Posts tagged “smart grid”
'‘Envision Charlotte:' Cisco, Duke launch energy savings campaign
The networking gear giant and utility firm are teaming with Charlotte Center City Partners in $5.3 million program that sets a goal of reducing energy use by 20 percent over next six years.
ABB picks NCSU for $10M ‘Smart Grid’ center, to add jobs
The company, which focuses on power and automation technology, is establishing a “Smart Grid Center of Excellence” at NCSU’s Centennial Campus. ABB is looking for additional engineers, scientists and power grid technicians.
ABB, GM to seek uses for discarded electric vehicle batteries
The lithium-ion packs from GM’s Chevy Volt cars could be utilized in smart grids.
Cisco to acquire smart-grid applications developer
On Wednesday, Cisco sealed a partnership for smart grid development with a smart meter manufacturer.
Cree, ABB land $7.9M in federal funds for energy projects
ABB project focuses on superconducting magnetic energy storage for power grids. Cree will work with NCSU, ABB and others on light-weight electrical substations.
Cleantech investments surge 43% in second quarter with solar leading way
New report says investments in first six months of the year set a record at $4.04 billion.
Raleigh-based smart grid firm Consert raises $17.7M
GE Energy Financial Services, Qualcomm, Verizon Ventures, Constellation Energy and other private investors lead funding. Consert, which offers services through software-as-a-service model, has worked with IBM on pilot programs.
‘Ghost consumption’ is target of Raleigh smart grid tech firm Consert
In pilot programs, Consert’s technology enables consumer and commercial customers to reduce their utility bills by monitoring and controlling power consumption on demand remotely.
Duke Energy, Cisco to deploy, test smart grid home energy management system
Cisco rolls out a Home Energy Management Solution that it says will help consumers and utilities take advantage of smart grid and appliance technologies.
Utility companies to focus on ‘smart grid’ at Raleigh conference
Progress Energy CEO to address the IBM Global Intelligent Utility Network Coalition event.
Duke Energy ready to move ahead with ‘smart grid’ projects
The Charlotte-based utility signs an agreement with the Department of Energy for $204 million in federal funding. Duke is committing more than $850 million of its own for projects.
Smart grid, LED businesses generate profits for PowerSecure
Wake Forest-based energy technology firm tops Street expectations of earnings. The company also looks to raise $100 million for possible acquisitions and investments plus capital.
PowerSecure invests $24M in two LED business buys
The Wake Forest-based provider of power solutions, such as smart grid technology, buys a manufacturing firm in Morrisville. It also will assume 100 percent ownership of an LED firm. The two deals include $4.4 million in cash and stock worth $20 million.
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MedCity
- Wireless energy cardiac implant technology “gamechanger” in Penn State licensing deal
- Hepatitis C, liver cancer research at UNC secures $2.3M federal grant
- Minimally invasive spinal product firm raises $25 million in Series C round
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- New partnership could boost CoverMyMeds’ health insurance customer base



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