Infineon partners with Smart Wires to shape up existing grids for renewables

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Munich, Germany and Milpitas, CA, USA – 13 October 2017 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) is partnering with Smart Wires on the design of the SmartValve™. Infineon announced its collaboration with the Silicon Valley-based technology company at the OktoberTech 2017 Technology Forum. Since today’s grids are extremely challenged, utilities demand more economic, flexible solutions for the integration of renewable energies. New lines and other upgrades are, however, often costly and sometimes infeasible. At the same time, industry experts highlight that global power grids were built without valves to control the flow of power for higher efficiency.

Link to full release: www.infineon.com