Connect with us

Technology

PG&E 2024 Innovation Summit to Showcase Novel Climate-Tech Solutions, Additional Speakers Confirmed

Published

on

Leaders from Eaton, GE Vernova, NVIDIA Added to High-Powered Speaker Lineup

OAKLAND, Calif., Oct. 21, 2024 /PRNewswire/ — Artificial intelligence for nuclear power generation, carbon-sequestering biochar, long-duration energy storage, submetering and managed charging for electric vehicles, real-time fault detection sensors, a prescribed-burn machine, advanced drones for system inspections, and new undergrounding systems are among the novel solutions and technologies that will be on display November 13 during Pacific Gas and Electric Company’s (PG&E) 2024 Innovation Summit presented in collaboration with DISTRIBUTECH® in San Jose.

“We are proud to work with leading companies advancing energy-focused AI applications, and fire-tech and climate-tech solutions to drive impact across our system with minimal impact to customer bills,” said Quinn Nakayama, Senior Director, Grid Research Innovation and Development, PG&E. “We see the potential for innovation to address emerging challenges across our operations, and we recognize the tremendous opportunity that innovation offers to transform our energy system to deliver for our people, the planet and the prosperity of California for generations to come. Other utilities’ challenges of tomorrow are PG&E’s realities of today, so I look forward to engaging at the summit to share ideas, and–in the spirit of mutual aid and support–I strongly encourage my utility peers across the country to join us in-person on November 13 in San Jose.”

Several industry leaders were recently added to the 2024 Innovation Summit’s high-powered speaker lineup including:

Sean Moser, Senior Vice President & Chief Product Officer of GE Vernova’s Grid Softwaret team and Igor Stamenkovic, Senior Vice President & General Manager, Electrical Services and Systems Division, Eaton will join Joe Bentley, Senior Vice President, Electric Engineering, PG&E for a discussion on the future of electric planning.

Marc Spieler, Senior Managing Director, Global Energy Industry, NVIDIA and Trey Lauderdale, Founder and CEO, Atomic Canyon will join Maureen Zawalick, Vice President, Business and Technical Services, PG&E for a conversation on the role of AI in the nuclear industry.

For the full agenda and speaker lineup, and to register for in-person or virtual attendance visit: Summary – 2024 PG&E Innovation Summit presented by DISTRIBUTECH (cvent.com)

The immersive technology showcase for in-person summit attendees will feature demonstrations by PG&E and peer utilities Avangrid, San Diego Gas and Electric, and Southern California Edison. The showcase will include the following organizations and technologies that PG&E and peer utilities are exploring and deploying to enhance operations, improve customer service, and address changing environmental conditions:

Blue Grit Robotics is pioneering a first-of-its-kind utility undergrounding system that dramatically reduces the cost, complexity, and invasiveness of traditional methods. By harnessing advanced robotics and AI, Blue Grit Robotics is transforming the way utilities are installed underground, making the process safer, more efficient, and minimally disruptive. PG&E identified Blue Grit Robotics through its 2023 R&D Pitch Fest following the inaugural Innovation Summit.

BurnBot builds and operates systems that scale fuel treatment to prevent destructive wildfires. Composed of a team of firefighters, scientists, engineers, prescribed fire practitioners, and forestry professionals, BurnBot is addressing wildfire challenges and risks with its system of technologies that amplify workforce capacity to conduct safe, efficient, and ecological fuels treatment from mastication to prescribed fire. BurnBot recently launched its next-generation controlled burn machine (RX2) that delivers prescribed fire in a way that’s clean and creates very minimal smoke and is 10X faster than what can currently be done by arming boots on the ground and amplifying them with tools and technology, while reducing the risk of escape fire with a minimal impact on the environment. PG&E hosted the first public test of the RX2 in September 2024.

Earth Foundries is a California based, certified woman-owned and certified benefit corporation tackling California’s catastrophic wildfire threat by lowering the cost and carbon footprint of forest remediation. Earth Foundries’ innovative and sustainable Slash Attack™ mobile pyrolysis service converts unmerchantable forest material from forest health and hazardous fuels reduction projects into carbon-sequestering biochar on-site and at-scale. PG&E first tested a pyrolysis machine—also known as a “Carbonizer”–in late 2022 and is working with Earth Foundries to deploy one in Lake County through the Hometown Wildfire Safety Collaborative, a partnership with fire protection associations, safety organizations and environmental sustainability groups to advance wildfire resilience in Lake County.

