By the end of the decade almost all of British homes are supposed to get smart, digital, connected utility meters installed. And the plan is seeing some large contracts handed out to vendors like Landis+Gyr and Telefonica.
Meter giant Landis+Gyr has snapped up smart meter data management company Ecologic Analytics, the companies announced on Tuesday. Ecologic Analytics has been around for over a decade, and Landis + Gyr was already a minority shareholder in the firm. Terms of the deal were not disclosed.
Cleantech venture investments dropped by a third in the second quarter of this year compared to the same quarter last year, according to the Cleantech Group. However, energy efficiency technologies such as LED lighting and energy management software are still getting some love from private investors.
It’s official. On Thursday, Japanese electronics giant Toshiba said it plans to acquire Swiss smart meter company Landis+Gyr. The deal will turn Toshiba, already a huge player in power and grid systems, into a sizable smart grid contender.
Sensus is the only one of the big five smart meter giants using a licensed star network, rather than an unlicensed mesh network, to connect smart meters. Now it has $675 million in debt financing to expand that technology.
Landis+Gyr is on the auction block, and big smart grid suitors like General Electric, Toshiba and Honeywell ABB are rumored to be interested in paying $2 billlion-plus for the smart meter giant. Strategic buyers could find value by integrating into their own lines of business.
Greentech feels like it’s hit a slump recently, but as Saul Griffith recently said: the future of the planet needs to sound awesome for kids, while also combined with science-based realism. Here’s 7 reasons why I’ve been worried lately, followed by 7 things to still get excited about.
Utility PG&E has hit another snag with its smart meter roll-out. This afternoon, the company announced it will replace 1,600 of its smart meters, which were manufactured by Landis+Gyr, because of a defect that causes the miscalculation of customer energy bills.
A study has found that Southern utilities could be able to pay back the costs of smart meters a lot faster and more easily than East and West coast utilities. How do regional grid differences play out in real life?
Brazil hopes to install 62 million smart meters by 2020, and companies like Silver Spring Networks, Landis+Gyr and Echelon are targeting the market.