Smart grid wins: Around the world (and at home)
By: SGN Staff
By Doug Peeples
This week’s smart grid wins highlights the global reach of smart grid vividly. It also illustrates the variety of technologies and services, as well as the business and finance side of the sector.
Siemens has installed the HelWin1 offshore platform in the North Sea, marking the completion of a stage in German grid connection projects. HelWin1 will link the two offshore wind farms Nordsee Ost and Meerwind to the mainland. Using the Siemens technology installed on the platform, the alternating current power generated by the wind turbines is transformed into low-loss direct current for transmission onto land. Starting next year, this will enable the network operator and purchaser TenneT to supply clean electricity to more than 500,000 German households on the mainland.
ABB also has been active in the North Sea. The company has installed the world’s highest-voltage offshore converter station in the North Sea. Alternating current electricity generated in three wind farms off the coast of Germany will be converted on the platform into high-voltage direct current (HVDC) for transmission to the mainland. The 320 kilovolts converter station has an 800 megawatt power transmission capacity making it the world's most powerful installation of its kind.
Milsoft’s Geographic Information System and Field Engineering has been chosen by the Florida Keys Electric Cooperative Association in Tavernier, Florida. Florida Keys ECA, a long time user of Milsoft Engineering Analysis, Outage Management System and Milsoft IVR Communications, is completing its Milsoft E&O System with the addition.
Elster Solutions has been selected to provide 60,000 smart meters for Memphis Light, Gas and Water. The $10.1 million project, approved by the Memphis City Council, will provide electric, gas and water smart meters for 24,000 starting later this year. Most of the homes are located in Memphis with the balance in the surrounding area.
FUNDING, PARTNERSHIPS, MERGERS & ACQUISITIONS
GridGlo, a leader in data-powered predictive science, announces that it has raised $1.1 million in new capital and has rebranded under the name TROVE Predictive Data Science. TROVE fuses an organization’s existing internal data with valuable external data sources and applies its state-of-the-art predictive science to help customers uncover new opportunities to monetize data and drive innovation. The capital infusion comes from new strategic investors as well as existing investor and TROVE partner CUBRC, Inc., a research organization with deep data fusion expertise initially developed for the U.S. Department of Defense and other U.S. government agencies.
GE and XD Electric Group announced the official formation of a new global partnership combining GE’s world-class grid automation capabilities and global energy presence with XD Electric’s comprehensive portfolio of high-voltage (HV) power equipment. GE now owns 15 percent of XD Electric, a Chinese electric company, and holds one board seat. Another component of the partnership includes a joint venture with XD to offer customers in China GE’s localized grid automation equipment and services. GE and XD will offer end-to-end T&D solutions to meet the growing demand for electricity in emerging economies where demographic and urbanization trends are straining the current grid infrastructure, and provide customers in developed countries with HV solutions to modernize their aging grids with more efficient and reliable electric power systems.
Toshiba International Corporation announced the completion of its acquisition of Elettra Technology Incorporated. The new business will be named Toshiba Industrial Products Canada and will operate as a wholly owned subsidiary of Toshiba. The acquisition of Elettra is a strategic move for Toshiba to augment its strength in the electric motor marketplace and support the growth of its industrial and infrastructure business. This is the company’s first motor acquisition in its 138 years in the motors market.
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