Today at the DistribuTECH Brazil conference, Silver Spring Networks, Inc. (NYSE: SSNI), a leading networking platform and solutions provider for smart energy networks, and CPFL Energia, Brazil's largest private electricity group, announced the successful completion of the Grupo A client smart grid rollout in the state of Sao Paulo. The next phase, which calls for CPFL to implement the smart grid for Grupo A clients in the state of Rio Grande do Sul, is expected to bring the total number of commercial and industrial customers connected to over 25,000 by the end of 2014.
CPFL also expects to leverage the already installed Silver Spring networking platform for an initial project to deploy the smart grid to residential, low-voltage customers later in 2013. CPFL further expects to partner with Silver Spring on an initial Distribution Automation project which will automatically reinstate itself in case of failure, redirecting energy flows though alternative channels to increase service reliability. This Distribution Automation project will also leverage Silver Spring’s standards-based network already in place.
“CPFL is leading the Brazilian energy industry with this smart grid rollout, unlocking benefits for customers, and improving the operating efficiency of its grid,” said Arthur Lobato, Country Manager, Silver Spring Networks Brazil. “We’re excited to help CPFL leverage its underlying platform to deliver more advanced smart grid solutions to its customers.”
“As a part of CPFL`s Tauron infrastructure modernization initiative, we’ve devoted much of our investment to this smart grid program,” said Paulo Bombassaro, engineering director at CPFL Energia. “CPFL’s success leading the first commercial-grade smart grid deployment in Brazil is based on the IPv6 platform from Silver Spring, and our customers are already reaping the benefits today.”“We congratulate CPFL on its initiative to modernize its power infrastructure,” said Nelson Fonseca Leite, President of ABRADEE (Brazilian Association of Energy Distributors). “CPFL has built a successful smart grid deployment case and demonstrated that this is a sustainable concept.”
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV