In the next 5 months, BORG Energy India plans to roll out renewable energy to about 18,000 homes in northern India as part of a $45 US million investment in India’s market for rural electrification and EPC (engineering, procurement and construction). The energy will be provided by BORG Astra Plus Home Series, a Range of fully loaded micro solar power plants, specially designed to meet the energy needs of domestic households.
With a market value over US$9 billion, the Asia Pacific (APAC) region is ripe for smart home solutions and services. This is according to a new study by MarketsandMarkets; which estimated the region’s smart home market to grow at a Compund Annual Growth Rate (CAGR) of 16.73 per cent over the next seven years. The global market is estimated worth over US$51 billion and a CAGR of 17.74 per cent.
For its new Hanging Gardens housing project in Koramangala, Bengaluru, Prisha Properties has linked up with Surmount Energy to offer home automation as part of the home build. Using their BuildTrack Smart suite of Home and Community Automation Solution Surmount plans to enhance the Safety, Security, Comfort and Convenience within the properties.
IEEE Standards Association (IEEE-SA), a globally recognized standards setting body within IEEE, today officially introduced its globally reputed project, the "IEEE P2030TM Draft Guide for Smart Grid Interoperability of Energy Technology and Information Technology Operation with the Electric Power System (EPS) and End-Use Applications and Loads", in India. Interoperability has been one of the key concerns in building a Smart Grid in India, like in many other regions of the world and the project aims to address this.
IEEE Standards Association (IEEE-SA), a globally recognized standards setting body within IEEE, today officially introduced its globally reputed project, the "IEEE P2030TM Draft Guide for Smart Grid Interoperability of Energy Technology and Information Technology Operation with the Electric Power System (EPS) and End-Use Applications and Loads", in India. Interoperability has been one of the key concerns in building a Smart Grid in India, like in many other regions of the world and the project aims to address this.
Enabling India to implement the Smart Grid and embrace renewable energy is at the top of the agenda at the upcoming Smart Energy India conference and exhibition which takes place in New Delhi from 1-2 February. Some of India’s most respected power professionals as well as global metering technology experts are meeting in what is considered the country’s top smart grid forum.
Telvent GIT, a leading real-time IT solutions and information provider for a sustainable world, announced today that Telvent and Schneider Electric have entered into an agreement under which Schneider Electric will launch an offer to acquire all Telvent shares at U.S. $40.00 per share. In connection with the transaction, Abengoa has irrevocably agreed to tender its 40% stake in Telvent to Schneider Electric in the offer. The transactions are subject to certain conditions, including approvals of European and U.S. competition authorities and other material conditions.