123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> General >> View Article

Sew Buys Gridexchange: Advancing Clean Energy Transition

Profile Picture
By Author: Ben Gross
Total Articles: 460
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

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

Total Views: 162Word Count: 305See All articles From Author

Add Comment

General Articles

1. Why Westerners Are Called Asuric By Traditional Indian Mindset People?
Author: Chaitanya Kumari

2. How To Check And Pay Traffic Fines In Dubai
Author: icon real estate

3. Unlock Your Business Potential With Bloom Agency: Pune’s Premier Seo Experts
Author: bloom agency

4. Explore Your Opportunities Of Pursuing Mbbs In Bangladesh
Author: Mbbs Blog

5. Top Advantages Of Hiring Professionals For Garage Door Installation In Silver Spring, Md
Author: Bwi Garage Doors

6. Why Video Is Still The King Of Content In 2025
Author: Tekedge

7. Azure Devsecops Online Training | Azure Devops Online Training
Author: visualpath

8. The Scholarly Renaissance: Unlocking Advanced Humanities And Social Sciences Via The Digital Master Of Arts
Author: MCM Global Education

9. Internet Connection | Internet Connection In Coimbatore
Author: Sathya Fibernet

10. Transform Your Moves: Top Dance Studio In Cooper City For All Ages
Author: dancersgallery

11. How To Get Help With Roadrunner: A Guide To Email And Customer Support
Author: lucy Day

12. How To Get In Touch With Roadrunner Tech Support: A Detailed Guide
Author: lucy Day

13. 7 Liquor Stores Murfreesboro Tn Locals Can’t Stop Visiting
Author: Abhishek Sharma

14. Relevance Of Samanya Dharma In The Modern World
Author: Chaitanya Kumari

15. Transform Your Clapham Living Space With Professional Upholstery Cleaning
Author: Alex

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: