Free press releases distribution network?

More news: Energy
Agency / Source: General Electric Company

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



GE Makes Investment in PoGens™ (Power Generation Services, Inc.) - Supports Grid Modernization Trend in Utilities - GE’s Grid IQ™ Solutions as a Service (SaaS) platform, which provides all of the benefits of a modern grid at a fraction of what it would cost a utility to completely overhaul its existing infrastructure
GE Makes Investment in PoGens™ (Power Generation Services, Inc.) - Supports Grid Modernization Trend in Utilities

 

PRZOOM - /newswire/ - San Antonio, TX, United States, 2014/01/28 - GE’s Grid IQ™ Solutions as a Service (SaaS) platform, which provides all of the benefits of a modern grid at a fraction of what it would cost a utility to completely overhaul its existing infrastructure. NYSE: GE

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

With utilities looking for alternate ways to modernize their grids, many have turned to cloud-based technology like GE’s (NYSE: GE) Grid IQ™ Solutions as a Service (SaaS) platform, which provides all of the benefits of a modern grid at a fraction of what it would cost a utility to completely overhaul its existing infrastructure. Today, GE’s Digital Energy business announced it has made a minority investment in Power Generation Services, Inc. (PoGens[™]). PoGens is a turnkey provider of managed energy services for distributed generation and distributed energy resources in North America. Terms of the transaction were not disclosed.

In the near future, GE will add the PoGens capability to its suite of Grid IQ solutions to form an offering that combines GE’s grid monitoring, outage detection and asset management technology with PoGens’ commercial generation assets to provide customers, such as utility companies, with tools to improve the reliability, productivity and efficiency of their electric distribution systems.

“Lately, we have seen a growing trend within the utility industry a shift to grid management software implementation to improve efficiency and resiliency of distribution grids. Our cloud-based SaaS platform improves the functionality of a utility’s grid and helps enable the company to address long-term energy challenges and meet growing customer needs,” said Todd Jackson, product line leader software solutions, GE’s Digital Energy business. “Our relationship with PoGens will help to strengthen our current Grid IQ SaaS offering and will allow us to provide additional value to customers who are looking for power predictability and reliability without incurring the high costs associated with buying emergency power during extreme weather events.”

Grid IQ SaaS, one of GE’s innovative Industrial Internet technologies, provides small- and mid-market utilities with the grid-modernization technology they need without the overhead expenses associated with developing their own smart grid networks. The solutions included in GE’s SaaS offering, along with the advanced capabilities of PoGens, empower utilities of all sizes to create modern, interconnected grids to meet the needs of today’s ever-evolving businesses.

“Having worked closely with GE for the past year, this investment accelerates the integration of our managed services with GE’s grid management software,” said Jim Szyperski, CEO, PoGens. “Use of distributed energy resources helps position utilities to meet energy demands when they are forecasted to exceed capacity.”

GE’s Digital Energy business is a global leader in transmission and distribution solutions that manage and move power from the power plant to the consumer. Its products and services increase the reliability of electrical power networks and critical equipment for utility, industrial and large commercial customers. From protecting and optimizing assets such as generators, transmission lines and motors, to delivering analytic tools to help manage the power grid, GE’s Digital Energy business delivers industry-leading technologies to solve the unique challenges of each customer. For more information, visit gedigitalenergy.com/.

About Power Generation Services, Inc.
Power Generation Services, Inc. is a turnkey provider of managed energy services for distributed generation and distributed energy resources to market participants, municipal power agencies, cooperatives, individual asset owners and commercial/industrial customers in North America. PoGens provides a complete energy management infrastructure that includes monitoring, control, compliance and dispatch of our customers’ emergency generation assets into the North American power markets. In an increasingly complex and ever changing energy environment, our mission is to leverage our national energy services platform to assist customers in the transition toward cleaner energy, enhancing grid stability, while enhancing profitability of generation and curtailment assets.

About GE
GE (ge.com) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works.

Contacts
GE news, Masto Public Relations - E: information[.]mastopr.com.

Elizabeth Darden, Pogens
P: +1 919-659-3333 - E: edarden[.]pogens.com.

Matt Falso, Masto Public Relations
P: +1 518-786-6488 - E: matt.falso[.]mastopr.com.

Howard Masto, Masto Public Relations
P: +1 518-786-6488 - E: howard.masto[.]ge.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: General Electric Company

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


GE Makes Investment in PoGens™ (Power Generation Services, Inc.) - Supports Grid Modernization Trend in Utilities

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
GE News Center | Power Generation Services
Contact: Ellen Dowell - GE Digital Energy 
678-742-1529 ellen.dowell[.]ge.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any General Electric Company securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From General Electric Company / Company Profile


Read Energy Most Recent Related Press Releases:

Vestas Secures 112 MW for Three Projects in France
ENGIE and Statoil Agree on the Renegotiation of Their Long-term Gas Supply Contracts
ENGIE and AES Andres Leverage Core Strengths to Provide Reliable and Competitive LNG Supply in the Caribbean
Power Costs, Inc. (PCI) and GE Power Collaborate to Link Energy Operations with Energy Trading for End-to-End Machine to Market Software Solutions
GE Oil & Gas Signs Agreement with TAG GmbH to Install New Tuning Maintenance (TUMAS) Software on Entire Fleet of Gas Turbines
ENGIE Announces Two New Major Collaborations to Foster New Innovative Green Gas Production Methods Across Europe
Enel Inaugurates Apiacás Hydropower Complex in Brazil
Steam and Gas Turbine Manufacturers Realign Strategies to Harness Growth Opportunities within Clean Power Generation
Enel Starts Construction of Peru’s Largest Solar PV Plant
GE and Maersk Drilling to Pilot Marine Digital Transformation

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  JobsWare.com

Visit  Triggr & Bloom

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today