GRID2020, Inc., a leading energy management, control, and communications solutions company, announced today that it has completed a year long process of strategic acquisition and licensing to provide Real-Time Smart Grid solutions and communications with a contract purchase and licensing agreement with IBEC Global resulting in a new, independent Smart Grid technology company focused on Real Time Solutions.
"In less than one year, we have successfully progressed through the acquisition and strategic licensing stages to now become a Smart Grid company with a Real-Time Solution focus," announced Alan Snook, President of GRID2020. "We look forward to fulfilling many emerging Smart Grid needs of utilities, metering companies, SCADA providers, consumers, and commercial enterprises given our dynamic array of products and services. We are committed to helping others curb electricity costs and facilitating a segment of the Smart Grid revolution."
"Our multi-dimensional, installer-friendly Distribution Transformer Monitors will be a key component of our strategy to identify electricity pilferage, assist utilities to understand electric vehicle charging impacts, and enable valuable asset management solutions," Snook noted.
GRID2020 uses a cutting-edge monitoring hub, wireless thermostats, and load meters to monitor and control energy consumption in real-time.
Specialties
Smart Grid, Home Area Networks, Demand Response, Energy Management, Distribution Transformer Monitoring, BPL Solutions
