Smarter Grid Solutions’ executive director Graham Ault. Image: Smarter Grid Solutions
Mitsubishi Electric Corporation and subsidiary Mitsubishi Electric Power Products have entered into an agreement to acquire Smarter Grid Solutions.
The acquisition is expected to close in the next several weeks, with Smarter Grid Solutions to maintain its operations in Glasgow, Scotland.
It is to help expand the reach of Smarter Grid Solution’s energy management enterprise software to distributed energy resources (DER) customers round the globe.
“We look forward to marrying their products with our suite of grid control products to help our customers respond to changes and still get the best performance from their electric grids,” said Brian Heery, president and CEO of Mitsubishi Electric Power Products.
SGS offers controls solutions that allows users to integrate DER for capacity management, flexible interconnection, virtual power plants, microgrids, fleet energy asset operations and energy as a service.
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