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...]

Anbaric and Pension Fund to Build $2B in Microgrids and Transmission & Other Quick News

microgrids

Anbaric partners with pension fund to build $2 billion in microgrids and transmission Anbaric, a developer of microgrids and transmission projects, has formed a joint venture with the Ontario Teachers’ Pension Plan to construct $2 billion in energy infrastructure in North America. Called Anbaric Development Partners, the company will be led by … [Read more...]

Microgrid Briefing and Summit Dec. 6-7 in Washington, DC & Other Quick News

microgrid

Microgrid briefing and summit coming up in Washington The International District Energy Association (IDEA) and the Microgrid Resources Coalition (MRC) are planning two events in Washington, DC to heighten understanding of microgrids and position the industry for new opportunity. The organizations will hold a Senate Briefing on Capitol Hill on … [Read more...]

Microgrid Survey Finds Siemens to be Best Known Industry Player

Results of a microgrid survey released today by Microgrid Knowledge show Siemens to be the most recognized name in microgrids among 21 companies. The independent survey also found electric reliability to be the biggest reason for installing a microgrid. Financing serves as the biggest hindrance. We conducted the online poll over the spring … [Read more...]

What Does Constellation’s Deal with ConEd Solutions Mean to its Microgrid Business?

microgrid business

Exelon subsidiary Constellation, a competitive retail supplier that also has a microgrid business, has entered into an agreement to acquire the retail electricity and natural gas customers of ConEdison Solutions. Both companies have been focused for years on the sale of competitive retail supply and energy services. Constellation more recently … [Read more...]

Community Microgrid Project Profile: From Disaster to Opportunity in Freeport, NY

microgrid project

Freeport, a village in New York, hopes to bring greater electric reliability to homes, businesses and critical facilities with a $35 million community microgrid. The Long Island community has proposed the project as part of NY Prize, a state-sponsored competition to encourage microgrid development. The downtown microgrid would serve 106 … [Read more...]

‘New York & Beyond’ Microgrid Conference to Feature Top Industry Leaders

microgrid knowledge conference

Microgrid Knowledge today announced speakers for its May 19 microgrid conference in Manhattan, a roster of top microgrid leaders from some of the largest U.S. utilities and energy technology companies. “New York and Beyond: Advancing Microgrids Nationally with Lessons Learned in New York” is designed to shape and propel the industry based on … [Read more...]

Creating a Grid-of-Grids: The Genius behind the NY Prize and its Real End Game

NY Prize

Not everyone sees the NY Prize as a big deal. After all, they say, the end stage of New York’s competition for $40 million is construction of about five community microgrids. That’s not a world-changing number for a technology likely to underlie a coming grid-of-grids – a nationwide interactive network of distributed energy that will … [Read more...]

NY Prize Stage 1 Awards: Who, Why and What’s it Mean for Community Microgrids

NY Prize

New York showed itself as the nation’s leader in community microgrid development July 8 by awarding funds for an unprecedented 83 projects through its $40 million NY Prize. No other state has made such a vigorous foray into this type of microgrid, which focuses largely on keeping critical facilities up and running in a community when the central … [Read more...]

Quick Microgrid News: Navigant, ABB, Samsung, Imergy, SunEdison, Burns, Clean Coalition, PSEG

In today's Quick Microgrid News, Navigant identifies the market for community resilience microgrids...ABB and Samsung strike a deal to develop microgrids...SunEdison places a big order with Imergy...The Burns Group microgrid project at Temple University wins an engineering award...The Clean Coalition wins a microgrid consultanting deal with … [Read more...]