Posts tagged “smart grid”
In the marketplace, they compete fiercely for market share and profits. In the Research Triangle Region of North Carolina, they collaborate with equal ferocity to create the smart, clean technologies of the future. And they're paying $75,000 each for the privilege. They are the founding members of the Research Triangle Cleantech Cluster.
Wake Forest-based PowerSecure may soon be announcing a big utility deal, its CEO says, even as the power technology firm reports a big increase in revenues and earnings. So what's Sidney Hinton talking about?
Leaders of the Triangle region's rapidly growing cleantech industry cluster have written an exclusive three-part series for WRALTechWire. Part One focuses on the opportunity cleantech offers the regional economy and the companies and assets that make it a global hotspot for this important emerging industry.
The global fight over the wisdom of "green energy" may very well have hit a pivotal point right here in North Carolina. If a state under conservative Republican control can't repeal legislation that requires utilities to provide sustainable energy and also provides subsidies to the emerging industry then the march to a greener future is likely to continue.
Opinion: At the packed Sustainable Energy Conference in Raleigh, the potential of smart grid, transportation and water projects dazzles attendees. We have the elements in place and the determination to reach this goal, including the economic incentive for companies to capitalize on the issue. Through effective collaborations on projects, I am confident the Triangle will be a leader for the creation and installation of energy efficient and renewable devices and processes in our daily lives at work and at home.
Shares in PowerSecure, which focuses on a variety of energy products and services, surged Monday after the company said it is expanding its light-emitting diode business with the purchase of Connecticut-based Solais Lighting.
Speakers from across the country and companies representing the spectrum of green energy and cleantech will gather at N.C. State today through Wednesday for the 10th annual Sustainable Energy conference.
Inside PowerSecure earnings report: PowerSecure CEO Sidney Hinton isn't talking about price increases but decreases for distributed power generation systems in 2013 as he seeks to expand market share. He's "praying" for downward pressure on pricing and upward pressure on margin.
PowerSecure is growing its business offerings by acquiring a unit of Lime Energy for $1.9 million in cash. The Wake Forest-based company also is assuming $3.7 million in liabilities for projects in progress.
The Research Triangle Cleantech Cluster, am organization created to promote and help grow the region's renewable, "smart" energy and other cleantech industries, has hired RTI to continue a study of the area's "smart" assets.
Elster, a manufacturer of various metering devices and a developer of smartgrid technology, says the bulk of its North American headquarters won't be affected but the company's decision to move 98 manufacturing jobs south of the border.
Opinion from Sensus CEO Peter Mainz: Water utilities and municipalities across the country are looking for ways to strike the right balance between consuming and conserving water. They must manage the rising costs of energy, capture lost water and revenue and support new customer service expectations.