Financing Microgrids in Haiti, Puerto Rico & Other Developing Communities

financing

Remote microgrids pay off in the long run by bringing power to developing communities around the world that lack access to electricity. But up-front capital is often unavailable to get the projects underway. Areas of the world with the highest energy poverty are those closest to the equator, giving them the greatest solar generation … [Read more...]

Mitsui & Co Takes Equity Stake in Sempra’s PXiSE Energy Solutions

PXiSE

Global giant Mitsui & Co has acquired up to 20 percent of PXiSE Energy Solutions, a subsidiary of Sempra Energy, in a move that is expected to accelerate the software company’s microgrid play. Announced today, the multi-million dollar investment deal brings Mitsui’s sales and marketing reach to PXiSE’s high-speed software, designed for … [Read more...]

Colorado Company Jump-starts Mini-Grid Development in Africa

mini-grid

Looking to boost badly needed decentralized energy in Sub-Saharan Africa, a business-to-business microgrid company in Boulder, Colo. says it has jump-started a pipeline of more than 550 mini-grid projects via its web-based project management software. Odyssey Energy Solutions is streamlining development of mini-grids (the term used in Africa … [Read more...]

Powerhive and Sun Exchange Aim to Invest $23M in Microgrids for Kenya & Sub-Saharan Africa

solar-storage microgrids

Two pioneering players in Africa's fast-emerging, distributed solar energy industry are working together with the aim of funding off-grid, solar-storage microgrids across rural Kenya and Sub-Saharan Africa over the next five years. Backed with capital from Caterpillar Ventures, First Solar and the Leonardo di Caprio Foundation, Berkeley, … [Read more...]

Cyclone Power Technologies Enters $11M PPA for its 1st Microgrid

Cyclone Power Technologies

Cyclone Power Technologies is forging ahead into the microgrid industry with a sizable potential investment. The energy tech company is entering into a 10-year, $11 million dollar power purchase agreement (PPA) for its first microgrid. The microgrid, which will be designed to provide over 3 MW of electricity, has a scheduled installation … [Read more...]

News from Russelectric, Ice Energy, GreatWall Power and Maxwell Technologies

russelectric

Russelectric releases new distributed energy controller Russelectric has released a new distributed energy controller, designed for complex, mission critical systems, ranging from back-up generation and demand management to fully functional microgrids. Called the Russelectric Distributed Energy Controller (RDEC), it incorporates the … [Read more...]

Microgrid Developer Finds Fertile Ground in the Texas Electricity Market

microgrid projects

Texas is giving rise to innovative microgrid projects as developers leverage opportunity in a state that produces more electricity than any other. A case in point is Electrical Midstream, one of the 12 microgrid developers selected to participate in the Microgrid Financing Connection program, launched at the Microgrid 2018 conference to … [Read more...]

Younicos Becomes Latest Company to Offer Microgrid-as-a-Service

microgrid-as-a-service

The microgrid-as-a-service model continues to gain traction, now with German-based Younicos and its parent Aggreko moving into the space. Approaches vary, but generally microgrid-as-a-service spares the customer from making an upfront capital outlay for the system. Instead, a third-party owns the microgrid and sells service to the customer, … [Read more...]

Energy-as-a-Service Model Offers Path to Microgrids with Less Risk

energy-as-a-service

Elisa Wood, editor-in-chief of Microgrid Knowledge, discusses energy-as-service with Mark Feasel, Schneider Electric's vice president of utility and smart grid; Andrew Marino, managing director at The Carlyle Group; and Karen Morgan, CEO of Dynamic Energy Networks (DEN). The interview took place at Microgrid 2018. Schneider Electric, DEN, and … [Read more...]

How New Models, Not More Funding, Can Boost the Microgrid Market

microgrid market

New models — not more government funding — will drive the microgrid market forward. That’s what panelists and representatives from innovative cities and states said at a discussion during Microgrid 2018, "How to Elevate Microgrids in Government Resilience and Climate Strategies." Moderator David Chiesa, director of global business development … [Read more...]