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.
Landis Gyr (LGYRF) drives innovation in smart grid technology and energy management solutions for utilities worldwide. This dedicated news hub provides investors and industry professionals with essential updates on the company's strategic developments.
Access official press releases covering product launches, partnership announcements, financial results, and technological advancements in grid analytics. Our curated collection helps stakeholders track LGYRF's progress in advanced metering infrastructure deployment and energy distribution optimization.
Key updates include earnings disclosures, regulatory compliance milestones, and innovations in real-time grid monitoring systems. All content is verified through primary sources to ensure accuracy in reporting operational achievements and market positioning.
Bookmark this page for streamlined access to Landis Gyr's latest corporate communications and energy management industry insights. Check regularly for updates on smart meter deployments, utility partnerships, and sustainability initiatives shaping modern power infrastructure.
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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