G&W Electric has unveiled a strategic investment in Safegrid, enhancing its capabilities in smart grid monitoring and predictive technologies.
Safegrid, the Finnish developer of the Intelligent Grid System, provides an advanced platform that employs instant-on wireless sensors and cloud-based analytics.
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This technology enables utilities and grid operators to locate, predict and prevent grid faults more efficiently.
This move aligns with G&W Electric’s commitment to innovation and positions the company at the forefront of fault location and predictive solutions for medium-voltage grids.
G&W Electric chairman and owner John Mueller said: “The smart grid sector is undergoing a transformative shift driven by decarbonisation, decentralisation and digitalisation. At G&W Electric, we continuously seek opportunities to advance grid reliability and resiliency through cutting-edge technology.
“Our investment in Safegrid supports our vision of integrating smart monitoring and predictive analytics into power distribution solutions, helping utilities proactively address grid challenges.”
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By GlobalDataG&W Electric’s investment will allow it to gain strategic insights into grid performance challenges and collaborate on research initiatives.
The partnership promises to improve grid resilience by enabling utilities to monitor the age and health of electrical equipment more effectively.
This is especially important in extreme weather conditions, where predictive capabilities can prevent system failures.
The investment also strengthens G&W Electric’s role as a leader in power grid automation, providing AI-enhanced, data-driven insights to its customers.
Safegrid Oy CEO Paula Laine said: “G&W Electric’s strategic investment demonstrates their strong commitment to our technology and team.
“Our partnership comes at an important time in Safegrid’s history as we continue to make strong inroads into the US with an expanding customer base, growing demand for smart fault solutions and the recent appointment of our founder, Jussi Hakunti, as our new president of Safegrid USA.”
G&W Electric’s investment in Safegrid marks a significant step towards smarter grid monitoring solutions.
It offers utilities innovative tools to predict and prevent grid faults, ensuring a more resilient power infrastructure.
