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With a wave of electric cars expected to come to the grid, smart-grid company GridPoint buys "smart charging" expertise from V2Green, part of a $120 million capital investment.
Electric cars will stress utilities' grids. GridPoint raises $48.5 million and adds power industry executives to its board.
Company is trying to raise more than $32 million in a fourth round of funding as it tests its smart-grid appliance with utility companies.
An early mover in the smart grid, GridPoint is expanding into commercial energy management, a sign of how slowly utilities are adopting smart-grid technology.
A test with smart grid start-up GridPoint finds that "smart charging" of plug-in cars after 10 p.m. is crucial to not stressing the grid. GridPoint also raises $15 million.
Company hopes to build a nationwide network of solar installers.
Silver Spring Networks, which is bringing IP networking to power grids, lands an additional $17.4 million in funding.
Mainstream plug-in electric cars will be available in two years, but auto makers will introduce them in welcoming communities first to boost their odds of success.
Plus: carbon regulations, a hybrid battery for cars, Mitt Romney's case for auto bankruptcy, CEO lobby for carbon regulations, and Obama calls for quick action.
Altair, manufacturer of lithium ion batteries, plans to make home electrical storage units.