Third-Party Ownership Models for Modern Microgrids

We continue a special report  series, courtesy of Sapling Financial Consultants and Scale Microgrid Solutions, that explores third-party ownership models for microgrids. The interlocking, and sometimes conflicting, interests and risks associated with revenue streams, ownership and capital requirements are the key drivers in drawing up the … [Read more...]

How Financiers Think about Microgrid Project Funding

This is the first entry in a series courtesy of Sapling Financial Consultants and Scale Microgrid Solutions that shows readers the ins and outs of microgrid project funding. Find out what your potential financiers are thinking.  Mind the gap It’s far easier to finance a microgrid today than it was just a few years ago thanks to new financing … [Read more...]

Simulating Microgrids: New Killer Test App?

Microgrid simulation can help ensure project success, but testing microgrid components can be problematic and time consuming.  Now, a Maryland-based company says they have an app for that. Powersim says its new DSIM tool is the “killer app” for microgrid simulation, capable of speeds a multiple of previous tools and able to run on a … [Read more...]

One-third of Businesses Willing to Pay Premium to Avert Weather-related Power Outages: Report

Commercial and industrial (C&I) businesses are looking carefully at the financial impact of electrical outages and are increasingly seeking ways to mitigate the losses, according to a new report from S&C Electric. The 2020 State of Commercial & Industrial Power Reliability Report, based on a survey of 255 companies that achieve … [Read more...]

US’ Second Largest Egg Producer Partners with Electric Cooperatives on Microgrid

North Carolina’s Electric Cooperatives are partnering with Rose Acre Farms and its local electric cooperative, Tideland EMC, to develop an agricultural microgrid in Hyde County. The aim of the microgrid project is to deliver enhanced environmental sustainability and power grid resiliency. It will include solar panels, energy storage, and … [Read more...]

Solar Advocates See Opportunity to Take Microgrids to the Next Level in California

California’s response to the twin threats of wildfires and power shutoffs should encompass solar-plus-storage solutions, including large scale microgrids, according to a new report from advocacy group Vote Solar. The report raises concerns that Pacific Gas & Electric will choose only fossil fuel generators at 20 substations in Northern … [Read more...]

Final New Jersey Energy Master Plan Makes Way for Microgrids

New Jersey Gov. Phil Murphy this week unveiled the state’s energy master plan, which includes provisions to facilitate the proliferation of microgrids in the state. The plan is intended to move the state toward a goal of 100% clean energy by 2050. To bolster the plan, Murphy also signed Executive Order No. 100, which directs the New Jersey … [Read more...]

Private Company Wants to Buy Utility on Hawaiian Island, Build Microgrids

Pulama Lanai is in exploratory discussions with Hawaiian Electric to buy the electric utility’s assets on the small Hawaiian island and is looking to build microgrids at the island’s two hotels as a first step toward making the island’s energy sources 100% sustainable. Privately held Pulama Lanai was created in 2012 to manage Lanai’s … [Read more...]

Brooklyn Microgrid Moves Ahead with Pilot Regulatory Sandbox for Program

LO3 Energy is moving ahead with a 12-month regulatory sandbox pilot program for its Brooklyn Microgrid project. The pilot program will allow participants in the microgrid project to trade energy attributes on LO3 Energy’s software platform. LO3 has run Brooklyn Microgrid as a test project since 2016. The project began in the Park Slope … [Read more...]

Engie and Meridiam Strike $1.2B Deal to Operate College Utilities, including Possible Microgrid

The Board of Regents of the University of Iowa this week approved a $1.2 billion deal that allows Engie North America and Meridiam to manage its utilities under a plan that includes a possible microgrid. The contract calls for Engie, which provides energy services to more than 150 colleges and hospitals in the US, to operate the university’s … [Read more...]