Despite layoffs and business model changes, Smart Grid News’ Jesse Berst thinks home energy startup Tendril is in a good position for growth.
Comverge, one of the largest demand response providers in the U.S., announced on Monday that it has agreed to a $49 million buyout by an affiliate of private equity firm H.I.G.
After the great market sell-off yesterday, stocks are rebounding slightly on Tuesday, including many of the greentech stocks that took a beating yesterday. But most of them are only up slightly. Here’s the latest:
California’s groundbreaking set of rules on utility customer energy data are facing comment from the smart grid industry this week, and there’s still plenty of confusion over the fine print. In short, CPUC’s rules will need to change to avoid stifling the smart grid-home energy marketplace.
EnerNOC spent a lot of money on acquiring companies in the first quarter, and it showed in the U.S. demand response leader increased revenues and growing losses for the first quarter.
Quiet smart grid player Digi International is already providing networking for some of the best-known names in the industry, and it’s aiming to move into the emerging world of cloud-based smart grid services and applications as well.
The federal grid regulator has ruled that the “negawatts” delivered by demand response companies deserve the same market prices as megawatts of generated energy — a ruling that could pay huge dividends for the demand response industry.
U.S. demand response leader EnerNOC took time during its Wednesday year-end conference call to defend itself in a market rules dispute with big customer PJM, saying the grid operator wants to “underpay” EnerNOC for its negawatts.
The annual smart grid event Distributech kicked off in San Diego Tuesday morning and — as expected — it’s unleashed a whole series of news from smart grid-focused firms. Here are 10 trends and news bits out of Distributech this morning.
General Motors has been talking for years about using its OnStar system to hook up the plug-in Chevy Volt to the smart grid and this week gave a peek into how that might happen in partnership with demand response player Comverge.