in News Departments > New & Noteworthy
print the content item

Alstom Grid and Toshiba Corp. have signed a memorandum of understanding (MOU) under which they will discuss a complementary partnership in the smart grid business.

Under the MOU, the two companies will investigate cooperation and comprehensive collaboration, drawing on their respective capabilities in smart grid technologies and know-how. The companies say the goal is to realize wide-ranging electricity-management solutions that can be applied in diverse regions and environments to achieve consistent outcomes and support secure energy supply.

Through this collaboration, Alstom Grid and Toshiba expect to develop systems that support wide-scale integration of renewable energy sources into the grid and help to bring down the cost of power. They will also consider how best to promote the smart grid business globally.





Hse SandyHook
Latest Top Stories

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.


New Study Underscores Value Of Customer Engagement, Ranks Most-Trusted U.S. Utilities

According to the report, which analyzes 125 utilities across the country, earning a customer's trust can lead to monetary gains.


Washington State Doles Out Cash For Utility Energy Storage Projects

Three utilities have been awarded millions of dollars in grants to explore energy storage technology that could help integrate renewable and improve the power grid.


Utilities Reveal Just How Much Customers Are Saving With Energy Efficiency Programs

Two U.S. utility companies have issued progress reports and solid numbers regarding their respective initiatives.


Middle East And North African Countries To Spend Billions On Smart Grids, Solar Integration

According to a new report from Northeast Group LLC, the MENA region will make big investments to modernize the grid and add more solar power by 2024.

S&C Electric_id176
edf_id180