ITRON


Associated tags: Quality of life, Electricity, Safety, City, Software, Itron, Water resources, Energy, Water, Utilities, Environment, ITRI, Other Natural Resources, Alternative Energy, Natural Resources, Green Technology, Networks, Renewable energy, Data Management, Hardware

Locations: AFRICA, EUROPE, APAC, ASIA, SINGAPORE, LONDON, FRANCE, AUSTRALIA, INDONESIA, BELGIUM, MALAYSIA, TENNESSEE, AUSTRALIA/OCEANIA, ILLINOIS, TX, RWANDA, PAKISTAN, JORDAN, ALASKA, HAWAII, PUERTO RICO, VIETNAM, LV, UNITED STATES, NORTH AMERICA, WASHINGTON, QUEENSLAND

Australian Council to Modernize Water Distribution System with Itron Solutions

Retrieved on: 
Monday, April 29, 2024

Itron’s intelligent connectivity solution will allow the Council to tackle a number of operational challenges related to water.

Key Points: 
  • Itron’s intelligent connectivity solution will allow the Council to tackle a number of operational challenges related to water.
  • Once the Intelis wSource water meters and NB-IoT digital platform are deployed, the Council will benefit from:
    Faster Identification of Water Leaks – Temetra improves visibility before and after the meter to help address non-revenue water losses in the distribution system.
  • Improved Customer Experience – With the Intelis NB-IoT water meter, the Council can help their customers better manage water usage by providing advanced, data driven insights.
  • “At Itron, we are excited to continue our work with the Council to help the utility prepare for increased demand for water and asset management challenges.”

Itron to Announce First Quarter Results on May 2, 2024

Retrieved on: 
Thursday, April 11, 2024

Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced today that it will release financial results for the quarter ended March 31, 2024 before the opening of market on Thursday, May 2, 2024.

Key Points: 
  • Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced today that it will release financial results for the quarter ended March 31, 2024 before the opening of market on Thursday, May 2, 2024.
  • The company’s press release and financial statements will be available on the company’s website at https://investors.itron.com on May 2, 2024 at 8:30 a.m. EDT followed by the management conference call at 10 a.m. EDT to discuss the results.
  • The webcast, along with a supplemental presentation, may be accessed from the company’s website at https://investors.itron.com/events.cfm .
  • A webcast replay of the conference call will be available through May 9, 2024 and may be accessed on the company’s website at https://investors.itron.com/events.cfm .

Itron to Support Efforts to Modernize Electrical Distribution System in Bangladesh with Advanced Metering Infrastructure

Retrieved on: 
Wednesday, April 10, 2024

This project supports a sustainable future in Bangladesh by helping to modernize BREB's distribution system.

Key Points: 
  • This project supports a sustainable future in Bangladesh by helping to modernize BREB's distribution system.
  • Working together with Itron channel partner SQ Wire and Cable Co. Limited, BREB will install 500,000 smart pre-payment metering devices with Itron network interface cards, enabling automated meter reading, improved billing accuracy and reduced system losses.
  • Advanced data analytics and distribution network visibility will empower BREB to optimize infrastructure investments, improve outage management and seamlessly integrate renewable energy sources.
  • Additionally, dedicated services such as network design and deployment support ensure seamless implementation and ongoing project support.

Itron Unveils Cutting-Edge Low Voltage Distributed Energy Resource Management System (LV DERMS) for Australian Market at Energy Networks 2024

Retrieved on: 
Tuesday, March 19, 2024

Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is unveiling its Low Voltage Distributed Energy Resource Management Solution (LV DERMS) for the Australian market at the Energy Networks Conference , taking place in Adelaide, Australia, from March 19-21, 2024.

Key Points: 
  • Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is unveiling its Low Voltage Distributed Energy Resource Management Solution (LV DERMS) for the Australian market at the Energy Networks Conference , taking place in Adelaide, Australia, from March 19-21, 2024.
  • The challenges of the coming energy transition will result in grid instability originating in the LV network, which must be addressed.
  • An extension of Itron’s Australian Market Transaction System, Distributed Energy Resource Publisher provides tracking of standing aggregator relationships for all CERs and NMIs to ensure distribution of DOEs and other data to the appropriate responsible party.
  • “Over the past 20 years, Itron has worked closely with our utility customers to address several step-changes in scale and complexity driven by Australian market reforms.

Itron Celebrates Xcel Energy’s Deployment of 2 Millionth Distributed Intelligence-Enabled Meter

Retrieved on: 
Tuesday, March 19, 2024

The meters are a key component of Itron’s end-to-end Advanced Metering Infrastructure (AMI) and industrial IoT (IIoT) network solution.

