This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Itron Enters Into Solar Market With Extended Product Portfolio

Stocks in this article: ITRI

Itron, Inc. (NASDAQ:ITRI) announced today it has expanded its capabilities with a dedicated meter for the solar market. The revenue-grade solar meter, which utilizes an Itron cellular communication module, is ideal for monitoring the energy production of residential and commercial solar photovoltaic (PV) systems.

The availability of third-party-owned residential solar systems has driven rapid growth in the solar market. Itron’s solar offering takes advantage of this growth by enabling third-party solar providers to collect, store and upload a solar system’s production data over an existing cellular network link.

“Leveraging our existing technology and expertise, Itron is well-positioned for growth in the solar market. Solar and the integration of renewable energy into the grid have long been a part of our smart grid vision,” said Russ Vanos, vice president of global smart grid and business development at Itron.

With developments in renewable energy increasing, so does the need to effectively monitor and manage the integration of these energy resources into the electrical grid. Itron’s solar offering gives solar providers an accurate, reliable way to measure and manage solar production data with a secure, low-cost communication network for data collection.

“Cellular is a natural fit for the solar market,” said Campbell McCool, marketing communications for Itron Cellular Solutions. “Cellular communications leverage existing infrastructure, making solar meters easy and affordable to connect, and can easily and cost-effectively scale as more solar resources are added in various locations. In addition, increasingly low rates make cellular an appealing option for solar providers.”

The current offering includes Itron cellular communications and associated Itron software. Itron also offers a hosted server option so that solar providers don’t have to worry about adding another system to manage and operate with in-house staff. With Itron Managed Services, production data is collected and provided via web services or XML files to the solar providers' in-house systems or web-portal systems.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,672.60 -141.38 -0.79%
S&P 500 2,051.82 -11.33 -0.55%
NASDAQ 4,757.8790 +7.4820 0.16%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs