Global Leader in International Renewable Industry News

posted in:

Itron - www.youroilandgasnews.com

Itron and Deutsche Telekom to offer expanded smart grid solutions and services options

Friday, Nov 30, 2012

Itron, Inc. (NASDAQ:ITRI), a global technology company that helps utilities measure, manage, and analyze energy and water, and Deutsche Telekom, a world leading integrated telecommunications company, announced today that they have signed an agreement to collaborate on delivering smart metering solutions to target markets in Europe. This agreement brings two leading companies together in the smart grid and smart metering space to combine their technology expertise to better serve the utility industry.

“The smart metering industry is demanding end-to-end solutions for intelligent energy networks. Together with Itron we can offer a complete M2M based solution from hardware to managed connectivity, integration, roll-out and operations services”

Under this agreement, the two companies will utilize Itron’s innovative smart meter solutions, Deutsche Telekom’s M2M capabilities, Information and Communication Technology solutions and Intelligent Networks Energy solution offering to bring an even more comprehensive solution and service offering to European markets. This coupled with the strength of two large and experienced companies combining efforts to create more options for customers will result in tremendous opportunities for utilities.

“Working with a world-class organization like Deutsche Telekom is a true pleasure,” said Remy Brill, Itron vice president and managing director, EMEA Energy. “This collaboration will give our customers more options and will deliver real business benefits as they roll-out smart meter systems.”

Itron will embed Deutsche Telekom’s SIM cards in its GPRS meters, which will enable the company to provide a complete solution and service offering in more markets, building off of Deutsche Telekom’s communication network. The companies are dedicated to delivering the combined solution to European customers and have already committed to an initial quantity of SIM cards to be deployed.

Furthermore, both parties agree to cooperate for purposes of creating as well as responding to joint business opportunities in the area of smart energy (smart metering, smart grid, and smart home) in European markets. Joint business development approaches and necessary technological alignment of the energy management portfolios between the parties ensure the most robust solutions for utilities. This coordinated approach brings flexibility to the complexity of smart metering solutions to customers, which is needed for mass smart metering roll-outs.

Source: Business Wire

posted in:

Other Renewable News

Unirac partners with Cobalt Power Systems to supply 397.5 kW Roof Mount (RM), second largest solar roof installation in Palo Alto 25-04-2014
OPDE finishes construction of new 12MWp solar farm in UK 25-04-2014
SPI Solar announces amendment to agreement for Mountain Creek project 24-04-2014
Accenture to help Azure Power expand its solar generation business 24-04-2014
EPIA presents the Global Market Outlook for Photovoltaics 2014-2018 at Intersolar Europe 24-04-2014
Avianca Brasil and Byogy Renewables forge initiative to drive the global approval of Alcohol-to-Jet (ATJ) renewable jet fuel 24-04-2014
Intersolar North America strengthens focus on growing energy storage market 23-04-2014
GDF SUEZ Energy Resources NA again donates renewable energy certificates to the Houston Museum of Natural Science in Honor of Earth Day 23-04-2014
3M celebrates 10-year record of EPA ENERGY STAR sustained excellence award 23-04-2014
SolarWorld powers spread of grass-roots community solar purchasing from coast to coast 23-04-2014