PowerStream and Korea Electric Power Corp. (KEPCO) are pushing their partnership to new levels. The two companies inked a memorandum of agreement (MOA) to collaborate on four projects in smart distribution and microgrids over the next three to five years.
Icontrol Networks is partnering with mnubo to bring cloud-based analytics to the smart home environment. The concept is to bring advanced data-driven services that accelerate a customized intelligent home experience.
Energate Inc. is integrating On-Ramp Wireless’ communications protocol into its Consumer Connected Demand Response (CCDR) Platform. The new integrated product offering enables utilities to use their existing DR management system, leverage Energate’s load management software or rely on third-party applications.
Redline Communications has secured a contract to double the size of a wireless network to help automate operations at an oil field in Argentina. The network will provide the remote monitoring of well heads and collection and separation facilities in addition to being able to carry voice, data and video traffic.
Venture capital funding in 2014 for smart grid companies saw a decline in overall levels compared to 2013, according to Mercom Capital Group. The company says 2014 VC funding came in at $383 million, down slighting from the 2014 figure of $410 million.