Siemens Ups its Blockchain Ante with New Investment in LO3 Energy

blockchain

Siemens sent a clear signal that it sees promise in LO3 Energy's blockchain distributed energy ledger with an increase in its stake in the emerging technology. The global technology giant recently closed out LO3 Energy's Series A venture capital funding round. "Siemens' investment in LO3 represents our acknowledgement of the future potential … [Read more...]

Eight Projects Proposed in Round 4 of the Connecticut Microgrid Grant Program

microgrid grants

The application window for Round 4 of the pioneering Connecticut microgrid grant program closed with the onset of the new year. Eight entities filed applications for funding to develop community microgrids with the Department of Energy and Environmental Protection (DEEP), which is managing and administering the program. Originally created in … [Read more...]

Nigeria Minigrids: “An Unparalleled” $9.2 Billion Business Opportunity

minigrids

A US$9.2 billion a year market opportunity for minigrids and home solar PV systems is expected to save Nigerian homes and businesses $4.4 billion per year in energy spending, as well as dramatically improve human and environmental health and safety, according to a market study produced by Nigeria's Rural Electrification Agency (REA), Rocky Mountain … [Read more...]

LO3 Blockchain to Connect Microgrids to European Wholesale Power Market

blockchain

LO3 Energy and European electricity exchange EPEX Spot plan to develop blockchain energy trading and transaction systems to link microgrids with the European wholesale power market. Staging an international launch event in Paris this week, EPEX Spot and New York-based LO3 Energy signed a memorandum of understanding to share their … [Read more...]

Western Australia Utility Tests Solar Plus Storage, Microgrids to Reduce Fossil Fuel Use

solar plus storage

Australian Renewable Energy Agency (ARNEA) has awarded Western Australia's Horizon Power US$1.44 million toward a distributed solar plus storage microgrid to test how weather affects behind-the-meter solar networks and improve upon microgrids. The ultimate goal is to reduce reliance on fossil fuel power generation while delivering reliable, … [Read more...]

India’s Universal Energy Access Drive Opens Up 30-GW Market Opportunity

universal energy access

Distributed renewables, energy storage and microgrid controllers are set to play a bigger role as India looks to improve power generation, extend universal energy access, and achieve climate targets, according to Bloomberg New Energy Finance (BNEF). Off-grid and grid-connected, distributed solar currently makes up just a small percentage of … [Read more...]

Solar Plus Storage Microgrid Up and Running at South Africa, UN World Heritage Site

solar plus storage microgrid

Located in Table Bay, 4.3 miles off the coast of Cape Town, Robben Island is a place of special significance in South African and world history. Nelson Mandela spent 18 of his 27 years in prison on the island. Two other post-apartheid South African presidents, including current President Jacob Zuma, were imprisoned there as well. Robben Island … [Read more...]

What is the Future of Microgrids in the Post-Hurricane Virgin Islands?

microgrid opportunities

How best to go about rebuilding is the multi-billion dollar question hanging over the US Virgin Islands as it picks itself up from massive destruction wrought by the recent hurricanes. Hurricanes Irma and Maria took a heavy toll on the islands' electric grids. Irma left St. Thomas and St. John without electricity when it made landfall early … [Read more...]

Siemens Building an 80-MW Microgrid Network in the Brazilian Amazon

microgrid network

Bringing reliable, secure and affordable electricity to the remote Amazon Basin is probably one of the most difficult obstacles to meeting the UN Sustainable Development Goal of universal electricity access by 2030. But that's exactly what Siemens Brazil hopes to do by way of a microgrid network. With the support from Brazilian utility Centrais … [Read more...]

Tanzania’s Mini-grids and the Pitfalls and Potential of the Pan-Africa Microgrid Market

Tanzania’s mini-grids

Eliminating energy poverty looms large among the 17 main goals that make up the UN’s strategic sustainable development agenda. Sub-Saharan Africa, where more people lack access to electrical power than any other major world region, is a focal point for associated efforts. Mini and microgrids are playing a growing role. More than 70 percent of … [Read more...]