Microgrid Financing: How to Fund Your Project

Joe Williams, distributed energy resources product manager at Eaton, shares insights on microgrid financing, power purchase agreements and energy-as-a-service.  The value of microgrids is clear — all around the world, microgrids are helping advance energy resilience, sustainability and efficiency. Yet project financing remains one of the … [Read more...]

Amazon and GS Futures Invest $5 Million in Resilient Power to Accelerate EV Infrastructure

Seattle tech giant Amazon and Korean venture capital firm GS Futures have awarded Resilient Power, a startup based in Austin, Texas, and Atlanta, Georgia, with $5 million in seed funding to build solid-state transformer-based EV charging system that can become a microgrid in a box. While Resilient Power has previously received capital from … [Read more...]

Nigerian Rollout of Multiple Microgrids Shows Opportunity for Scale

Six new microgrids have been developed simultaneously in Nigeria as part of a rural electrification program backed by the World Bank. The projects show the considerable possibilities available from the scaling up of microgrid rollout programs. Located in Nasarawa State, the solar hybrid microgrid projects will provide clean, reliable and … [Read more...]

The Business Model for Fuel Cells as a Win for Customers and Installers

In a new special report series brought to you by Microgrid Knowledge, Instant On and Robert Bosch, we explore how fuel cells can be a microgrid gap solution that fills the power gap, the fit gap and the sustainability gap. This fifth article explores how the fuel cell business model can be a win for both customers and installers. Experienced … [Read more...]

Biden’s New Climate Framework Retains Microgrid Tax Credit

A framework of the Build Back Better bill released by President Joe Biden this week retains a 30% tax credit for microgrid controllers. The credit was initially proposed by California Congressman Jimmy Panetta, D-Carmel Valley, as part of the MICROGRID Act. The microgrid provisions are included in a larger climate framework that makes a … [Read more...]

Federal Agency in Australia Opens Applications for $50M in Microgrid Funding

Petra Stock of RenewEconomy describes $50 million in microgrid funding being made available in Australia for remote projects. Regional renewable energy microgrid projects can now apply for funding as the Australian Renewable Energy Agency (ARENA) launches a new $50 million program to improve the resilience and reliability of electricity … [Read more...]

California Transportation Authority Proposes Bus Charging Microgrid 

The Santa Clara, California, Valley Transportation Authority (VTA) plans to build a microgrid with charging infrastructure to upgrade and fuel its fleet of battery-powered electric buses with a potential $4.68 million in grant money from the California Energy Commission (CEC).  This Northern California project is part of the VTA’s effort to … [Read more...]

Energy Access Fund to Boost Development of Off-Grid Microgrids and Minigrids

A new energy access fund has been launched in a bid to promote and support the development of microgrids and other measures across sub-Saharan Africa and Asia Pacific. The Energy Access Relief Fund (EARF) is backed by a partnership of 16 governments, foundations and investors. Managed by Social Investment Managers and Advisors (SIMA), its … [Read more...]

US’ Largest County — Los Angeles — Proposes Agency to Support Microgrids in a Large Swath of California 

The County of Los Angeles last week made an eye-opening proposal — a $41 million program that includes a regional microgrid agency to serve an area that encompasses roughly half of California’s population. The county hopes to do for microgrids what a similar initiative, Southern California Regional Energy Network County (SoCalREN), did for … [Read more...]

Congressional Committee Authorizes Microgrid at Ohio Air Base

The National Defense Authorization Act, which is moving through the US House of Representatives, allocates $4.7 million to set up a military microgrid at a military-civil airport in Ohio. The House Armed Services Committee approved the $768 billion bill for fiscal year 2022 on Sept. 2, sending it to the House floor for a vote. Tucked in the … [Read more...]