Form Energy is an American technology company developing a breakthrough, multi-day energy storage system to enable the electric grid to run on clean, reliable, and affordable energy, every day of the year. Form Energy‘s first commercial product is an iron-air battery capable of storing and dispatching energy for 100 hours at system costs competitive with traditional power plants. Form was founded in 2017 with a unified mission: to reshape the global electric system by creating a new class of low-cost, multi-day energy storage systems. The company has already begun trial production of its iron-air batteries from its factory in West Virginia and is preparing to deploy its first commercial projects throughout the U.S. in 2025 and beyond, including a system adjacent to a PG&E electric substation in Northern California.

Gridware is transforming electrical grid management with its advanced sensor technology and innovative smart-pole platform. Focused on enhancing safety, resilience, and reliability, Gridware’s pole-mounted sensors (Gridscopes) monitor power lines in real-time, detecting potential hazards like equipment malfunctions and vegetation encroachment—even during outages. Operators now have access to critical information on when, where, and what faults occur in real time when they need it most. PG&E has deployed 10,000 Gridscopes on 1,000 miles of circuits enabled with Enhanced Powerline Safety Settings. To date, the Gridscopes have prevented five ignitions and provided operationally useful information during 167 events by identifying outage causes and hazards in real-time to dispatch operators. 

IND Technology (IND.T) is an Australian and New York-based company specializing in AI-driven predictive analytics to optimize the performance of industrial and energy assets. Their Early Fault Detection (EFD) system represents a major leap forward in this field, monitoring radio-frequency signals on powerlines 24/7 to detect and locate a wide range of incipient faults before they escalate into power outages or wildfires. Working with PG&E, IND.T has successfully demonstrated how this predictive maintenance technology can remotely identify and diagnose electrical asset failures. The EFD system is particularly noteworthy for its precision—it can pinpoint issues within 30 feet, leveraging the combination of smart sensors, radio-frequency signals, and advanced data analytics. This proactive approach not only boosts the reliability of energy infrastructure but also helps utilities optimize maintenance costs by preventing failures and reducing downtime. EFD technology is now widely deployed across North America, serving as a critical tool for utilities to enhance climate resilience and improve operational efficiency.

Itron, a global grid edge intelligence leader, is innovating news ways for utilities and cities to manage energy and water. The company will demonstrate one of its distributed intelligence applications, running on Itron’s Riva electric endpoint, that manages electric vehicle (EV) charging loads in real-time to allow consumers to safely operate Level 2 EV chargers without needing to upgrade their electrical service or compromise reliability within the local grid.

RainIons has developed a game changing, low-cost patented catalytic technology to remove CO2, NOX and other pollutants at the source of hydrocarbon exhaust. RainIons’ coating technology can be applied and scaled from small engines to large utilities, power generation, industrial applications, low/no-energy Direct Air Capture technology and further. 

Schneider Electric is a global leader in energy management and automation, committed to providing innovative solutions for a sustainable and efficient energy future. Its advanced technologies empower utilities to optimize grid operations, integrate renewable energy sources, and enhance grid resilience. Through its Digital Grid solutions, Schneider Electric aims to drive the transformation of power distribution, enabling a smarter, greener, and more reliable energy ecosystem for communities and businesses alike. PG&E is working with Schneider Electric to enable a cloud-based Distributed Energy Resource Management System (DERMS) to maximize the value of electric vehicles, solar and batteries as flexible grid resources.

Skydio is the leading U.S. manufacturer of autonomous drones, revolutionizing the way utility companies inspect and maintain critical infrastructure. Powered by advanced AI and machine learning, Skydio drone solutions provide a safer, faster, and more efficient alternative to manual inspections, delivering high-resolution data from hard-to-reach areas. With a proven track record in transforming operations for major utilities, Skydio’s drone solutions enable predictive, condition-based maintenance, helping companies like PG&E enhance safety, reduce costs, and improve the reliability of their electrical grid. PG&E has integrated Skydio’s Dock technology at more than a dozen electric substations to augment current inspection programs and manual drone operations.

Treeswift empowers utilities with AI-augmented vegetation management that reduces risk and improves reliability across transmission and distribution systems. Treeswift’s backpack and vehicle-mounted sensors seamlessly integrate into existing patrols to gather imagery and LiDAR data. Treeswift’s AI translates this data into actionable analytics and 360° field context for encroachment, strike potential, and failure risk via its software platform for vegetation management experts, arborists, and tree crews. PG&E identified Treeswift through its 2023 Pitch Fest.

