GridON Overview
GridON offers a commercial, saturated, core-based fault current limiter (FCL) to suppress damaging fault currents on distribution and transmission grids for uninterrupted operation and network stability. By removing fault current constraints, GridON enables increased supply, connection of renewable and distributed generation, and grid interconnectivity without costly network upgrades. The companys commercially available FCL can lower capital expenditures and operating costs and extend the useful life of existing network assets.
Latest News
growth-positive
GridON's breakthrough commercial Fault Current Limiter is in service at a UK Power Networks substation
GridON Ltds Fault Current Limiter (FCL) has been installed and commissioned into service at a UK Power Networks substation. The FCL, developed in partnership with Wilson Transformer Company, suppresses damaging currents in electricity distribution network faults, increasing network capability and reliability. The Energy Technologies Institute funded the £5m development and demonstration project. The FCL enables the cost-effective growth and increased flexibility of electricity networks, allowing for the installation of more low carbon and other electricity generation. It also enables smart distribution networks with increased efficiency, flexibility, reliability, and resilience. The FCL has been fully tested and approved by UK Power Networks and E.ON New Build & Technology. The successful commissioning of the FCL demonstrates the potential for increasing generation and network connectivity while reducing system upgrade costs.
CustomersPartners
growth-positive
Israel's GridOn keeps the lights burning
Israeli company GridON has developed a fault current limiter called the Keeper, which is designed to help utility companies prevent power breakdowns caused by power surges. The device blocks current surges and limits the current for as long as necessary to clear the fault, protecting against multiple faults occurring in quick succession. GridON is already negotiating with major utilities companies globally and has received an Innovation Award from General Electric. The Keeper is expected to be a good fit for European countries, where solutions for power breakdowns have been elusive. GridONs strategic partner and investor is Wilson Transformer Company.
CustomersPartners
growth-positive
GE Invests In Makers Of Solar-Powered Air Conditioners, And Eleven Others
GE plans to invest $45 million in twelve digital energy companies through its Ecomagination business competition. The funded startups are involved in grid management, energy efficiency, and smart grid connectivity. In addition to the investments, GE will give out cash grants and spend on scholarships and university programs to support clean tech talent development. The company aims to support the growth of clean tech businesses and promote energy efficiency.
InvestmentPartners
| Sector | Energy Tech |
Funding
| Total funding | $9.18M |
| Last funding | $378.5K |
| Stage | Mature |
| Rounds | 4 |
| Investors | 0 |
Team Members
3
Employees: 1-10
Web & Social Links
| Website | www.gridon.com |
| Careers | Careers page |
Locations
Tfutsot Yisra'el St 5, Givatayim, Israel
Photos & Videos
2 item(s)
GridON Business
Business models
B2B
Product stage
Released
Employees
1-10
Sector
Climate TechEnergy TransitionEco-Efficient Transmission and DistributionEnergy TechEnergy Management & Grid IntegrationTarget Customer
Energy, Utilities & Waste ManagementUtilitiesElectricityCore Technology
Semiconductors & ElectronicsTags (5)
smart-gridenergypower-gridsclimate-techelectric-utilitiesGeographic Markets
IsraelAustraliaGlobalUnited KingdomGridON Financials
$9.18M
Total funding
—
Capital raised
$378.5K
Last funding
Mature
Funding stage
4
Total rounds
0
Investors
Non-Equity Funding
GrantEvent
Jun 2021
$378.5K
GrantEvent
Jul 2017
$1.7M
EU Horizon 2020
GrantEvent
Jul 2011
$7M
Energy Technologies Institute
GrantEvent
Nov 2010
$100K
General Electric
GridON Lifecycle
All Events
GrantEvent
Jun 2021
$378.5K
GrantEvent
Jul 2017
$1.7M
EU Horizon 2020
GrantEvent
Jul 2011
$7M
Energy Technologies Institute
GrantEvent
Nov 2010
$100K
General Electric
GridON News
3 articles
growth-positive
GridON's breakthrough commercial Fault Current Limiter is in service at a UK Power Networks substation
GridON Ltds Fault Current Limiter (FCL) has been installed and commissioned into service at a UK Power Networks substation. The FCL, developed in partnership with Wilson Transformer Company, suppresses damaging currents in electricity distribution network faults, increasing network capability and reliability. The Energy Technologies Institute funded the £5m development and demonstration project. The FCL enables the cost-effective growth and increased flexibility of electricity networks, allowing for the installation of more low carbon and other electricity generation. It also enables smart distribution networks with increased efficiency, flexibility, reliability, and resilience. The FCL has been fully tested and approved by UK Power Networks and E.ON New Build & Technology. The successful commissioning of the FCL demonstrates the potential for increasing generation and network connectivity while reducing system upgrade costs.
CustomersPartners
growth-positive
Israel's GridOn keeps the lights burning
Israeli company GridON has developed a fault current limiter called the Keeper, which is designed to help utility companies prevent power breakdowns caused by power surges. The device blocks current surges and limits the current for as long as necessary to clear the fault, protecting against multiple faults occurring in quick succession. GridON is already negotiating with major utilities companies globally and has received an Innovation Award from General Electric. The Keeper is expected to be a good fit for European countries, where solutions for power breakdowns have been elusive. GridONs strategic partner and investor is Wilson Transformer Company.
CustomersPartners
growth-positive
GE Invests In Makers Of Solar-Powered Air Conditioners, And Eleven Others
GE plans to invest $45 million in twelve digital energy companies through its Ecomagination business competition. The funded startups are involved in grid management, energy efficiency, and smart grid connectivity. In addition to the investments, GE will give out cash grants and spend on scholarships and university programs to support clean tech talent development. The company aims to support the growth of clean tech businesses and promote energy efficiency.
InvestmentPartners
GridON Team
Employee Info
| Employees (range) | 1-10 |
| Exact count | 5 |
| Team members | 3 |
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GridON Internal
Recent Updates
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Admin Info
| Confidence | 97/100 |
| Missing | funding rounds, markets |
| BI Verification | Yamila Silbert |
| Registrar ID | 514314368 |
| Crunchbase | gridon |
| Phone | +97237311183 |
| Creator | Rebecca Mack |
| Creator email | rebeccamack26@gmail.com |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2023-08-07T00:00:00.000Z |
| Created | 2014-07-14T00:00:00.000Z |
| Claimed | Yes |