The Faraday Grid collapsed owing almost £6 million to electronics manufacturing giant Foxconn, as well as hundreds of thousands of pounds to PR agencies, IT vendors, travel agents and software companies.
Kaluza is to follow up its recent manufacturer partnerships with agreements including both network companies and energy suppliers to help benefit consumers.
Good Energy has announced an agreement with Kraken Technologies that will see the clean energy supplier adopt the company’s customer services technology platform.
The assets of defunct energy technology company The Faraday Grid are set to be acquired by Third Equation, an entity founded by ex-Faraday Grid chief executive Andrew Scobie, Current± understands.
Samsung, energy supplier Bulb and energy tech firm Chameleon have launched a new tool designed to help consumers make smarter, more energy efficient decisions at home.
Innogy Innovation Hub has invested in ShieldIOT in a funding round that saw the Internet of Things (IoT) security company raise US$3.6 million (£5 million).
The Big Six need to get a grip of technological evolutions and must be prepared to collaborate with new partners to do so, or risk getting left behind.
