Itron partners with Norgesnett for grid modernization in Nordic region, focusing on sustainability and efficiency.

From Nasdaq: 2025-04-07 09:04:00

Itron, Inc. partners with Norgesnett to deploy edge computing in the Nordic region, utilizing Grid Edge Intelligence for grid modernization and enhanced visibility. Norgesnett’s AMI strategy aims to optimize distribution system control and facilitate integration of DERs like rooftop solar and EVs.

Norway’s renewable energy focus and Norgesnett’s efficiency drive propel the collaboration. The deployment of 10,000 DI-enabled smart endpoints marks the project’s start, offering real-time energy data for efficient grid management. The initiative aligns with Nordic Innovation’s vision for sustainability, resilience, and responsible energy use in the region by 2030.

Itron’s Grid Edge Intelligence platform experiences growth driven by various factors, including grid resiliency, safety, and automation demands. The company’s 2024 bookings result in a book-to-bill ratio of 1:11, with a backlog of $4.7 billion. Collaborations with key players like Microsoft and Tesla demonstrate a commitment to innovative solutions for grid optimization and smart city transformation.



Read more at Nasdaq: Itron and Norgesnett to Launch Grid Edge Project in Nordic Region