National Grid plc

Modern Hydrogen Raises $32.8 Million Series B-2 Financing to Accelerate Distributed Decarbonization of Gas into Clean Hydrogen

Retrieved on: 
Thursday, May 11, 2023
Other Manufacturing, Environment, Environmental Health, Utilities, Oil, Gas, Manufacturing, Alternative Energy, Green Technology, Energy, Hydrogen, National Grid plc, NextEra Energy Resources, Modern Electronics, World energy supply and consumption, Partnership, Natural gas, Innovation, Carbon, Civilization, National Grid, Investment, COP27, Pyrolysis, CO2, NextEra Energy, Renewable energy, Coal

Modern Hydrogen will leverage the investment to scale-up the capacity of its hydrogen production units.

Key Points: 
  • Modern Hydrogen will leverage the investment to scale-up the capacity of its hydrogen production units.
  • This will further accelerate decarbonization of gas networks and support distributed production of hydrogen, all without a reliance on new hydrogen pipelines or massive infrastructure upgrades.
  • The company also announced the move away from its previous name, Modern Electron, to shape the new brand of Modern Hydrogen.
  • “Modern's technology could help our gas customers adopt clean hydrogen sooner by making low-CO2 hydrogen affordable onsite.

CIO Celebrates Innovations in Business Technology with 2023 CIO 100 & Hall of Fame Awards

Retrieved on: 
Monday, March 27, 2023
IDC, RingCentral, PwC, EVP, A Girl for All Time, Facial recognition, Winners, National Grid, GM, Risk, Hall, Chief digital officer, Foundry, Honeywell, National Grid plc, MIT Center for Digital Business, CIO, Coffee, AI, KPMG, SVP, Answering machine, System, Automation, Software, Film industry, Entertainment, Television, Protiviti, Fame

Boston, MA, March 27, 2023 (GLOBE NEWSWIRE) -- Foundry’s CIO – the executive-level IT media brand providing insight into business technology leadership – is pleased to recognize the 2023 CIO 100 award winners and Hall of Fame inductees.

Key Points: 
  • Boston, MA, March 27, 2023 (GLOBE NEWSWIRE) -- Foundry’s CIO – the executive-level IT media brand providing insight into business technology leadership – is pleased to recognize the 2023 CIO 100 award winners and Hall of Fame inductees.
  • "Celebrating the CIO 100 winners, one of the most prestigious awards in the technology industry, is a great privilege for us each year,” stated Nicole Peck, VP and GM for Foundry Events North America.
  • The digital poster program: CIO 100 award winners present a summary of their project in an interactive, digital, and engaging format.
  • 2023 CIO 100 Hall of Fame Inductees:
    Jim Fowler, EVP and Chief Technology Officer, Nationwide
    Sheila Jordan, SVP and Chief Digital Technology Officer, Honeywell
    Adriana Karaboutis, Global Chief Information & Digital Officer, National Grid plc
    2023 CIO 100 Award Winners:

Technosylva Adds Three New Members to Board

Retrieved on: 
Wednesday, March 22, 2023
Technology, Other Natural Resources, Forest Products, Agriculture, Utilities, Other Science, Natural Resources, Software, Environment, Energy, Science, Lead, Intellectual property, Software as a service, Inc., Advisory board, EV, Senior, Pennsylvania Public Utility Commission, Britt, National Grid plc, National Association of Regulatory Utility Commissioners, Times Publishing Company, Intelligence, Vehicle registration plates of Nepal, FERC, Federal Energy Regulatory Commission, TA Associates, National Grid, Risk, Comverge, Engineering, Natural gas, Chairperson, CFO, Growth, National Association, ROI, Safety, Bankruptcy, NorthWestern Corporation, Renewable energy, Management, Citrix Systems

The three new board members are:

Key Points: 
  • The three new board members are:
    Britt Ide, Esq.
  • Nora serves on the Morgan Stanley Infrastructure Advisory Board, Sunnova Board of Directors, and is a partner in Clean Energy Ventures.
  • From 2019-2020, Nora served as the Board Chair of Pacific Gas & Electric, leading it though bankruptcy restructuring.
  • It’s all a part of Technosylva future growth and vision to scale our impact, advance customer successes and increase technology innovation.

AEP NAMES STURGESS SVP, CONTROLLER AND CHIEF ACCOUNTING OFFICER

Retrieved on: 
Monday, March 13, 2023
History, American Electric Power, University, Indiana Michigan Power Center, Kate, Knowledge, Carbon, Sturgess, LLP, Electricity, National Grid, Controller, PwC, AEP, Multimedia, Institute of Chartered Accountants of India, National Grid plc, Management, Renewable energy, Southern California Edison, Texas Panhandle

COLUMBUS, Ohio, March 13, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Kate Sturgess senior vice president, controller and chief accounting officer effective May 9.

