RWE to set up €130m venture capital fund

RWE plans to set up a new venture capital fund worth €130 million (£100.1m). The company announced it has invested part of the funding in US technology start-up Bidgely. Bidgely offers an application to power companies which allows customers to better manage their energy usage and compare it with similar houses in their area. RWE will introduce the product in […]

E.ON invests in US energy technology start-up

Energy giant E.ON announced it has bought a stake in a US start-up for $16.6 million (£10.6m). Bidgely offers an application to power companies which allows customers to better manage their energy usage and compare it with similar houses in their area. One of the start-up’s features is providing energy-saving tips for home electronics, appliances and heating […]