Omron Corp. (6645) will buy all the shares in Shanghai Best Electric Appliance Manufacturing Co. from its founders for an estimated “a few billion yen,” the Nikkei reported, without saying where it got the information. via Omron to Buy Chinese Maker of Smart-Grid Components, Nikkei Says – Bloomberg.
China
Zunyi Electrical Power Supply Company of Guizhou, China, has selected Telvent’s OASyS DNA supervisory control and data acquisition (SCADA) system to collect and analyze real-time data on grid operations for approximately 800,000 customers. Zunyi Power is managed by Guizhou Power. via Telvent Provides Chinese Utility with Smart Grid Solution.
The Climate Group China has issued a policy briefing providing background and reviews on China’s skyrocketing smart grid industry. The policy, Smart Grid Developments in China’s Current Situation and Prospects, also offers suggestions on the acceleration of clean technologies in China. Smart grid business is helping lead the low carbon economy in China, according to Continue reading →
Devashree Saha is a senior policy analyst in the Metropolitan Policy Program at the Brookings Institution. Earlier this year she co-authored a report on the clean economy. Over email, she tells the New York Forum why this industry matters, and — with China and Germany taking the lead — ponders its future in the US. NYF: Hopes Continue reading →
Energy control networking firm Echelon will work with Holley Metering Limited to develop advanced smart metering products for the massive China market. Holley Metering expects to ship 10 million meters into China and international markets this year. Under its agreement with Echelon, the two companies will collaborate to develop products that meet the stringent requirements Continue reading →
Wind turbine manufacturers are feeling the industry performance pinch for the first time after five years of good times in China, the world’s fastest-growing wind power market, said industry experts. Following recent incidents where a total of 1,346 wind turbines were disconnected from the power grid on April 17 in Gansu and Hebei provinces, China Continue reading →
An estimated 5 trillion yuan will flood into China’s new energy industry, including the nuclear energy, in the next 10 years, according to a report by Economic Information, a newspaper under the national Xinhua news agency on Wednesday. A text of the roadmap for the new energy sector has been submitted to the State Council Continue reading →
Honeywell International Inc. (HON – Analyst Report) has been selected to develop and implement China’s first smart grid pilot project and feasibility study for managing energy use in commercial buildings. The pilot will bank on Honeywell’s smart grid technology and expertise, which includes automated demand response, advanced energy management and sub-metering. via Honeywell Chosen for Continue reading →
China’s state-owned State Grid Company of China signed a strategic cooperation agreement last month with General Electric to develop smart grid protocols in the country. The news was another step toward opening the world’s second-largest consumer of electricity to cutting edge smart grid technology. The State Grid Company had previously set an aggressive target of Continue reading →
It’s not easy being green but it’s worth it, a panel of West Coast mayors told municipal leaders from across Canada gathered in Victoria this week. “China’s plan is to spend $8 trillion over the next 10 years on clean energy, on smart grid energy efficiency. That’s $800 billion a year -try wrapping your head Continue reading →
Smart meter company Landis+Gyr announced it has been selected by the State Grid Corporation of China, the country’s leading power grid operator, to supply over 10,000 commercial and industrial advanced electricity meters for upcoming deployment in six provinces. While 10,000 is a relatively small roll-out, establishing a foothold in the Chinese market is a major Continue reading →
The total value of China’s Smart Grid market is expected to rise from US$22.3 billion in 2011 to US$61.4 billion in 2015, according to a new market report. In 2010, China ranked number one for the first time in the world for energy consumption and total investment in clean energy. The country will hold that Continue reading →
Among the many difficult issues Presidents Obama and Hu Jintao will confront when they meet this week stands one possible bright spot: collaboration on clean energy technology. It represents a critical, urgent need, an enormous market opportunity for both nations and an area of potential common interest – if we can just avoid being our Continue reading →
China’s smart grid market is predicted to rise from US$22.3bn in 2011 to US$61.4bn in 2015, says Zpryme, with global blue-chip players such as IBM, HP and Siemens positioning themselves to capitalise on the future market. With China being the world’s largest consumer of energy followed by the US, the race is on to meet Continue reading →
CHINA plans to invest 4 trillion yuan (US$601 billion) to develop the smart grid over the next decade, China Securities Journal reported yesterday. The smart grid program is a part of China’s plan to promote Internet of Things applications such as remote-control panels, clothes that talk to washing machines, virtual health care and vehicle-to-vehicle communications. Continue reading →
As China aims to spend billions of dollars to criss-cross the country with new long-distance power infrastructure, investments in new technologies that combine electricity and telecommunications are drawing key interest from corporates. via Analysis: Firms eyeing gold in China’s smart-grid rollout | Reuters.
It should come as no surprise that China is seeking to deliver more juice, more reliably, to more people. GE recently announced that it will be working with the Chinese government to achieve several goals along those lines, including the development of smart grid infrastructure and the electrification of the nation’s transportation sector. GE and Continue reading →
Siemens AG, Europe’s largest engineering company, said it is close to signing a contract to supply a Chinese city with electric-vehicle charging infrastructure. The company expects to complete a deal this month to provide customized charging posts for one city, Song Xiao, the Shanghai-based president of Siemens China Smart Grid, said in an interview in Continue reading →
Network equipment maker Cisco Systems Inc (CSCO.O) sees immense opportunities in China for its smart grid products and is continuing to look at acquisitions to expand in the growing market. Cisco, which is working with a number of utilities including Duke Energy (DUK.N) and NextEra Energy Inc (NEE.N), expects the smart grid to be bigger Continue reading →
Bloomberg News reported that China Southern Power Grid Co is building electric car charging stations in Shenzhen, Guangdong province, and in the Guangxi provincial towns of Nanning and Guilin to speed efforts for developing a smart grid. via Steel Guru : China Southern Power Grid builds electric car charging stations – 168183 – 2010-10-03.