Key Points: 
  • COLUMBUS, Ohio, March 13, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Kate Sturgess senior vice president, controller and chief accounting officer effective May 9.
  • In this role, she will be responsible for all aspects of accounting, financial reporting and regulatory accounting services.
  • Sturgess will report to Ann Kelly, executive vice president and chief financial officer.
  • She will succeed Joseph Buonaiuto, senior vice president, controller and chief accounting officer, who will retire July 1 after more than 21 years with the company.

GE Digital Announces GridOS® Software to Help Utilities Orchestrate the Clean Energy Grid and Accelerate the Energy Transition

Retrieved on: 
Monday, February 6, 2023
Software, Networks, Other Energy, Utilities, Data Management, Sustainability, Alternative Energy, Energy, Technology, Environment, Security, Other Technology, Cloud, Chief digital officer, AEMS, Information technology, National Grid plc, Acceleration, National Grid, The National Control Commission for the Protection of Personal Data, AWS, Accenture, SVP, GE Digital, Electricity, GIS, Il Grido, ADMS, Ecosystem, PPL Corporation, San Diego Convention Center, Forecasting, GE, Operational technology, Heart, Grid, Partnership, Infosys, Sis, First Derm, Cloud computing, Digital, Renewable energy, Electric power

GE Digital , an energy software leader, today announced the world’s first end-to-end software portfolio, GridOS®, built specifically for grid orchestration.

Key Points: 
  • GE Digital , an energy software leader, today announced the world’s first end-to-end software portfolio, GridOS®, built specifically for grid orchestration.
  • GridOS® delivers these tools with the cloud service provider and system integrator partner ecosystem necessary to accelerate grid modernization and the clean energy transition.
  • “Electric grids worldwide have grown immensely complex in recent years, and as complexity has increased so have reliability risks,” said Mahesh Sudhakaran, General Manager for Grid Software at GE Digital.
  • “Software is a critical component of energy transition,” said Craig Dyke, Head of National Control, National Grid ESO.

Community Offshore Wind Submits Proposal for New York's Offshore Wind Solicitation, Committing Over $3 Billion Economic Benefit to the State

Retrieved on: 
Thursday, January 26, 2023
Climate Leadership and Community Protection Act, Support, Economic development, Workforce, Holiday, Partnership, Personal protective equipment, Face, Minority business enterprise, Hudson Valley, RWE, Farmingdale State College, Dean (education), Climate, YMCA of the USA, GE, Sale, State, MWBE, Electricity, Farm, NYSERDA, Wind, Development, Innovation, Meal, General Electric, Investment, Garbage, National Grid, National Grid plc, Earth, New York State Energy Research and Development Authority, NGV, Community, Parent, Carbon, Construction, Renewable energy, New Yorker, United Way

NEW YORK, Jan. 26, 2023 /PRNewswire/ -- Community Offshore Wind, a joint venture between RWE Renewables and National Grid, today submitted a proposal to the New York State Energy Research and Development Authority (NYSERDA) to provide New York State with clean energy from 1.3 GW of offshore wind capacity to power nearly 500,000 homes. The bid submission was in response to the State's third competitive offshore wind solicitation, adding to their current portfolio of five offshore wind projects. NYSERDA is expected to announce the winning clean energy suppliers in early spring 2023.

Key Points: 
  • The bid submission was in response to the State's third competitive offshore wind solicitation , adding to their current portfolio of five offshore wind projects.
  • Community Offshore Wind is providing $10 million in childcare services to parents who are participating in offshore wind trainings or have offshore wind-related jobs.
  • "The Hudson Valley Economic Development Corporation is excited to help Community Offshore Wind bring a steel fabrication facility to Orange County.
  • Through the generous support of Community Offshore Wind, minority and women-owned businesses can access the offshore wind network.

National Grid Renewables Orders 1.6 GW of First Solar Modules

Retrieved on: 
Thursday, December 15, 2022
Electronics, Electricity, First Solar, National Grid, Annual report, Security (finance), RBA, Heart, Analysis, Research, Series 7, NGG, Result, Electronic Product Environmental Assessment Tool, R, EPC, PV, Carbon, FSLR, Wind, Forced labour, NYSE, Climate change, EPEAT, Venture, Financial condition report, Child labour, National Grid plc, Risk, First, Partnership, Renewable energy, Engineering

A Minneapolis-headquartered business, National Grid Renewables is part of the Ventures division of National Grid plc and has a portfolio of solar, wind, and energy storage projects located throughout the US in various stages of development, construction, and operation.

