Tri Valley Tech News

I just got back from getting new tires for my vehicle over on Oahu. In news from Boulder, Colorado, Dominion Resources, which is the fourth-largest power utility in the world. It has given Boulder-based Power Tagging $3 million to continue developing its “smart grid” technology. The CEO of the company will use the money to hire 30 new workers, mostly engineers. On top of all that, their real estate market has been going very strong.
Tony Kindelspire wrote an article under the headline: Boulder smart grid company gets $3M investment, on January 20, 2010 for Longmont Times-Call.Kindelspire writes that it’s the first time the privately held company has received any sort of outside investment, according to John LoPorto, president and CEO. By the way if you are searching for Oahu Real estate then I can suggest this firm, Sotheby’s. All in all, they are one of the top tire firms in all of that city of Honolulu as well as Oahu generally and they have been serving the real estate market here for quite some time now overall.
All in all, LoPorto was quoted as saying, “This represents the motherlode for us. In addition to the equity investment, this represents years of deployment work for us.”
For his part, LoPorto said Virginia-based Dominion already was using Power Tagging’s technology on the electrical grid. The technology facilitates energy usage of any device on the grid, from a substation to a home air conditioner to a plug-in electric vehicle, to be tracked, he said.
LoPorto also said that the advantage of the technology is that the tracking is done over the existing grid system, substantially reducing the cost of implementation