Smart grid technology provider Landis+Gyr announced it won 31 contracts with municipal and public power utilities in the U.S. between January and July this year. The company, which is based in Switzerland, said it anticipates its existing customers may replace their current metering technology and grow their smart grid projects, which could in turn expand Landis+Gyr's contract volume three times its original size. Utilities are now updating their power systems using smart grid technologies to increase reliability and communications between power producers and consumers.
The company's offerings include Gridstream RF mesh network technology, which improves connectivity to meters, sensors and grid automation devices.
"Public power utilities from Alaska to Alabama are choosing Gridstream not only for the technology, but the support options, proven history and leading-edge applications to augment every department in the utility," Prasanna Venkatesan, executive vice president of Americas at Landis+Gyr, said in a statement.
Previously, Landis+Gyr celebrated another major achievement after ERDF in France chose the company to supply smart grid devices for the first phase of a smart metering initiative. The French utility said it plans to install 35 million smart meters by 2021.