S&P Innovation Manager Describes Technology to Improve the Financial Use Case for Microgrids

Isabel Tang, senior innovation manager at S&P Global Platts describes Distro Energy, a new energy trading platform designed to facilitate open energy market operation, help balance the grid, reduce the burden of microgrid implementation and improve the financial use case for microgrids. Watch the video of Lisa Cohn, managing editor of Microgrid … [Read more...]

Winch Energy Lands $16 Million for African Solar Minigrids

London-based Winch Energy landed $16 million in funding, through a new financing platform, for solar minigrid projects in 49 villages in Uganda and Sierra Leone. The deal represents the largest ever minigrid financing portfolio, according to Winch, which is owned by Winch Partners, Total Eren, Al Gihaz Holding and ITOCHU Europe. The … [Read more...]

GreenStruxure Teams with Energy Advisory Company…Beyond the Grid Fund Opens Call for Microgrids in Mozambique

GreenStruxure joins forces with energy advisory company on microgrids for medium-size buildings GreenStruxure, the joint venture between Schneider Electric and private equity firm Huck Capital, has formed a microgrid partnership with a Texas-based retail energy advisory service. TruEnergy will work with GreenStruxure to offer … [Read more...]

Microgrid Customers, Hurdles Shifting with Economy and Growing Weather Challenges

Elisa Wood, editor-in-chief at Microgrid Knowledge, interviewed Scott Kessler, microgrid  strategy and sales at Siemens, during Microgrid 2020 Global. Wood and Kessler discussed some of the hurdles to microgrids today, how customers can overcome these challenges, new microgrid customers entering the market — and the lowdown on a new … [Read more...]

Built With Frugal Innovation, Solar Microgrids Improve Medical Care in the Himalayas

In remote villages in the Himalayas, medical centers often lack critical medical equipment, refrigerators for vaccines and dependable electricity for light and other essentials. But Paras Loomba intends to change that, bringing solar microgrids to medical centers, which will allow for vaccine storage, baby warmers, ventilators and other items that … [Read more...]

Microgrids Win Funding Boost in US Pandemic Relief Bill

The US Congress passed a pandemic relief bill late Monday night that includes funding for microgrids, energy storage and renewable energy. The spending package includes the Energy Act of 2020, which contains consensus provisions from Senate and House energy legislation, Sens. Lisa Murkowski, R-Alaska, and Joe Manchin, D-W.Va., said Dec. … [Read more...]

US Development Bank to Invest $2B to Overcome Energy Poverty in Partnership with The Rockefeller Foundation

The US International Development Finance Corp. (DFC) plans to invest up to $2 billion, and The Rockefeller Foundation up to $50 million, to end energy poverty by expanding development of distributed energy systems, including minigrids. The two organizations announced a memorandum of understanding today to work together to bring reliable … [Read more...]

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...]

Gridscape Receives Funds to Help Build Microgrids, Reduce Greenhouse Gases

Gridscape Solutions, a California based microgrid developer, has received a loan guarantee from the San Francisco Bay Area Air Improvement District's (BAAIQD) Climate Tech finance program. The funds will go towards building microgrids that will reduce greenhouse gas emissions.  According to Vipul Gore, Gridscape's president & CEO, the … [Read more...]

As It Plans World’s Biggest Virtual Power Plant, OhmConnect Warns of Market Flaws in California

OhmConnect, partnering with Sidewalk Infrastructure Partners, plans a 550-MW virtual power plant (VPP), Resi-Station, created by pooling and controlling homeowners’ devices and microgrids to provide clean power for California via aggregated flexible demand. Said to be the biggest project of its kind in the world, Resi-Station will help meet … [Read more...]