NRG Systems Acquires Direct Detect Lidar Technology
NRG Systems, a subsidiary of ESCO Technologies Inc., has announced that it has acquired a portfolio of advanced technology developed by Pentalum, an Israeli company that specialized in remote sensing solutions for wind measurement. Founded in 2009, Pentalum pioneered low-cost Lidar solutions that have been deployed by customers in the wind resource assessment, wind farm operations, forecasting, and research markets globally.Pentalum’s principal innovation was their patented Direct Detect Lidar technology…
Fortis Joins Energy Impact Partners Utility Coalition
Energy Impact Partners LP (EIP) today announced the addition of Fortis Inc. to its Nexus strategic partner network. Fortis joins Southern Company (NYSE:SO), National Grid plc (NYSE:NGG), Xcel Energy Inc. (NYSE:XEL), Ameren Corporation (NYSE:AEE) and Great Plains (NYSE:GXP) as strategic partners investing in innovative technologies to improve customer service, reduce costs and increase revenues. EIP is a private equity fund that invests in emerging technologies, products, services and business models across the full electricity supply chain from generation to consumption.