Key Points: 
  • A Minneapolis-headquartered business, National Grid Renewables is part of the Ventures division of National Grid plc and has a portfolio of solar, wind, and energy storage projects located throughout the US in various stages of development, construction, and operation.
  • “We are pleased to further expand both our partnership with First Solar and our commitment to using responsibly produced solar technology to power our near-term project pipeline,” said Andy Cukurs, chief operating officer, National Grid Renewables.
  • National Grid Renewables, part of the National Grid Ventures division of National Grid plc (NYSE: NGG), develops and operates large-scale renewable energy assets across the United States, including solar, wind and energy storage.
  • National Grid Renewables supports National Grid’s vision of being at the heart of a clean, fair, and affordable energy future for all.

The Home Depot Charges Ahead with 100 MW of Solar Energy

Retrieved on: 
Wednesday, November 30, 2022
Heart, Electric Reliability Council of Texas, Kilowatt-hour, The Home Depot, Multimedia, Wind, Standard, Solar energy, HD, National Grid plc, Electricity, NYSE, Carbon, ERCOT, Dow Jones, Home, National Grid, S&P Global Ratings, Renewable energy

The solar farm is National Grid Renewables' largest solar energy project to date, and its first utility-scale energy storage project.

Key Points: 
  • The solar farm is National Grid Renewables' largest solar energy project to date, and its first utility-scale energy storage project.
  • "Solar energy is the most abundant energy resource on earth," said Ron Jarvis, chief sustainability officer for The Home Depot.
  • We anticipate about three-quarters of our alternative and renewable energy capacity will come from solar energy by the end of 2023."
  • The Home Depot currently purchases solar power from a 75 MW facility and is under contract for another 50 MW of solar capacity.The company also purchases energy from a 50 MW wind facility.

Commercial Operation Commences at National Grid Renewables' Noble Solar & Storage Project

Retrieved on: 
Tuesday, November 29, 2022
NRG Energy, Heart, FSLR, Electric Reliability Council of Texas, Kilowatt-hour, Mecca, Silent Scope 2, Signal, First Solar, Wind, Partnership, The Hershey Company, Noble, Solar energy, Radiant exposure, National Grid plc, Electricity, The Home Depot, Carbon, ERCOT, SVP, National Grid, Shoulder, Corporate communication, PPA, Renewable energy

MINNEAPOLIS, Nov. 29, 2022 /PRNewswire/ -- National Grid Renewables announced today the start of commercial operation at its Noble Solar and Storage Project (Noble) in Denton County, Texas. Noble is a 275 megawatt (MW) solar and 125 megawatt-hour (MWh) energy storage project located in the Electric Reliability Council of Texas (ERCOT) market that began construction last year.

Key Points: 
  • 275 MW solar, 125 MWh storage ERCOT project located in Denton County, Texas
    MINNEAPOLIS, Nov. 29, 2022 /PRNewswire/ -- National Grid Renewables announced today the start of commercial operation at its Noble Solar and Storage Project (Noble) in Denton County, Texas.
  • "With the start of operation at our Noble project, National Grid Renewables brings online our first utility-scale energy storage project, as well as our largest solar energy project to-date," stated Blake Nixon, President, National Grid Renewables.
  • Recently, First Solar and National Grid Renewables announced a 2 gigawatt (GW) supply of solar modules scheduled for delivery 2024-2025.
  • National Grid Renewables develops and operates large-scale renewable energy assets across the United States, including solar, wind, and energy storage.

Visionary.ai Receives Investment from National Grid Partners

Retrieved on: 
Tuesday, November 22, 2022
Acceleration, Lighting, Image, National Grid plc, AI, Robotics, Silicon, Weather, National Grid, Climate change, ISP, Innovation, Safety, NGP, Renewable energy, Medical imaging

JERUSALEM, Nov. 22, 2022 /PRNewswire/ -- Visionary.ai, a developer of AI for real time video enhancement, today announced that it has received a multi-million-dollar investment from National Grid Partners (NGP), the venture investment and innovation arm of National Grid plc., one of world's largest investor-owned energy companies.

Key Points: 
  • JERUSALEM, Nov. 22, 2022 /PRNewswire/ -- Visionary.ai , a developer of AI for real time video enhancement, today announced that it has received a multi-million-dollar investment from National Grid Partners (NGP), the venture investment and innovation arm of National Grid plc., one of world's largest investor-owned energy companies.
  • Lisa Lambert, Chief Technology and Innovation Officer at National Grid and Founder and President of National Grid Partners said: "Electricity grids by their nature incorporate many geographically distributed assets that need to be monitored for safety, security and signs of damage or malfunction.
  • This investment from National Grid Partners will enable us to build on this foundation and expand the range of solutions we can offer our customers."
  • National Grid Partners (NGP) is the venture investment and innovation arm of National Grid plc., one of the largest investor-owned energy companies in the world.