Silver Spring pumps another $15M into smart grid tech

Silver Spring pumps another $15M into smart grid tech

Silver Spring Networks, a company that wirelessly connects residential smart meters with utilities, has added another $15 million to its now $90 million fourth round of funding, reports VentureWire. Open since October, the round will help the company expand and bring more utilities into its… Continue Reading

GridPoint lands more funds for smarter utility use

GridPoint lands more funds for smarter utility use

GridPoint, one of the largest companies in the emerging smartgrid sector, announced that it has brought in an undisclosed sum from Craton Equity Partners. Already working with several investor-owned utilities like Duke Energy Corp. and Xcel Energy, GridPoint says its system automatically manages energy loads… Continue Reading

DOE and X Prize pledge $150M in new clean technology grants

DOE and X Prize pledge $150M in new clean technology grants

The U.S. DOE will invest up to $50 million in nine electric grid efficiency demonstration projects over the next 5 years, an an effort to reduce peak load demand in ways that could prevent the need for more power plants.

These so-called Renewable and Distributed Systems… Continue Reading