NEWSWIRETODAY Press Release& Newswire Distribution | HOME
MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
More news: Energy
Written by / Agency / Source: Greenlet Technologies
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Greenlet Technologies Secures Investment from Israel G-Tek, LLC - Greenlet Technologies, an Israeli-based smart grid company, announced that it has secured an investment from Israel G-Tek, a Florida based private equity fund dedicated to Greentech investments
Greenlet Technologies Secures Investment from Israel G-Tek, LLC

 

NewswireToday - /newswire/ - Tel Aviv, Israel, 2010/09/22 - Greenlet Technologies, an Israeli-based smart grid company, announced that it has secured an investment from Israel G-Tek, a Florida based private equity fund dedicated to Greentech investments.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Greenlet Technologies specializes in scalable energy control systems for electric utilities. The solution includes central management software for control centers of electric companies, and self-deployable, pluggable Greenlet™ units that are shipped to consumers. The units monitor and control device-specific loads, while management software lets utilities and energy service companies control and monitor demand in real time. Greenlet enables the quick deployment of Peak Shaving programs, calculation of consumer returns, and verification of true power reduction without the need for professional installation.

By building self-deployable virtual power plants for reduction of power consumption during peak hours, Greenlet helps electric utilities avoid power outages and extremely high generation costs, while customers enjoy sizable payments for power reduction during peaks. Greenlet also supplies a personalized portal so customers can monitor and control power usage at all times.

In September 2010, Greenlet (greenlet.net) effectively completed a three-month pilot project with the Israel Electric Corporation (IEC), the only integrated electric utility in the State of Israel. As a result, the companies will be entering a rollout phase that includes more than 150 residential areas in the winter of 2010. The company was also selected as a top five finalist at IBM’s Israel SmartCamp 2010, a prestigious event recognizing the world’s smartest start-ups.

Managed by Sami Shiro and Uri Benhamron, Israel G-Tek (ig-tek.com) identifies and invests in top-rate GreenTech companies mostly in Israel. The company is a key investor in Israeli start up IQ-Wind, an innovator in the wind energy industry, as well as in CTG a water technology holding company. It also holds a stake in US companies Bloom Energy, Fisker Automotive and Serious Materials.

“We are very proud to have Greenlet Technologies as our sixth investment for our portfolio. The company has introduced a promising technology to the market, relating to a significant growth industry. The team is managed by seasoned professionals, has demonstrated unparalleled execution and we are excited about our shared vision.” said Uri Benhamron, Managing Partner at Israel G-Tek.

“This investment was secured at the right time as we enter an intense phase of production & sales, and ramp up our marketing activity in the US,” said Avner Cohen, CEO of Greenlet Technologies. “We have a number of partnerships and pilot projects with leading US utilities in the pipeline, which we expect to announce in the coming months. For now, our goal is to increase brand awareness in the US through tradeshows and direct marketing efforts.”

For more information on IQWind visit iqwind.com/.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Greenlet Technologies

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Greenlet Technologies Secures Investment from Israel G-Tek, LLC

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Yona Cymerman - Greenlet.net 
+972 3 649 3144 info[.]greenlet.net
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Greenlet Technologies securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Greenlet Technologies / Company Profile


Read Energy Most Recent Related Newswires:

Voith Hydro Upgrades Three Power Units from Belgium’s Largest Pumped Storage Plant Coo-Trois-Ponts Owned by ENGIE Electrabel
Basel Selects ABB Charging Technology for Sustainable e-Bus Operations of the Future
TotalEnergies Chooses Nexans Solar Trackers to Recycle A Landfill Site into A Solar Farm
Nexans Teams Up with Parkwind to Ensure the Business Continuity of its Offshore Windfarms
ABB and PERIC Join Forces to Develop the Future of Efficient Hydrogen Generation Technology
ABB Launches the World’s Fastest Electric Car Charger
Crow Wing Power Completes Tantalus Smart Grid Deployment
ABB Launches Industry-first Medium Voltage UPS that Delivers 98 Percent Efficiency¹
Gold Fields Orders ABB Integrated Power and Automation System for Chilean Project
Nexans Classified Cables to Play Key Control and Safety Role At Two Nuclear Power Station Projects in China
PONANT’s Polar Explorer Reaches North Pole with ABB Technology, Setting New Standards for Cruise
ABB Containerized Energy Storage Offers Plug-in Battery Power for A Wide Range of Ships
Caterpillar to Expand Hydrogen-Powered Solutions to Customers
Chevron, Caterpillar Announce Collaboration Agreement on Hydrogen
DSM Sitesin Jiangsu Province, China in First Group to Sign Renewable Energy Power Purchase Agreements

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Mokuyobi

Visit  The Franchise Group





 
  ©2021 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)