Demand Energy Brings Pioneering Solar Plus Storage Microgrid to New York City

solar plus storage microgrid

Demand Energy is set to begin operating a pioneering solar plus storage microgrid that achieves several firsts for the New York City power grid. News of the project milestone comes just three months after Italian utility giant Enel acquired Demand Energy, a move that made a splash in the microgrid industry and significantly changed the fortunes … [Read more...]

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...]

Behind the Rise of Microgrids: News from PJM, Navigant & Macquarie Capital

rise of microgrids

The impetus behind the rise of microgrids Many trace today’s rise of microgrids, energy storage, and distributed energy to the opening of competitive electricity markets. So, it’s worth noting that PJM, the nation’s largest grid operator, is celebrating its 20-year anniversary of operating competitive wholesale power markets. Known in … [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...]

What’s Got People Thinking about Microgrids this Week?

microgrids

The idea of microgrids looked pretty good on the East Coast this week Microgrids were probably on the minds of more than a few people this week when a blizzardy storm named Stella knocked out power to more than 440,000 electric customers in the Northeast and Mid-Atlantic. Outages occurred March 13-15 from Virginia to Nova Scotia. Dominion … [Read more...]

A Town Center Microgrid for Atlantic City? The City Council Seeks Funds

town center microgrid

The city council for Atlantic City, N.J, voted unanimously Wednesday to take the initial steps toward developing a town center microgrid to provide a safe haven for the community during disasters. In a 9-0 vote, the council approved a resolution to seek funding through the New Jersey Board of Public Utilities for a feasibility study. The BPU is … [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...]

Massachusetts Plans to Identify Microgrid Opportunities Statewide

microgrid opportunities

Massachusetts intends to identify microgrid opportunities statewide, mirroring work done on a more concentrated level by the City of Boston, according to state clean energy officials. Stephen Pike, CEO of the Massachusetts Clean Energy Center (MassCEC), and Galen Nelson, a senior director at the center, described the state’s microgrid strategy … [Read more...]

Why Arizona Public Service Sees Microgrid Investments as Risk Worthy

microgrid investments

Utilities are notoriously risk adverse. So why did Arizona Public Service (APS) take a chance on microgrid investments, not once but twice? By take a chance, we mean the utility chose to install two microgrids without getting pre-approval for cost recovery from state regulators. So if the Arizona Public Service Commission now disapproves the … [Read more...]

What are the Benefits of Energy Storage? Here’s What Texas Co-ops are Finding Out

Benefits of Energy Storage

A 200-kWh advanced energy storage facility at Texas Electric Cooperatives’ Master Distribution Center in Georgetown, Texas is designed to help its 75 member co-ops learn about the benefits of energy storage -- and tap into a special pricing deal with a vendor. “Our project here at our Georgetown facility will provide an up-close opportunity … [Read more...]