Key Points: 
  • The meters are a key component of Itron’s end-to-end Advanced Metering Infrastructure (AMI) and industrial IoT (IIoT) network solution.
  • This deployment is a important step in Xcel Energy’s efforts to provide cleaner, safer and more reliable energy to nearly 3.7 million customers across eight states.
  • Itron's solution, including the DI-enabled smart meters, helps energy providers achieve their carbon reduction goals in multiple ways, including streamlining field operations and reducing truck rolls.
  • Xcel Energy uses smart meters to identify outages faster, improving outage response times and enhancing the ability to support customer outage notification and resolution.

Itron and Coopesantos R.L. Make History in Central America with First Successful Completion of Advanced Metering Infrastructure Deployment in Costa Rica

Retrieved on: 
Thursday, March 7, 2024

The five-year project connected Itron’s distributed intelligence (DI)-enabled AMI solution with Coopesantos R.L.’s customer information system and more than 50,000 Itron smart electricity meters.

Key Points: 
  • The five-year project connected Itron’s distributed intelligence (DI)-enabled AMI solution with Coopesantos R.L.’s customer information system and more than 50,000 Itron smart electricity meters.
  • with grid edge intelligence, extending the visibility and control needed to advance its goal of optimizing and modernizing its electrical grid.
  • The full Itron AMI solution combines robust smart metering functionality and a DI platform that offers a new approach to managing electricity.
  • Benefits of the Itron AMI solution include:
    Power Outage Alerts: Costa Rica is prone to extreme weather events .

Itron to Host Investor Day at Nasdaq MarketSite

Retrieved on: 
Wednesday, March 6, 2024

Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced today that it will host an Investor Day at the Nasdaq MarketSite in New York on Tuesday, March 12, 2024.

Key Points: 
  • Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced today that it will host an Investor Day at the Nasdaq MarketSite in New York on Tuesday, March 12, 2024.
  • The Itron management team will review the company’s strategy, operational focus, and will provide an update on its long-term financial goals.
  • Interested parties may also listen to the event on a live webcast.
  • Participants should access the webcast 10 minutes prior to the start of the call to install and test any necessary audio software.

Itron Acquires Elpis Squared, Expands Grid Edge Intelligence Portfolio

Retrieved on: 
Tuesday, March 5, 2024

The acquisition will strengthen and complement Itron’s solutions, adding expertise in grid planning, operations and engineering to Itron’s Grid Edge Intelligence portfolio.

Key Points: 
  • The acquisition will strengthen and complement Itron’s solutions, adding expertise in grid planning, operations and engineering to Itron’s Grid Edge Intelligence portfolio.
  • The acquisition of Elpis Squared allows Itron to embed real-time, high-resolution grid edge data into the grid planning, operations and engineering process – an industry first.
  • “The acquisition of Elpis Squared strengthens Itron’s Grid Edge Intelligence portfolio and will accelerate our product roadmap to create more value for our customers,” said Don Reeves, senior vice president of Outcomes at Itron.
  • Integrated solutions with Itron’s Grid Edge Intelligence portfolio are expected to be available in Q4 2024.

Itron Introduces Distributed Intelligence Enabled Applications to Optimize Capacity at the Grid Edge

Retrieved on: 
Tuesday, February 27, 2024

These distributed intelligence (DI)-enabled, first-of-its-kind applications are part of Itron’s Grid Edge Intelligence portfolio.

Key Points: 
  • These distributed intelligence (DI)-enabled, first-of-its-kind applications are part of Itron’s Grid Edge Intelligence portfolio.
  • Low-Voltage Grid Insights: Increased awareness of how distributed energy resources impact the grid in near real time to help improve grid efficiencies.
  • This will help us to ensure our solar generation and deployment improves grid efficiencies.”
    “Without the right tools, it can be difficult to optimize capacity at the grid edge.
  • With our DI solution, utilities can optimize capacity at the edge of the grid efficiently and cost effectively.

Itron Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Monday, February 26, 2024

Itron, Inc. (NASDAQ:ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced financial results for its fourth quarter and full year ended Dec. 31, 2023.

Key Points: 
  • Itron, Inc. (NASDAQ:ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced financial results for its fourth quarter and full year ended Dec. 31, 2023.
  • Our solutions address this complexity head on and support our customers' efforts to modernize critical infrastructure.”
    Total fourth quarter revenue increased 23%, to $577 million.
  • After bookings of $839 million during the fourth quarter, total backlog at quarter end was $4.5 billion.
  • First quarter 2024 financial outlook:
    Full year 2024 financial guidance:
    Itron will host a conference call to discuss the financial results contained in this release at 10 a.m. EST on February 26, 2024.