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...]

How Will New York Value Distributed Energy Resources Now?

value of distributed energy resources

New York regulators issued an order Thursday that begins the process of phasing out net metering to instead value distributed energy resources based on a range of benefits they bring to the electric grid. Part of New York’s larger Reforming the Energy Vision policy, the order is expected to help the state reach its goal of generating half of its … [Read more...]

Most Read Microgrid Articles in 2016 & the Companies Featured

most read microgrid articles

Our in-depth look at microgrid costs topped the list of most read microgrid articles in 2016.  Readers also showed strong interest in stories about large market players and state and federal policy. Companies featured in the top 10 include ABB, Caterpillar, S&C Electric, Siemens, GE, Hitachi and National Grid. Notably, the story, “Hitachi … [Read more...]

REV is in the Air. And the Microgrid Industry is Feeling the Love, Mostly.

microgrid industry

This month marks three years since New York began an industry-staggering move to decentralize the electric grid. For the microgrid industry, the policy -- known as Reforming the Energy Vision (REV) -- unlocked a host of new business possibilities. The scope of those opportunities – and the forces that still hinder them – became apparent this … [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...]

Why the Utility-Microgrid Relationship May Grow Stronger: Hitachi

utility-microgrid relationship

The utility-microgrid relationship looked rocky early on. Like rooftop solar, here was another competitor threatening to rob away customers from utilities already nervous about flattened electricity demand in the U.S. But something’s changing, according to Steve Pullins, vice president of energy solutions at Hitachi Americas. More and … [Read more...]

Has Hitachi Zeroed In On the Most Viable Microgrid Financing Model?

microgrid financing

Peter Asmus of Navigant Research describes cutting-edge work by Hitachi that offers a promising microgrid financing model. I had the pleasure of participating in an afternoon workshop at the VERGE conference in Santa Clara, California this week. The workshop covered a lot of ground, including offering two different perspectives on microgrids … [Read more...]

Microgrid Player Hitachi on the Environment…Siemens and Software…S&C Project Award…ABB’s Microgrid Sails

microgrid player Hitachi

Microgrid player Hitachi sets long-term environmental strategy Hitachi, a key player in the microgrid market, has set a target to reduce carbon dioxide 80 percent across the company’s value chain as part of a new long-term environmental strategy. Called "Hitachi Environmental Innovation 2050,” the plan also calls for a 50 percent improvement … [Read more...]

Nested Microgrid Proposed for Town of New Paltz

nested microgrid

Sometimes one microgrid in a single footprint is not enough. Sometimes a community needs a nested microgrid -- several separate microgrids in one -- to take energy reliability to a whole new level. A NY Prize contender, the Town of New Paltz, N.Y. has proposed such a project, a $12 million nodular microgrid to maintain energy supplies for … [Read more...]

GE Positions to Scale Up in the Microgrid Market

microgrid market

General Electric yesterday signaled that it is about to become more visible and aggressive in the increasingly competitive microgrid market. “The technology is ready, and we are now ready to scale up,” said Herve Amosse, GE’s general manager for grid automation, siting an increasingly viable business case for microgrids as renewable energy costs … [Read more...]