WeaveGrid is a leading EV Management System (EVMS) provider whose software enables grid-integrated electric vehicle charging. The company’s software platform optimizes EV charging to align with periods of high renewable energy availability and ensure ongoing electric grid reliability and resiliency, while keeping preferences and controls at a driver’s fingertips. WeaveGrid’s approach supports broad participation in managed charging programs and reduces the costs of serving EV loads through distribution-integrated smart charging orchestration (DISCO). WeaveGrid partners with utilities, charging providers, and automakers to accelerate the transition to sustainable transportation. PG&E and WeaveGrid have collaborated on managed charging programs including evPulse and EV Charge Manager.

Visit www.pge.com/innovation for information about PG&E’s Innovation Summit 2024 and to learn more about PG&E’s efforts to accelerate energy R&D.

About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE: PCG), is a combined natural gas and electric utility serving more than sixteen million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news  

View original content to download multimedia:https://www.prnewswire.com/news-releases/pge-2024-innovation-summit-to-showcase-novel-climate-tech-solutions-additional-speakers-confirmed-302282107.html

SOURCE Pacific Gas and Electric Company

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Husqvarna Group’s climate targets validated by the Science Based Targets initiative

Published

on

By

STOCKHOLM, May 11, 2026 /PRNewswire/ — Husqvarna Group’s greenhouse gas emissions reduction targets have been validated by the Science Based Targets initiative (SBTi), a corporate climate action organization that enables companies and financial institutions worldwide to play their part in combating the climate crisis. This confirms alignment of the Group’s greenhouse gas emissions reduction targets with the SBTi Net-Zero Criteria.

The validation covers both Husqvarna Group’s net-zero target and updated near-term target, encompassing greenhouse gas emissions across Scope 1, 2 and 3. According to the validation by the SBTi, Husqvarna AB commits to achieve net-zero greenhouse gas emissions across its value chain by 2050, and to reduce absolute Scope 1, 2 and 3 greenhouse gas emissions by 60.28 percent by 2030 and by 90.0 percent by 2050, from a 2015 base year. This includes direct emissions from the Group’s own operations, indirect emissions from purchased energy, and the most material categories of value-chain emissions, where the majority of Husqvarna Group’s climate impact occurs.

“Having our climate targets validated by the Science Based Targets initiative is an important confirmation that Husqvarna Group’s climate targets are both ambitious and credible under the SBTi’s criteria. Sustainability is a long-standing strategic priority for Husqvarna Group, and this validation provides a clear, science-based pathway for our continued work to reduce emissions across the entire value chain,” says Glen Instone, CEO at Husqvarna Group.

The validated climate targets provide a framework for Husqvarna Group’s continued sustainability work and are implemented as part of the Group’s overall business strategy. The validation also strengthens transparency towards customers, investors and other stakeholders regarding Husqvarna Group’s long-term climate efforts. Further details on the Group’s climate targets, methodology, scope, base year and progress are available in Husqvarna Group’s Annual Report, accessible at www.husqvarnagroup.com.

More information about Husqvarna Group’s validated targets can be found on SBTi’s website, using search word Husqvarna AB.

For additional information, please contact:
Media
Henrik Sjöström, Head of external communication
+46 727 – 15 77 85
press@husqvarnagroup.com

Investors
Emelie Alm, Vice President Investor Relations
+46 705 – 14 64 14
ir@husqvarnagroup.com

Husqvarna Group

Husqvarna Group is a global leader in innovative solutions for managing forests, parks, and gardens, as well as equipment and diamond tools for the construction industry. With an innovative mindset, we are dedicated to delivering high-quality solutions ranging from robotic mowers to chainsaws, watering systems and power cutters, with a strong focus on our customers and future generations.

