Topic: grid modernization
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UtilityAI Pro: The First Vertical AI Platform for Energy Insights
Bidgely launched UtilityAI Pro, a specialized AI platform for utilities that offers ten times greater data granularity and detailed insights into customer behavior and grid performance. The platform addresses security concerns by integrating directly into utilities' existing data infrastructure, ...
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Investors Are Betting Big on Solid-State Transformers
A new generation of intelligent solid-state transformers is emerging, replacing passive hardware with power electronics to give grid operators unprecedented control and improve resilience. These devices act as sophisticated power routers, managing electricity from diverse sources and converting b...
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12 Investors Predict Climate Tech's 2026 Future
Climate tech investment remained resilient in 2024, defying downturn predictions due to the urgency of the climate crisis and the improved cost-effectiveness of clean technologies over fossil fuels. Data centers are the dominant energy focus, with the 2026 conversation expected to shift from shee...
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Tesla Alum's Heron Power Raises $38M to Revolutionize Grid Tech
Heron Power secures $38 million in funding to advance its solid-state transformer technology, aimed at modernizing aging electrical grids with smaller, smarter solutions. The startup's medium-voltage transformers offer greater efficiency and responsiveness, supporting renewable energy integration...
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The Climate Transition Is Now in Our Hands
Nearly all new electricity generation now comes from clean sources, though increased investment in climate technology remains urgent despite recent dips in European funding. Community-driven energy initiatives and consumer behavior shifts, such as rising electric vehicle adoption and local renewa...
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AI Essential to Energy Transformation, 88% of Leaders Say
88% of energy industry experts consider scaling AI essential for modernizing energy systems, with most companies increasing investments and deploying AI across multiple functions. AI is delivering practical benefits in the energy sector, including predictive maintenance, optimized grids, and enha...
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Power Up the Grid: Why Software Is the Key
Surging electricity demand, primarily driven by the explosive growth of AI and data centers, is straining the aging electrical grid, creating an opportunity for software solutions to optimize infrastructure. Software startups are addressing this by identifying hidden grid capacity and aggregating...
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Heron Power Secures $140M to Scale Grid-Transforming Technology
Heron Power, led by a former Tesla executive, secured $140 million to scale manufacturing of its advanced solid-state transformers, driven by over 40 gigawatts of customer commitments. The company's Heron Link technology modernizes power delivery by being more compact, intelligent, and modular th...
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Tem Secures $75M to Automate Energy Markets Using AI
London-based AI energy platform Tem raised $75 million in a Series B round, valuing the company at over $300 million to fund international expansion into markets like the U.S. and Australia. Tem's AI platform automates electricity trading, using machine learning to forecast supply and demand, whi...
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Bill Gates's Fellowship Evolves Amid Global Challenges
Breakthrough Energy continues its climate innovation mission despite disbanding its policy team and ending support for a publication, focusing on startup investments and its fellowship program. The latest Breakthrough Energy Fellows cohort includes 45 entrepreneurs from 22 startups, with half bas...
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