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: 248
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: 24Word Count: 305See All articles From Author

Add Comment

General Articles

1. Unwind In Paradise: Pompano Beachfront Vacation Rentals Await
Author: T Thomas

2. The Best Metal Detector
Author: sam jou

3. Neue Auctions' Fresh & Neue Sale, Mar 2, Features 341 Lots Of Antiques, Fine Art, Sterling, Jewelry
Author: Cynthia Maciejewski

4. Buy Quality Dermal Fillers And Mesotherapy Online

5. Unlocking Business Agility: The Role And Impact Of Agile Coaching
Author: AgileWaters

6. Why Airlines Keep Seats Empty And How You Can Benefit From It
Author: ReservationsAirlines

7. Everything You Must Know About The Riverbend Homes For Sale
Author: Haupt Realty

8. The Ultimate Guide To Styling Gold Body Chains And Two-piece Mini Skirt Sets
Author: In Your Diva

9. Differentiate Between Iso 9001 And Iso 14001
Author: James

10. How To Pick The Best Career For Yourself?
Author: poddarbschool

11. Iptv Bonanza: Laughing Through Channels, Finding Your Perfect Match!
Author: Abhay pandey

12. Cricket Delight: Joining The Fun With Paid Live Hd Streaming!
Author: Eon Smith

13. Best Aluminium Windows Manufacturers In Shimoga
Author: upvscservice

14. Vk Immigration | Best Immigration Consultancy In Chennai
Author: VK Immigration

15. Savoring The Flavor: Top 5 Pub Foods To Delight Your Palate
Author: Raj Vijay

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