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IONATE Raises $17 Million to Help Grids Meet Decarbonization and AI Needs

ESG Today

IONATE, a startup that makes smart electric transformers and software for electric grids, announced that it has raised $17 million in a Series A round, with proceeds to be used to fuel growth across key markets, launch its US operations, and advance its technology.

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Cisco’s Sustainability 101: What Are Smart Grids?

3BL Media

Cities, regions and countries are creating electricity networks that use digital communications technology to detect and react to local changes in usage (“ smart grids ”). Digitalization of electric grids is supporting new ways to source and use energy more sustainably while also enhancing cybersecurity.

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ESG Today: Week in Review

ESG Today

This week in ESG news: SEC fines Invesco $17.5 This week in ESG news: SEC fines Invesco $17.5 See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements IKEA Invests $1.6

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AECOM Launches Energy Transition Infrastructure Team

ESG Today

AECOM said that the new platform will provide decarbonization solutions to clients and communities in Europe through its new energy transition proposition, supporting the transition to electrification for buildings and transport with new generation, transmission and storage solutions.

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Guest Post: The Path to AI-Powered Sustainability and ESG Lies in Partner Ecosystems

ESG Today

Organizations can utilize AI-powered platforms to streamline their reporting processes, track Scope 3 emissions and model their decarbonization pathways with precision. The technology’s ability to sift through vast datasets and provide accurate, real-time insights is indispensable for businesses navigating the evolving regulatory landscape.

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Canada’s net-zero opportunities might skip some provinces

Corporate Knights

“The absence of a net zero emissions strategy for Ontario’s electricity grid could result in missed growth opportunities in promising new markets,” said the report, Net Zero Opportunities , pointing to renewables, smart grids and battery storage. However, B.C.

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Demand-side emission reduction key to meeting decarbonization goals, report says

Renewable Energy World

In the race to meet aggressive decarbonization and net-zero carbon goals and regulations, a new study shows that utilities cannot afford to just focus on clean energy supply investments. The prevailing belief is that clean energy supply investments need to be the primary focus of decarbonization efforts.