. Read more about the deal.
The executive changes come as ABB puts more emphasis on integrating its many acquisitions and also expanding its portfolio in North America, the company's largest geography for business.
The Department of Energy selects N.C. State University to lead one of seven regional partnerships that it is creating to promote use of combined heat and power technology. The project aims to increase energy efficiency and help lower costs while cutting emissions.
Memphis Light, Gas and Water - the largest public provider of three utility services - picks Raleigh-based Elster to launch a smart grid contract. The first phase is worth $10 million and is an "exceptional" deal, an Elster exec tells WRALTechWire.