Power gear giants continue their smart grid shopping spree. Schneider Electric is bidding to buy software maker Telvent for about $2 billion. The acquisition would give Schneider, which is a massive power equipment maker, more software and IT capabilities for the power grid. Read More »
Cleantech
Echelon has launched a new software-hardware combo to control the distribution portion of the grid. The product has two notable aspects: it’s open to third-party developers, and its first customer will be utility Duke Energy. Read More »