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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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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.

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The top 25 most sustainable fleets

GreenBiz

But in early 2019, Amazon announced an industry-first for a delivery company: It pledged that half of all of its shipments would be net-zero carbon by 2030. The entire company (including transportation) will be net-zero carbon by 2040. It's been building out smart grid tech and testing out a virtual power plant.

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How Electrification Fits in the World of Cleaner Energy

3BL Media

Duke Energy is one of the convention sponsors, so three leaders are participating in discussions on electrification of truck and bus fleets, how to make the technology affordable and net-zero carbon emissions. Duke Energy is moving to net-zero carbon emissions by 2050.

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After the Army, She Followed Her Dream, Charted a New Career

3BL Media

She found a natural fit in Grid Management, where she works today, alongside other engineers who implement smart technology that helps ensure customers have power when and where they need it. The smart grid can reroute service around problems, reducing the likelihood a customer is impacted by an outage.

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AI-Powered Smart Energy Platform GridBeyond Raises $55 Million to Scale Growth

ESG Today

Michael Phelan, Chief Executive Officer and Co-founder of GridBeyond, said: “The newly completed financing round sets GridBeyond on the path to increase the reach of our intelligent energy platform and deliver world leading AI and powerful automation capabilities to smart grid and energy markets across the world.

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Positive Impact of ESG on Display at VMware Explore

3BL Media

VMware CEO Raghu Raghuram's opening keynote highlighted VMware’s Zero Carbon Committed initiative, a collaborative effort that taps the enormous potential of VMware’s public cloud partner ecosystem. Another objective in this transformation was to create a more sustainable and secure environment by reducing carbon footprint.