Itron Launches Smart Water Metering Project in Fiji Islands

Itron has partnered with Pacific Technologies and Fiji's Water Authority to launch the first smart water metering project in Fiji. The deployment aims to modernize Fiji's water infrastructure and provide sustainable, efficient, and reliable water services. Itron's solution enables the Water Authority to upgrade its network at its own pace, withstand tough coastal conditions, and progress in its digital transformation. The initiative supports the Water Authority's goals, including reducing non-revenue water and upgrading aging infrastructure. The partnership is expected to be completed by the third quarter of 2025.

Itron, Inc. (ITRI) has recently partnered with Pacific Technologies and the Water Authority of Fiji (WAF) to launch the first smart water metering project in the Fiji Islands. The deployment, which began in May 2025 and is expected to be completed by the third quarter of 2025, marks a significant milestone in modernizing Fiji’s water infrastructure. By leveraging Itron’s smart water solutions, WAF is accelerating its digital transformation to provide sustainable, efficient, and reliable water and sanitation services across the nation [1].

The initiative supports WAF’s Water Sector Strategy 2050, which outlines five critical goals: clean water, safe sanitation, livability and sustainability, financial stability, and a skilled workforce. One of the biggest challenges WAF faces is aging infrastructure and reducing non-revenue water, currently estimated at 47% of production. To address this, WAF is upgrading its current meters to Itron’s durable mechanical meters fitted with Cyble communication modules. These modules convert standard meters into smart devices quickly and cost-effectively, with a simple clip-on design requiring no wiring or wall mounting [1].

Data from these meters will be collected using Temetra, Itron’s widely adopted, cloud-based, multi-vendor meter data management platform. Temetra enables seamless, drive-by data collection and long-term storage, eliminating manual meter readings while ensuring easy access to consumption records for billing or service inquiries. By integrating Itron’s Cyble modules with the Temetra platform, WAF gains advanced analytics to pinpoint both real and apparent water losses, improving efficiency across its water network [1].

Operating in a challenging environment, Fiji’s water infrastructure is constantly exposed to salt spray from the South Pacific Ocean, leading to corrosion risks. Itron’s technology is built for resilience—its Cyble modules are resistant to corrosion, contaminants, and temperature extremes, helping WAF minimize maintenance costs and avoid frequent replacements [1].

Itron is well-positioned to benefit from increasing utility modernization initiatives, resulting in higher uptake of its grid edge intelligence platform and steady demand across its robust portfolio spanning intelligent devices, software, and analytics. Recently, Itron reported non-GAAP earnings per share (EPS) of $1.62 for the second quarter of 2025, beating estimates and increasing year over year, driven by strong pretax operational results [1].

ITRI’s Zacks Rank and Stock Price Performance ITRI currently carries a Zacks Rank #2 (Buy). The stock has gained 24.5% in the past year against the Zacks Electronics - Testing Equipment industry’s decline of 2.5% [1].

References:
[1] https://www.nasdaq.com/articles/itron-launches-smart-water-metering-project-fiji-water-utility
[2] https://finance.yahoo.com/news/itron-launches-smart-water-metering-144800105.html