AutoGrid Systems has raised more than $20m financing from a group of global investors to help further develop and market its Internet of Things (IoT) smart energy software applications, the company announced this week.The funding was secured from a consortium led by Energy Impact Partners, which represents four major utilities in the US and the UK – Southern Company, National Grid, Xcel Energy and Oncor. In addition, the consortium includes renewable energy technology developer Envision Energy.
Macalester College in St. Paul, Minnesota is going 100 percent solar — but the feat is becoming less and less rare. Universities across the country have been making the decision to add solar, wind, and other renewable programs to help offset their energy use — and utilities are getting involved. Macalester is receiving their solar energy through the SunEdison and Xcel Energy solar garden project, which, when completed, will allow customers to purchase a piece of the garden and receive credit on their electricity bill.
Strong agricultural demand and general economic growth in the Texas South Plains region centered on Plainview, Texas, has triggered a series of capital improvement projects on the Xcel Energy system that are intended to boost the reliability and capacity of the regional power grid.
As part of its Power for the Plains capital expansion, Xcel Energy is investing $106.7 million in new substations and high-voltage transmission lines in Hale, Castro, Parmer, Swisher, Bailey and Lamb counties that should be mostly completed by year’s end.
Boulder, Colorado’s unhappiness with power provider Xcel Energy has received quite a lot of news coverage. In January, Smart Grid News ran a story on whether a “messy divorce” might be on the way for the troubled couple. But Boulder isn’t the only city considering a breakup with its electric utility.
A new US wind power record was set on April 15, as Colorado winds produced nearly 57 percent of the electricity flowing through Xcel Energy’s transmission lines. Reaching the mark demonstrates that it is indeed possible for U.S. utilities to integrate a lot more in the way of intermittent wind, solar and other renewable power generation into transmission grids and distribution lines.