8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) July 2, 2008

ACORN ENERGY, INC.

(Exact name of Registrant as Specified in its Charter)

Delaware	0-19771	22-2786081
(State or Other Jurisdiction	(Commission file Number)	(IRS Employer
of Incorporation)		Identification No.)

4 West Rockland, Montchanin, Delaware	19710
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code (302) 656-1707

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-2 under the Exchange Act (17 CFR 240.14a-2)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01 Regulation FD Disclosure.

Paketeria

On July 1, 2008, the Registrant announced an equity investment by Volksbank Meissen in the Registrant’s Paketeria AG equity affiliate, and the agreement to open Paketeria shop-in-bank stores in 12 Volksbank Meissen branches. The press release is contained in Item 9.01 as Exhibit 99.1, and is incorporated in this Item 7.01 by reference.

Equity Interest in Comverge, Inc.; Investment Company Act Status

During the second quarter of 2008, the Registrant sold 757,367 shares of the Common Stock of Comverge, Inc. in the open market. The proceeds of the sales were $9.7 million, reflecting an average sales price of $12.78 per share.

The Registrant continues to hold 1,006,298 shares of Comverge Common Stock with a market value of $14.1 million, based on the closing price for the Comverge Common Stock on the Nasdaq Global Market on June 30, 2008 of $13.98. As of June 30, 2008, the Registrant had cash and cash equivalents of approximately $15.6 million and restricted cash of approximately $2.5 million. These figures reflect cash and cash equivalents at the Registrant’s corporate parent level and do not include cash and cash equivalents at the Registrant’s majority-owned subsidiaries.

The Registrant believes that, as of June 30, 2008 and as of the date of this current report on Form 8-K, the value of the Registrant’s investment securities (as defined in the Investment Company Act of 1940 and the rules and regulations thereunder) does not exceed 40% of its total assets (exclusive of cash items) on an unconsolidated basis. The Registrant therefore believes that it is not an investment company for purposes of the Investment Company Act.

***

The information furnished under this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.

Item 9.01Financial Statements and Exhibits.

(d) Exhibits

99.1 Press release of Acorn Energy, Inc. dated July 1, 2008.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized on this 2nd day of July 2008.

ACORN ENERGY, INC.
By:	/s/ Sheldon Krause
Name:	Sheldon Krause
Title:	Secretary and General Counsel

EX-99.1

Exhibit 99.1

For Immediate Release

Acorn Energy Equity Affiliate Paketeria AG Gets Volksbank Investment

12 Shop-and-Bank Stores to Open in Volksbank Meissen Branches

MONTCHANIN, DE, July 1, 2008 — ACORN ENERGY, INC. (NasdaqGM: ACFN), a holding company focused on intelligent energy infrastructure and restructuring retail electricity markets, today announced that its Paketeria affiliate in Germany has deepened its partnership with the Volksbank network this week with the execution by Volksbank Meissen of an agreement to open 12 “shop-in-bank” locations in Meissen — two in August and the remaining ten in the fall. This follows the May opening of “stop-in-bank” pilot stores in five Volksbank branches in Celle, a suburb of Hanover with a population of 70,000.

As part of the agreement, Volksbank Meissen also made a small equity investment in Paketeria.

Volksbank Meissen’s first major promotion will be Stromboerse (100% owned by Paketeria) services for cost savings on energy and gas.

Remarked Acorn Energy CEO, John Moore: “The investment and 12 stop-in-bank licenses by Volksbank Meissen is very important, as it follows the early success of the five pilot stores at Volksbank Celle. We are very impressed at the speed of Volksbank’s management to embrace this opportunity.”

“This is another milestone in the development of our shop-in-bank concept. We are in negotiations with many other Volksbanks and are excited about these future opportunities for expansion of the shop-in-bank model,” said Paketeria CEO Andy Rosch.”

About Paketeria AG

Paketeria is traded on the Frankfurt Stock Exchange under the symbol a0styl. The “shop-in-bank” service model offers postal services, retail electricity contracts, internet-terminals, cell phone usage, Ebay agency, copy and printing services, photo developing, and cartridge refilling.

About Volksbank

Volksbank is a federation of 1,250 independent savings banks with over 14,000 branches and 30 million customers throughout Germany.

About Acorn Energy, Inc.

Acorn Energy is a publicly traded holding company focused on improving the efficiency of the energy grid and reducing the environmental impact of the energy sector. Acorn Energy’s operating companies leverage advanced technologies to transform the existing energy infrastructure. Acorn’s strategy is to take primarily controlling positions in companies led by great entrepreneurs and add value by supporting those companies with marketing, strategy and business development.  Acorn Energy is a global company with equity interests in Comverge, CoaLogix, DSIT, Gridsense, Coreworx, Local Power and Paketeria. For more information visit www.acornenergyinc.com.

CONTACT:

Christianna Miller

Director of Communications

Acorn Energy, Inc.

(302) 656-1707

cmiller@acornenergyinc.com

Investor Contact

BPC Financial Marketing

John Baldissera

800-368-1217