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Stock impact report

Itron and Norgesnett Collaborate on First Grid Edge Computing Deployment in Nordics

Itron, Inc. (ITRI) 
Last itron, inc. earnings: 2/24 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.itron.com/investor-relations
Company Research Source: GlobeNewswire
LIBERTY LAKE, Wash., April 02, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is working together with Norwegian energy utility, Norgesnett, on the first-ever edge computing deployment in the Nordics with Itron’s Grid Edge Intelligence portfolio, which includes distributed intelligence (DI)-enabled smart meters. As part of Norgesnett’s Advanced Metering Infrastructure (AMI) grid modernization roadmap, the utility will leverage DI to gain greater distribution system visibility and control at the grid edge, from the consumer to the substation. By enabling edge computing, DI lays the foundation for efficient adoption and flexibility of distributed energy resources, enhances grid network awareness, improves decision-making and streamlines real-time grid operations. Norway has almost an entirely renewables-based electricity system, and almost 96% of new cars registered in Norway in January 2025 were Show less Read more
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