Equipment lease financing is now being used to create a low-cost path to microgrid ownership. But getting there takes an experienced, insider's knowledge of energy tax rules and regulations. It's those attributes that best distinguish CleanView Capital, according to founder and Managing Partner Stanley Fishbein, a tax attorney with 35 years of … [Read more...]
As the microgrid market evolves, so does microgrid project finance. That's leading some finance providers to be more proactive in identifying promising deals and striking up working partnerships. Developers will gain an advantage if from the earliest stages they work closely with financiers that have the expertise and capital to execute deals … [Read more...]
Municipal microgrid bill moves forward in Maine Pro-microgrid legislation in Maine now heads to the full House and Senate for consideration following its approval March 20 by the Legislature’s Energy, Utilities and Technology Committee. Sponsored by Rep. Mick Devin, LD 257 would allow Maine cities and towns to develop microgrids in … [Read more...]
Project developers are in search of microgrid financing. Financiers are in search of investment-grade projects. Now Microgrid Knowledge will bring the two together in a first-of-its-kind program for the microgrid industry. Called the Microgrid Financing Connection, the initiative will be launched at Microgrid 2018 in Chicago May 7-9. At the … [Read more...]
The as-a-service model continues to grow in popularity for microgrids and other forms of distributed energy, most recently reflected in news from Fairbanks Morse and Younicos. As-a-service-models offer customers a way to avoid capital installation costs and pay for only energy and any related services produced by projects. The customer also is … [Read more...]
Jamaica microgrid under construction ABB is supplying key technology for a Jamaica microgrid being designed to integrate solar and wind energy into the tropical island’s power supply. Jamaica Public Service (JPS) expects to have the $21.6 million microgrid operating in April 2019. The 24.5 MW project will include fly wheels and lithium ion … [Read more...]
Ten California microgrid projects recently beat 150 others in a competition for $51.9 million in state grant money. What set them apart? The proposed* winners had to meet strict requirements, demonstrating a business case for advanced microgrids that support the state’s energy and greenhouse gas policies. That included proving that projects had … [Read more...]
Ontario awarded US$1.97 million in microgrid funding for three projects Friday, continuing what’s been a significant round of government financial backing in North America this month. Earlier in February, California selected 10 microgrid projects to receive $51.9 million in grants, and Massachusetts announced $1.05 million in feasibility study … [Read more...]
Massachusetts named 14 community microgrid projects that will each receive grants of $75,000 for microgrid feasibility studies. Here are the project details provided by the Massachusetts Clean Energy Center, following the February 21 announcement. Charlestown Navy Yard, Charlestown Application Team: Partners HealthCare, Thompson … [Read more...]
Massachusetts today named 14 microgrid projects that will each receive grants of $75,000 for microgrid feasibility studies. In doing so, Massachusetts became the second state in as many days to allot a block of money to microgrid projects. California yesterday chose 10 projects to receive a total of $51.9 million in matching grants. The … [Read more...]
In this edition of Industry Perspectives, Christie Hicks of the Environmental Defense Fund, sheds light on a new agreement with Illinois’ largest utility, ComEd, that may pave the way for private microgrids to use utility wires.
This white paper provides a look at current microgrid technology, examines a microgrid feasibility study and engineering options, along with tips for identifying qualified vendors and providers of turnkey solutions. To learn how a microgrid can give your organization improved power resiliency download this white paper.
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