Founded in the Swedish town Huskvarna in 1689, we have been pioneers in our business for more than three centuries. Today, we are mainly operating under the global Husqvarna and Gardena brands, serving consumers and professionals in over 100 countries through direct sales, dealers, and retailers. Headquartered in Stockholm, Sweden, Husqvarna Group employs approximately 11,900 people in 40 countries and reported net sales of SEK 46.6 billion in 2025. Husqvarna Group is listed on Nasdaq Stockholm.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/husqvarna-group/r/husqvarna-group-s-climate-targets-validated-by-the-science-based-targets-initiative,c4346217

The following files are available for download:

https://mb.cision.com/Main/996/4346217/4083686.pdf

Husqvarna Group’s climate targets validated by the Science Based Targets initiative

 

View original content:https://www.prnewswire.com/news-releases/husqvarna-groups-climate-targets-validated-by-the-science-based-targets-initiative-302767983.html

SOURCE Husqvarna Group

Continue Reading

Technology

Planning a Group Visit to Medtec Shanghai: A Corporate Buyer’s Guide

Published

on

By

SHANGHAI, May 11, 2026 /PRNewswire/ — Sourcing complex medical device components is rarely a solo job. Building a secure supply chain requires direct input from product engineering, quality control, and executive procurement teams. Sending your entire group to the Medtec China exhibition ensures that all departments align perfectly on crucial manufacturing decisions.

As the premier event for medical device research, development, and manufacturing, this gathering provides the ideal environment for corporate buyers to evaluate global suppliers. Mark your calendar for September 1-3, 2026, at the Shanghai New International Expo Center (Halls N1-N4). You can secure free early bird tickets by registering your team between April 1 and August 30. If you wait until the event begins, on-site registration will cost 100 RMB per person. Register your team today to claim your free passes, explore groundbreaking innovations, and streamline your next major product launch.

The Strategic Advantage of Attending as a Team

When you step into a massive Shanghai medical expo, the sheer scale of the event can easily overwhelm a single buyer. Spanning multiple massive exhibition halls, the floor features thousands of advanced raw materials, heavy machinery displays, and compliance software solutions.

Divide and Conquer the Show Floor

Bringing a corporate group allows you to multiply your sourcing power. A single buyer simply cannot evaluate a new biocompatible polymer supplier while simultaneously watching a live demonstration of robotic assembly arms on the other side of the convention center. By sending a specialized team, you can divide and conquer. While your procurement manager negotiates bulk pricing for extrusion tubing, your lead mechanical engineer can inspect smart factory automation tools in a completely different pavilion.

Cross-Functional Vendor Evaluation

Approving a new manufacturing partner requires multiple distinct perspectives. An engineer must verify mechanical tolerances, a quality control specialist needs to review ISO 13485 certifications, and a buyer has to assess minimum order quantities. When your team evaluates a vendor together at the booth, you can ask all these critical questions simultaneously. This unified approach prevents the endless email chains and internal delays that typically plague international sourcing.

How to Coordinate a Seamless Corporate Visit

Planning a productive overseas trip for multiple stakeholders requires strict organization. If your team arrives without a cohesive plan, you risk duplicating efforts and missing out on key suppliers.

Set Clear Group Sourcing Goals

Before you book any flights or hotels, hold a comprehensive pre-trip planning meeting. Identify the specific bottlenecks currently slowing down your production lines. Create a master list of required components and delegate exact sourcing targets to specific team members.

Define technical requirements: Gather all CAD drawings, material specifications, and regulatory benchmarks.Establish budget limits: Ensure the procurement team knows the exact target price points for raw materials and contract manufacturing services.Identify target exhibitors: Review the official online exhibitor list together and highlight the companies your team absolutely must meet.

Manage Logistics and Registrations Early

Ensure every member of your group registers during the free early bird window to avoid unnecessary on-site fees. When booking travel, secure hotel accommodations as close to the Shanghai New International Expo Center as possible. Minimizing morning transit times keeps your team energized and focused on the highly demanding work of vendor negotiation.

Tips for Maximizing Team Productivity at the Event

Once your group arrives at the exhibition, you must balance individual exploration with coordinated team strategy. Protect your time to secure the highest possible return on your travel investment.

Assign Specific Engineering Pavilions

The exhibition floor groups vendors by their specific engineering capabilities. Leverage this logical layout by assigning your staff to the zones that match their daily expertise:

R&D Engineers: Focus on the advanced materials pavilions, searching for shape-memory alloys, specialized ceramics, and rapid prototyping services.Quality Assurance Experts: Dedicate time to the testing and metrology sectors, evaluating visual inspection cameras and compliance management software.Supply Chain Managers: Target the contract manufacturing and packaging halls to negotiate lead times and sterile delivery options.

Schedule Daily Debriefs

Continuous communication prevents team members from operating in silos. Schedule a mandatory debriefing session at the end of each day, either over dinner or at a quiet coffee shop. Use this time to share findings, compare notes on promising new suppliers, and identify any overlapping interests. If an engineer finds a highly capable components manufacturer, the entire team can plan a joint follow-up meeting at that booth for the following morning to finalize a capability audit.

