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Elewit acquires a stake in Unusuals to drive digitalisation of electrical grid maintenance

The collaboration includes Terna Forward, the Corporate Venture Capital (CVC) vehicle of Terna, the Italian transmission system operator (TSO). As a result, Redeia’s technology platform is strengthening its CVC portfolio, focused on Seed and Series A startups. This portfolio already contains seven well-known emerging companies like HESStec, OktoGrid, and Nearby Computing.
Specialised in applying AI to the maintenance of linear structures in the electrical and railway industries, Unusuals took part in the first edition of Elewit’s Venture Client programme. It also won the Data Challenge in 2020 and is currently one of Red Eléctrica’s suppliers.

June 18 2024

venturecapital

The collaboration between Elewit and Aerolaser System has resulted in the DALIA project. The project's goal is to optimise overhead power line inspections, achieving a higher level of automation in monitoring and diagnosis. This is done with an image processing solution using computer vision, AI, and by creating digital models of installations using LiDAR technology.

Optimising power line inspections with digital twins using Aerolaser System’s technology

Within the DALIA project, Elewit and Aerolaser System are creating a digital twin of the entire electricity transmission infrastructure managed by Red Eléctrica. The aim is to improve efficiency and safety in infrastructure maintenance and incident prevention.

June 12 2024

ViSync paves the way for a new way of regulating and operating grids more dynamically, adding stability and allowing for greater penetration of renewable energies. It is a disruptive project born from the collaboration of Red Eléctrica with HESStec, CEN Solutions, S2 Grupo, and CERE. A collaboration that will bring to life one of the first systems worldwide to operate as a virtual synchronous compensator.

Elewit and HESStec revolutionize Energy Storage with the Launch of Their Synchronous Grid-Forming Hybrid Storage Project

Elewit has a stake in the capital for technology-based startups that strategically align with the ecological transition, and HESStec's hybrid storage solution is one of the company's main investments.

May 30 2024

Being part of a company like CounterCraft, which works in cybersecurity with leading global players, allows Redeia to be constantly updated on the evolution of technologies and potential cyber-threats. At this very moment, projects are being developed with the startup alongside the company's cyber-IT and cyber-OT teams

Optimizing Redeia's cybersecurity with CounterCraft's Cyber Deception Platform

Elewit is committed through its Corporate Venture Capital to CounterCraft's technology that detects cyber-attacks by creating synthetic scenarios that make attackers believe they are in a real environment

May 23 2024

The storage and renewables hybridization project was developed by HESStec alongside Red Eléctrica and Acciona. The project implemented a hybrid storage system in a renewable plant to improve its stability, operation and reliability, and received the Innovation of the Year Award in the framework of RENMAD Storage 2023 held in Toledo

Elewit, through its CVC, is committed to develop a hybrid storage system with HESStec in a storage and renewable hybridization project

As part of the storage and renewables hybridization project, the companies implemented a hybrid storage system in a renewable plant aiming to improve its stability, operation and reliability.

May 7 2024