Seeking the Right Business Model for Sub-Saharan Africa’s $11B Mini-grid Opportunity

Sub-Saharan Africa

Work is underway by a new Rockefeller Foundation-backed lab to test mini-grid business models for Sub-Saharan Africa, where the technology could cost-effectively serve 100 million people, representing an $11 billion opportunity. In all, about 600 million people in the area do not have electricity, a problem being tackled by the Mini-Grid … [Read more...]

Tax Law, Equipment Leasing and Microgrid Finance

microgrid finance

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...]

With a $30M Fund, Crescendo Power Offers Insight into the State of Play for Microgrid Financing

microgrid project finance

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...]

Microgrid Projects and Virtual Power Plants from Maine to Australia

microgrid

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...]

Are You Looking for Microgrid Financing?

microgrid financing

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...]

As-a-Service Model Continues to Make Inroads with Projects from Fairbanks Morse and Younicos

as-a-service

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 to Manage Renewables…IoTs & Cyber Wars…Hawaiian Microgrid Investing

Jamaica microgrid

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...]

Why These 10 Microgrids Won Funding in California

California microgrid projects

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...]

More Government Microgrid Funding, This Time from Ontario

microgrid funding

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...]

Details on the 14 Massachusetts Community Microgrid Projects that Won Funding

community microgrid projects

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...]