Thursday, 8 October 2020

German energy company E.ON forms EUR250 million venture fund focused on smart grid tech

German energy company E.ON forms EUR250 million venture fund focused on smart grid techThe German energy company E.ON, which counts over 50 million commercial, residential, and industrial customers, has created a new EUR250 million ($265 million) investment fund called Future Energy Ventures to invest in "asset-light" tech startups. As utilities move to decarbonize their sources of energy generation they're coming to the realization that they will need exposure to a range of technology companies that can orchestrate, integrate, and manage power that's coming from increasingly distributed sources. It's a shift away from a century's worth of energy infrastructure that relied on large coal and natural gas plants for generating the electricity that powered homes and businesses.




https://ift.tt/33DoF5B from Yahoo Tech https://ift.tt/2GOiGli
via IFTTT

No comments:

Post a Comment