CG presents new Smart Grid facility in Grenoble
- A high tech site specialised in HV, MV and LV smart grid solutions
- Production at the facility will begin in January 2016
- Grenoble is a leading metropolis in Smart Grid innovation
Paris, October 14, 2015: Avantha Group Company CG today presented its new Smart Grid solution centre in Grenoble, a high tech site specialised in smart solutions of HV, MV and LV electricity networks. Last November CG had announced the selection of Grenoble for establishing the centre for ZIV smart grid solutions in France. The production at the facility will begin in January 2016, according to the timetable indicated by ERDF. CG will also contribute to the creation of sustainable local employment, as this centre will make available, around 200 direct and indirect jobs in the area, once full production capacity is reached.
Having been selected as one of the six companies to manufacture the ERDF Linky meters to be deployed in France, the facility in Grenoble is in line with providing local support to ERDF that announced in 2014 a massive deployment of 35 million smart meters by 2021. With France hosting and presiding over COP21, also known as the 2015 Paris Climate Conference marking its commitment to keeping global warming below 2°C, CG plays an important role by providing smart solutions for energy efficient sustainable electricity networks that contribute to the goal of reducing global warming in the world.
CG, after acquiring ZIV, is a key provider of smart meters and an important player in the global smart grid market. The presence of ZIV reaffirms Grenoble’s position as a city leader in Smart Grids and ZIV will leverage the collaborative opportunities for more efficient management of energy networks. Drawing on the power of the Grenoble ecosystem for smart grid, AEPI, the Grenoble-Isère economic development agency has supported CG through a series of meetings with key stakeholders in research, innovation and the industry. CG has also been accompanied actively by Business France (India & France) in the framework of this project.
"With the inauguration of the ZIV Smart Grid solution centre in Grenoble, we are delighted with ZIV’s commitment, key player of the smart grid market, supporting us in the deployment of the Linky smart meters programme in France. The success of this major ERDF industrial programme is based on a strong partnership with all mobilised industrial companies", said Catherine Cros, ERDF Industrial Director.
Commenting on the significance of the occasion, Avantha Group Company CG’s CEO and Managing Director Laurent Demortier said: "We are pleased to present our new world-class facility in Grenoble and thank everyone who has helped us in making this a reality. We remain focussed on making the smart grid a tangible reality by providing solutions born from innovation and Grenoble serves as the perfect place to set up a facility of this kind. With Europe’s smart metering market expected to grow sharply and hit 180 million units by 2020, the Grenoble facility, together with the existing facilities in Spain, will enable CG to address the demand from large-scale deployments in France, UK, Spain, the Netherlands and other countries in the area”.
ERDF representatives & local authorities with CG`s CEO & MD Mr. Laurent Demortier at the ZIV Smart Grid Centre in Grenoble
Avantha Group Company CG is a global pioneering leader in the management and application of electrical energy. With more than 15,000 employees across its operations in around 85 countries, CG provides electrical products, systems and services for utilities, power generation, industries, and consumers. The company is organized into four business groups: Power, Industrial, Automation, and Consumer.
For more information on CG, please visit: www.cgglobal.com
CG, after acquiring ZIV, is the key provider of smart meters in Spain and an important player in the global smart grid market with more than three million smart meters deployed worldwide. Headquartered in Bilbao, Spain, CG hosts the centre of excellence for the development of smart grid solutions commercialised under the ZIV® brand. CG offers ZIV meters, data concentrator units (DCU), distribution automation solutions (DAS) and Substation Automation Systems (SAS).
The Avantha Group’s entities in diversified sectors include Crompton Greaves (power transmission and distribution equipment and services), BILT (paper and pulp), The Global Green Company Limited (food processing), Biltech Building Elements Limited (infrastructure), Avantha Power (energy), Avantha Business Solutions Limited (IT and ITES), Jg Glass (glass containers).
With a global footprint, the Group operates in 90 countries with more than 25,000 employees worldwide.
For more information on Avantha, please visit: www.avanthagroup.com
For further information, please contact:
|Ms. Paula Sengupta
Global Head – Communications
CG (Crompton Greaves Limited)
10th floor, CG House
Worli, Mumbai 400 030, India
|Mrs. Shravani Dang
Vice President &
Group Head - Corporate Communications
1st floor, Thapar House
24, Janpath Lane, New Delhi 110 001, India
|T : +91 22 24237516 / 67558771
|Tel (D): +91 11 41699282
Tel (B): +91 11 23368332
CG Automation Communications Manager
PT Zamudio, 210. Zamudio.