CEVA Leads Israeli Smart Grid Consortium In Smart Grid Technologies
CEVA has announced that the Israeli Smart Grid (ISG) Consortium which it helped spearhead has received the backing of the Israeli Chief Scientist under its MAGNET R&D Program. The group consists of seven industrial partners and five academic institutions. It will use the funding for a three to five year development program focused on new technologies and algorithms for the emerging smart grid market, including communication technologies, demand response and consumption forecasting.