OVO invests in energy tech start-up Electron
OVO has invested in energy technology firm Electron, teasing that it is the first in a series of strategic investments.
Articles tagged with: IOT
Centrica sets sights on domestic energy flexibility with new investments
Centrica has made investments in two cutting edge energy tech firms as it targets a more concentrated domestic energy flexibility business.
Enel turns to AI software provider C3 to unleash a ‘new era’ of operational efficiencies
European utility Enel has turned to AI software provider C3 to work as a strategic partner of big data platforms and applications across the entire business in a move which it says will strengthen its position at the top of the energy transition.
Verv lands innogy backing to fund global expansion
Energy giant innogy’s International Middle East (IME) division has invested £500,000 in UK energy tech start-up Verv.
Siemens to deliver virtual private wire network for Oxford University
The University of Oxford is to test the capabilities of a Virtual Private Wire Network (VPWN) to manage the energy use of 400 buildings currently linked together on a micro-grid via a private wire network.
E.On partners Microsoft for 'next step in smart home technology'
E.On is to release a new smart home technology platform allowing households to aggregate the data and capacity of their electrical devices to manage their energy consumption and even trade it on the market.
Centrica sets ambitious targets for decentralised divisions as group profits slide
Centrica has set ambitious targets for divisions focused on the energy transition after it recorded a slump in H1 operating profit.
Energy sector has ‘great to deal gain’ from industrial IOT but hurdles await
Energy companies could boost turnover by an average of 9% - equivalent to around US$217 million (£164 million) – over the next five years by adopting industrial internet of things (IIOT) technologies, but face numerous hurdles.