ALL >> General >> View Article
Sew Buys Gridexchange: Advancing Clean Energy Transition
SEW, a global leader in AI-Powered Connected Customer (CX) and Workforce (WX) Experience Industry Cloud Platforms, has acquired GridExchange from Alectra Utilities Corporation. GridExchange is a cutting-edge Transactive Energy software platform that empowers energy consumers to transition from passive users to proactive contributors by leveraging distributed energy resources (DERs) like solar panels, battery storage, and electric vehicles. This acquisition aligns with SEW's vision of creating an intelligent, resilient, and sustainable energy ecosystem.
GridExchange offers a user-friendly Customer Experience (CX) that facilitates the seamless exchange of energy, reducing greenhouse gas emissions, lowering energy costs, and strengthening grid resiliency. The platform enables utilities to engage customers with DERs, optimizing grid operations and allowing customers to contribute excess energy in exchange for financial incentives and loyalty rewards.
By integrating GridExchange into its platform, SEW aims to revolutionize the way individuals and communities engage with their energy consumption, promoting cleaner energy ...
... usage and reducing GHG emissions. The platform also enhances grid planning, increases grid flexibility and resiliency, and advocates for policy changes that support a cleaner energy future.
SEW, with over 1.2 billion users and adoption by 410+ utilities worldwide, is committed to building a resilient and sustainable energy ecosystem through advanced technologies like AI, ML, and IoT. This acquisition represents a significant step toward sustainable energy and underscores SEW's dedication to pioneering a greener future.
Alectra Utilities Corporation, the seller of GridExchange, serves approximately one million homes and businesses across a service territory comprising 17 communities. Their commitment to enabling customers to participate in local energy markets aligns with SEW's mission to engage, empower, and educate people worldwide to conserve energy and water.
SEW's acquisition of GridExchange not only signifies progress toward sustainable energy but also demonstrates their dedication to advancing sustainability through technology. It positions SEW to further its mission of promoting conservation and sustainability on a global scale.
More Information : https://www.techdogs.com/tech-news/business-wire/sew-acquires-gridexchange-transactive-energy-platforms-pioneering-the-future-of-clean-energy-transition
Add Comment
General Articles
1. Magento Developers Melbourne: Your Trusted Partner For Magento Web DevelopmentAuthor: themerchantbuddy
2. How Can E-commerce App Development Help Your Business?
Author: Comfygen
3. The Best Baby Cot Mattress For Summer In Australia: Keep Your Baby Cool And Comfortable !
Author: Milari Organics
4. How Might An Amazon Fba Prep Service Center Help You Streamline Your Business?
Author: 3pshipping6
5. Reviving Artisanal Craftsmanship – Why Handmade Products Matter More Than Ever
Author: Chaitanya Kumari
6. What To Look For In A New York Labor And Employment Law Firm
Author: jewellansing792
7. 50 Years Of Long-lasting Performance
Author: Busch Vacuum Solutions
8. Optimize Healthcare Revenue Cycle: Strategies For Financial Success
Author: Albert brown
9. Offres Exclusives Pour Vos Voyages En Inde Du Nord — Économisez Jusqu’à 30% — Réservez Dès Maintenant!
Author: yatika
10. 200-hour Weekend Yoga Teacher Training Course (yttc) In Bengaluru: A Pathway To Mastery In Yoga
Author: Yogakulam Academy
11. Understanding Patient Behavior: The Importance Of Market Research In Healthcare Marketing
Author: Adomantra
12. Ensuring Safety And Privacy: The Advantages Of Close Protection Services In Dubai
Author: Shancy
13. Thermodynamic Steam Traps: A Compact Solution For Maximum Performance
Author: David John
14. Best Accounting Service In California – Mj Financials
Author: maria jeffery
15. Best Astrologer In Hosahalli
Author: Pandith Keshav Das