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.”



Hse SandyHook
Latest Top Stories

DOE Report: U.S. Wind Power Prices Reach All-Time Low

According to the U.S. Department of Energy (DOE), wind power continues to play a larger role in the U.S.' energy mix and is the cheapest it has ever been in the country.


Survey Reveals What U.S. Consumers Expect From Their Utilities

GE's new survey measures Americans' views on the state and future of the grid, as well as how much extra consumers would be willing to pay for better power reliability.


How A GIS Can Help Utilities Address The Aging Workforce And Capitalize On Data

Baby Boomers, whose experience and know-how have served the utility industry so well for decades, are retiring. The author suggests utilities can use a geographic information system (GIS) to fill in resultant knowledge gaps.


Sensus Smart Meters Tied To More Overheating Incidents And Fires

SaskPower is investigating two new meter failures, and Portland General Electric is working to replace 70,000 Sensus units amid fire concerns.


SaskPower Halts Smart Meter Installations Following Fires

The Canadian utility has suspended its smart meter deployment as it investigates half a dozen fires associated with the meters.

S&C Electric_id176
edf_id180