Welcome to our dedicated page for Landis Gyr news (Ticker: LGYRF), a resource for investors and traders seeking the latest updates and insights on Landis Gyr stock.
News for Landis+Gyr Group AG (LGYRF) focuses on the company’s activities as a global provider of integrated energy management solutions. Company announcements highlight projects and partnerships that use smart metering, grid edge intelligence, and smart infrastructure technologies to improve utility operations and support cleaner energy systems.
Recent news releases describe agreements with electric cooperatives and utilities for advanced metering infrastructure, grid sensing meters, and long‑term software and services. These projects often involve high‑resolution grid data, real‑time meter readings, and applications for load disaggregation, voltage management, outage management, and overall situational awareness.
Landis+Gyr news also covers grid edge intelligence deployments with metering service providers and power grid operators. Examples include contracts for grid edge sensing meters with wireless communication and software services, as well as upgrades to AMI systems that enable smart meters to act as communication hubs for devices such as gas and water meters, EV chargers, battery storage, and solar panel inverters.
Another theme in Landis+Gyr’s news flow is smart infrastructure and electric vehicle charging. Through its subsidiary Etrel, the company reports on the OCEAN charge point and energy management platform, which supports monitoring and management of residential, business, and public EV charging locations from a single cloud‑based tool.
Sustainability and decarbonization are recurring topics, with news about avoided CO2 emissions enabled by Landis+Gyr’s technologies and commitments such as joining the Science Based Targets initiative. Investors and observers can use this news page to follow developments in smart metering projects, grid modernization initiatives, EV charging management, and the company’s stated climate‑related goals.
Landis+Gyr (LDGYY) has secured its largest Grid Edge Intelligence solutions contract in Australia with PLUS ES, marking a significant advancement in modernizing Australia's electricity grid. The multi-year partnership will deploy Landis+Gyr's grid edge sensing meters with wireless technology, including apps and software services.
The partnership aims to enhance customer engagement and improve operations efficiency through real-time data and Edge AI capabilities. Landis+Gyr has already deployed over 6.8 million edge sensing meters globally, with 16.5 million under contract. The solution aligns with AEMC's proposed reforms for consumer access to real-time smart meter data.
The technology includes edge sensing meters with high-resolution data through secure wireless communication, an open ecosystem supporting third-party Edge Apps integration, and AI-ready capabilities for enhanced grid resilience.
Landis+Gyr (LDGYY) has successfully completed Advanced Metering Infrastructure (AMI) upgrades for TEPCO Power Grid, enabling smart meters to function as communication hubs for various devices. The upgrade allows connection of gas and water meters, EV chargers, battery storage, and solar panel inverters to the AMI network.
The system now features Wi-SUN Enhanced HAN technology, marking one of its first global commercial applications. Smart meters provide readings every 30 minutes to retail utilities for accurate energy demand forecasting. The upgrade includes full migration to virtualized IT infrastructure without service disruption.
Looking ahead, Landis+Gyr and TEPCO PG plan to implement a Wi-SUN FAN and cellular-based network, aiming to increase bandwidth, enhance interoperability, and reduce costs. This transition will expand the product ecosystem and advance the world's largest AMI/IoT platform.
Landis+Gyr (LDGYY) has secured a contract with Southwestern Electric Cooperative (SWECI) to implement its Revelo® grid intelligence platform. The platform features advanced metering and grid sensing technology for enhanced energy management and reliability.
The implementation will provide SWECI with high-resolution grid data enabling real-time load disaggregation, voltage management, outage management, and improved situational awareness. SWECI plans to utilize the platform for demand management programs incorporating smart thermostats and water heaters, while also monitoring distribution assets to reduce capital expenses.
With 8 megawatts of solar generation capacity, SWECI aims to integrate the system with its DERMS platform for managing two-way power flows. The Revelo platform currently has over 5 million sensing meters under contract for deployment across North America.
Landis+Gyr's subsidiary, Etrel, partners with ON Power to enhance EV charging services in Iceland utilizing the OCEAN charge point management system. This collaboration aims to address the rapid growth of electric vehicle registrations in Iceland, which surpassed 60% of new car registrations in 2022. The OCEAN platform supports a scalable and flexible charging infrastructure, allowing ON Power to improve user experience and operational efficiency. This strategic move positions ON Power to meet escalating market demands as it continues to expand its EV charging network, which has been operational since 2014.
Etrel, a Landis+Gyr company, has partnered with ON Power to scale EV charging services in Iceland using the OCEAN charge point management system. This collaboration aims to meet the rising demand for electric vehicle infrastructure, with EV registrations exceeding 60% of new cars in 2022. The OCEAN software is a flexible platform that allows management of various charging locations through a cloud-based solution. As part of the rollout, ON Power will also integrate OCEAN with its ERP and CRM systems to enhance operational efficiency.
Landis+Gyr has committed to joining the Science Based Target initiative (SBTi) to set science-based targets for reducing carbon emissions. Following a previous announcement to achieve carbon neutrality by 2030, the company aims to set both near-term and long-term emission reduction goals in line with the Paris Agreement. Since 2007, Landis+Gyr has reduced its carbon footprint by 47% and helped avoid over 9 million tons of CO2 emissions in 2021. The SBTi commitment will enhance efforts in reducing emissions within operations and the supply chain.
Landis+Gyr Technology Inc. has secured a contract with Otter Tail Power Company to supply advanced metering infrastructure, software, and services to enhance the utility's energy grid across Minnesota, North Dakota, and South Dakota. The agreement entails the delivery of 175,000 advanced meters and a 20-year SaaS contract for data management and analytics. This initiative aims to improve outage management and empower consumers with better energy management through Landis+Gyr's innovative Revelo meters, highlighting the company's commitment to smart energy solutions.
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