Get the Microgrids Ready. A Solar Eclipse is Coming & News from EIP, Stem and CPower

Get the microgrids ready. A solar eclipse is coming Because of their intelligent control systems, microgrids can assist in managing the intermittency of renewable energy. So get your microgrids ready when the August 21 solar eclipse occurs. The Energy Information Administration is reporting that the eclipse will affect 1,900 utility-scale solar … [Read more...]

Grid Cybersecurity Spending to Reach $3.2B…News from Navigant, Enel and Enbala

grid cybersecurity

Navigant sees rise in grid cybersecurity spending Navigant Research is reporting today that it foresees global spending on grid cybersecurity growing from $1.8 billion in 2017 to nearly $3.2 billion in 2026. “The proliferation of the smart grid and Internet of Things (IoT) has led to the deployment of billions of networked sensing devices, … [Read more...]

Coming Soon: Next $26.5M in Microgrid Incentives from Connecticut

microgrid incentives

Connecticut, one of the earliest states to advocate for microgrids, is now getting ready to release its fourth round of microgrid incentives, this time $26.5 million in grants. The new round begins September 1, with the Department of Energy and Environmental Protection (DEEP) accepting applications through January 1 for community microgrid … [Read more...]

Microgrid Incentives: What’s Needed to Spur More Microgrids?

microgrid incentives

Many energy technologies receive some sort of utility or government incentive -- especially those that are new and promising -- but need an early nudge to win the market's confidence. Microgrid incentives, however, remain scarce in the U.S. They do exist, but come mostly in the form of grants from a handful of states. Or some microgrids capture … [Read more...]

Energy Impact Partners Latest Bet on the Grid of the Future: EV Charging

Energy Impact Partners

Energy Impact Partners, a coalition of utility investors, is continuing its bet on the grid of the future, this time backing an electric vehicle (EV) charging company, Greenlots. The strategic investment group, whose partners include Southern Company, National Grid, Xcel Energy and other utilities, announced today that it has made a “significant … [Read more...]

Lucky Nine for Public Purpose Microgrid in Montclair, New Jersey

public purpose microgrid

With microgrid technology becoming more robust, and component prices dropping, it's not surprising to see a public purpose microgrid hit the ‘lucky nine.’ Nine-year payback, that is. The Montclair Township microgrid project is the case in point. With microgrid energy savings projected at about $1.2 million annually, the project's payback … [Read more...]

Big Players Spin the Wheel for the $45B Energy Storage Jackpot

energy storage market

Players in the booming energy storage market are like contestants running the board on "Jeopardy” before solving the puzzle on "Wheel of Fortune.” Investors are taking risks and companies are striking deals in rapid rounds, chasing a big jackpot that is expected to reach $20.5 billion (Navigant Research) to $45 billion (AES) globally by … [Read more...]

NY Green Bank Exceeds Financial Goals, Readies for Significant Microgrid Investment

NY Green Bank

The NY Green Bank, which is financing microgrids, solar, wind and a range of other green energy projects, has beat its financial goals for the year, according to a report issued late last week. The public/private fund generated $2.7 million in net positive income for 2016/17, with revenue exceeding costs one year ahead of expectations. In … [Read more...]

Microgrid investment Fund, Backed by Facebook and Microsoft, Issues RFQ

microgrid investment fund

A new California-based microgrid investment fund is seeking projects to finance in India, Indonesia or Tanzania. The Microgrid Investment Accelerator (MIA) issued a request for qualifications (RFQ) this week seeking qualified and experienced renewable energy service companies (RESCOs). MIA hopes to finance microgrid projects that: Are … [Read more...]

Pennsylvania Tackles a Big One: Who Pays for Utility Microgrids?

utility microgrids

Pennsylvania is the now the center of a pivotal, national industry debate over who pays for utility microgrids, with the introduction of legislation into the General Assembly that gives utilities a path to recover costs. HB 1412 allows utilities to recover costs within customer rates for microgrids and energy storage projects. Rep. Stephen … [Read more...]