New Investment Firm to Finance Microgrids with an Initial $30M

finance microgrids

First comes government support for new energy technologies. Then, if the technology proves out, come private investors. So it's significant to note the launch this week of a new private firm to finance microgrids. Crescendo Power has formed to offer an initial $30 million in equity financing for commercial and industrial microgrids and … [Read more...]

Renewable Energy and Microgrids Offer Colleges a Path to Cutting Carbon: Report

renewable energy and microgrids

It’s no secret that colleges and universities are some of the biggest microgrid users. But a new report says we should see more renewable energy and microgrids at these institutions. The report, from Environment America Research & Policy Center, “Renewable Energy 100: The Course to a Carbon-Free Campus,” says that the shift to 100 … [Read more...]

NY Prize Announces Stage 2 Microgrid Winners; Sweetens the Pot by $50M Per Finalist

microgrid winners

In a much anticipated move, Gov. Andrew Cuomo today announced the microgrid winners for Stage 2 of the NY Prize, as well as significant new financial support for those who go on to win in the third and final stage. Each of the 11 microgrid projects that won Stage 2 will receive $1 million, for $11 million in total, allotted as part of a $40 … [Read more...]

CPS Energy’s Microgrid is the Start of Big Plans for the Utility

CPS Energy's Microgrid

CPS Energy’s microgrid, its first, is small. But don’t let that fool you. The San Antonio, Texas utility is thinking big. Located at the library of a military base, the microgrid is acting as a learning vehicle for the nation’s largest municipally owned gas and electric utility, a stepping stone toward its vision of a microgrid future. “We’re … [Read more...]

One Day, Two States, History Making Moves on Distributed Energy Resources

distributed energy resources

It was a shot heard around the world – or two shots rather – when yesterday New York and Massachusetts each took bold steps to accelerate distributed energy resources. New York ordered actions that begin placing a value on distributed energy resources, a key move in creating the kind of decentralized grid the state is pursuing under its … [Read more...]

Microgrid Revenue Rose 29% Worldwide in 2016; Energy Storage up 45%

microgrid revenue

Microgrid revenue rose 29 percent from 2015 to 2016, reaching $6.8 billion globally, according to a report issued today by Advanced Energy Economy (AEE). Prepared by Navigant Research, AEE’s 2017 Market Report also found that Asia Pacific led the microgrid market followed by North America. In the United States, the microgrid market continued … [Read more...]

Sustainable Microgrid Technologies for the Next Generation: University of Missouri

sustainable microgrid

Sustainable microgrid technologies are helping the University of Missouri achieve its carbon reduction goals. We explain the evolution of the microgrid in this excerpt from Gas Turbine Microgrids: Reliability and Sustainability through Intelligence. The University of Missouri (Mizzou) has been able to reduce its coal consumption by 73 … [Read more...]

Renewables and Microgrids and Nothing Else: Crazy or Maybe?

renewables and microgrids

Renewables and microgrids are natural companions on the electric grid. Could the day come when we have a grid of all microgrids run on 100 percent renewables? For most advanced economies the idea of no centralized grid and no fossil fuels is at best far in the future. But all audacious goals begin one step at a time. And such is the case for a … [Read more...]

Small Texas Microgrid Company Receives $10 Million Boost from Utility Investors

microgrid company

Texas microgrid company Enchanted Rock (ERock) has won $10 million in institutional financing from Energy Impact Partners (EIP), a consortium of global utilities. The investment comes as the small microgrid company makes its mark with an innovative business model, what it calls Demand Electric Reliability. ERock aggregates natural gas … [Read more...]

From Electricity to Stout with a Gas Turbine Microgrid

gas turbine microgrid

The following is an excerpt from our recent guide, "Gas Turbine Microgrids: Reliability and Sustainability through Intelligence." Environmental futurist Amory Lovins famously said that people don’t want kilowatts of electricity; they want the byproducts: a cold beer and a hot shower. St James’s Gate Brewery in Dublin, Ireland, offers an … [Read more...]