in News Departments > New & Noteworthy
print the content item

Toshiba Corp. has acquired a 76% interest in cyberGRID GmbH, an Austrian developer and provider of virtual power plant (VPP) solutions.

Toshiba says the purchase makes cyberGRID a subsidiary, positioned to enhance Toshiba Group's smart community business in Europe, where progress in introducing renewable energy is driving a need for power management technology. Toshiba notes past strategic acquisitions include Consert Inc., a U.S.-based energy management company, and smart meter company Landis+Gyr.

"cyberGRID's cutting-edge VPP business and technology will be a key solution for Toshiba's smart community,” says Toshiba’s Ryuji Maruyama. “ It overarches energy efficiency facilities on the demand side and smart grid components on the supply side. When integrated with Landis+Gyr's smart metering solution, it gives utilities the ability to develop advanced services for consumers.”


Hybrid Energy Innovations

Hybrid Energy Innovations 2015
Latest Top Stories

Smart Grid Interest Continues To Spread Among U.S. Rural Utilities

A new survey gauges rural smart grid efforts across the country and offers key findings, one of which is that nearly all utilities polled are doing something to modernize their systems.


Global Smart Grid Tech Revenue Slated For Solid Growth

According to a report from Navigant Research, annual revenue for smart grid technologies will reach over $70 billion within the next 10 years.


Utilities Partner With Energy Storage To Harness Renewables

As utilities struggle to incorporate the increased use of intermittent renewable energy resources, such as solar and wind power, onto the grid, the power providers are looking to energy storage.


Smart Meter Fire Probe Points To Sensus Design 'Shortcomings'

There has been more fallout in Saskatchewan: An investigation into SaskPower's halted smart meter program says Sensus Generation 3.3 units "have a tendency to leak" and the utility mishandled the rollout.


Two Years After Superstorm Sandy, Utilities Highlight Grid Efforts

As the U.S. reflects on the monster hurricane that struck in October 2012, utilities note what they have done to help protect against future severe weather.

S&C Electric_id176
edf_id180