Prepare Your Team for Manufacturing Success

Attending a major medical device exhibition as a unified corporate group entirely transforms your procurement strategy. It eliminates internal communication barriers, speeds up the vendor vetting process, and helps you build a much more resilient supply chain.

Do not let your competitors outpace your manufacturing capabilities. Review your upcoming project pipelines, assemble your core sourcing team, and secure your group registration for Medtec China 2026. Empower your staff with the tools and contacts they need to secure the best manufacturing partnerships in the global market.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/planning-a-group-visit-to-medtec-shanghai-a-corporate-buyers-guide-302767999.html

SOURCE Medtec China

Continue Reading

Technology

Share buybacks in Ericsson during the period May 4 – May 8, 2026

Published

on

By

STOCKHOLM, May 11, 2026 /PRNewswire/ — During the period May 4 – May 8, 2026, Telefonaktiebolaget LM Ericsson (publ) (“Ericsson”) (LEI code 549300W9JLPW15XIFM52) repurchased own Class B shares (ISIN: SE0000108656) as follows:

Date

Aggregated daily volume (number of shares)

Weighted average share price per day (SEK)

Total daily transaction value (SEK)

2026-05-04

250,000

108.3303

27,082,575.00

2026-05-05

800,000

110.8867

88,709,360.00

2026-05-06

500,000

111.3745

55,687,250.00

2026-05-07

500,000

110.2140

55,107,000.00

2026-05-08

600,000

109.0358

65,421,480.00

Total

2,650,000

110.1916

292,007,665.00

The share repurchases are a part of the share buyback program of up to SEK 15,000,000,000 which Ericsson announced on April 16, 2026, and which runs between April 23, 2026, and March 31, 2027, at the latest. The Board of Directors intends to propose to the 2027 Annual General Meeting that the repurchased shares, other than those used to fulfil Ericsson’s obligations under its share-related incentive programs, are cancelled.

The share buyback program is executed in accordance with the Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse (“MAR”) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing MAR (“the Safe Harbour Regulation”).

All acquisitions have been carried out on Nasdaq Stockholm by Goldman Sachs Bank Europe SE on behalf of Ericsson. A full breakdown of the transactions is attached to this announcement.

Following the repurchases above, Ericsson’s holding of treasury stock amounts to 46,763,592 Class B shares. There are in total 3,371,351,735 shares in Ericsson, 261,755,983 shares of Class A and 3,109,595,752 shares of Class B.

NOTES TO EDITORS:

FOLLOW US:

Subscribe to Ericsson press releases
Subscribe to Ericsson blog posts
https://x.com/ericsson
https://www.facebook.com/ericsson
https://www.linkedin.com/company/ericsson

MORE INFORMATION AT:
Ericsson Newsroom
media.relations@ericsson.com (+46 10 719 69 92)
investor.relations@ericsson.com (+46 10 719 00 00)

FOR FURTHER INFORMATION, PLEASE CONTACT:
Contact person
Investors
Daniel Morris, Vice President, Head of Investor Relations
Phone: +44 7386 657217
E-mail: investor.relations@ericsson.com

Lena Häggblom, Director, Investor Relations
Phone: +46 72 593 27 78
E-mail: lena.haggblom@ericsson.com

Alan Ganson, Director, Investor Relations
Phone: +46 70 267 27 30
E-mail: alan.ganson@ericsson.com

Media
Ralf Bagner, Head of Media Relations
Phone: +46761284789
E-mail: ralf.bagner@ericsson.com

ABOUT ERICSSON:
Ericsson’s high-performing, programmable networks provide connectivity for billions of people every day. For 150 years, we’ve been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/ericsson/r/share-buybacks-in-ericsson-during-the-period-may-4—may-8–2026,c4346730

The following files are available for download:

https://mb.cision.com/Main/15448/4346730/4085654.pdf

Share buybacks in Ericsson during the period May 4 – May 8, 2026

https://mb.cision.com/Public/15448/4346730/b58b8bdcbcebf5e9.xlsx

Daily Ericsson Share Buyback Report

 

View original content:https://www.prnewswire.com/news-releases/share-buybacks-in-ericsson-during-the-period-may-4–may-8-2026-302768000.html

SOURCE Ericsson

Continue Reading

Trending