New York Expands Value Stack Crediting for Distributed Energy — Beyond Solar

NYPA

New York regulators this week voted to expand -- beyond just solar -- the distributed energy resources eligible for compensation under the state’s new value stack crediting. The Public Service Commission gave a greenlight to apply the credit to certain energy storage projects, along with tidal energy, biomass and food-waste digestion … [Read more...]

US DOE Allots $10M to Combined Heat & Power Projects for Manufacturers

CHP microgrids

The U.S. Department of Energy (DOE) plans to allot up to $10 million to seven combined heat and power (CHP) projects, some of them CHP microgrids, to explore the technology’s use by small-to-midsize manufacturers. CHP is considered a highly efficient form of distributed energy because it uses the waste heat created during power production. … [Read more...]

Microgrid Project at Submarine Base Receives $5M Connecticut Grant

microgrid project

Connecticut has released $5 million to establish a microgrid project at the U.S. Naval Submarine Base in Groton. Announced last week by Gov. Dannel Malloy, the grant comes from the Connecticut Microgrid Program. Now in its fifth year, the program has issued $18.4 million for ten microgrids. Nine are in operation and one is under … [Read more...]

What California’s Microgrid Bill Means to the State – and Everybody Else

microgrid legislation

California’s large influence on the energy industry bodes well for US microgrid growth, following the state's passage last week of microgrid legislation that other states are likely to emulate, say industry players. SB 1339 opens the door for creation of a microgrid tariff and predictable interconnection rules and time frames. Both create … [Read more...]

Inside the Rockefeller Foundation’s $20 Million Plan to Improve Energy Access in India

minigrids

The Rockefeller Foundation recently announced it will invest $20 million to expand energy access in rural India over the next three years. Off-grid renewable minigrids, as microgrids are known in India, figure prominently in the foundation's plans. Smart Power India, a program launched by the foundation in 2015, intends to bring sustainable … [Read more...]

New Microgrid Financing Options Can Help Manage Your Risk

microgrid financing

In this edition of Industry Perspectives, Siemens’ Clark Wiedetz explores a variety of microgrid financing options that can help better manage risk and enhance microgrid value.  Imagine you made the decision to move forward with a microgrid and now it is time for the dreaded question of how to pay for it. One simple preferred business … [Read more...]

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...]

What’s Driving Microgrids toward a $30.9B Market?

microgrid market

A forecast issued this week by Navigant Research identifies several new trends emerging in the global microgrid market as it moves toward becoming a $30.9 billion industry by 2027. The number of vendors in the arena has increased dramatically. Utilities, once seen as obstructers to microgrids, are now building their own. Microgrid growth is … [Read more...]

Minigrids in Nigeria: A $20B Business Opportunity for the Greater Good

Nigeria

Minigrids represent a $20 billion business opportunity in Nigeria and a chance to improve the lives of over half the population that remain without electricity, according to a report released today. Prepared by the Rocky Mountain Institute and the Nigerian Economic Summit Group, the report focuses on how lack of electricity impedes business … [Read more...]

A New Microgrid in Silicon Valley…AI+Virtual Power in California…Funding from Washington State

Silicon Valley microgrid

Bloom Energy to supply Silicon Valley microgrid Fuel cell company Bloom Energy will provide primary power for a Silicon Valley microgrid that will serve a precision manufacturing company. A subsidiary of materials supplier JSR Corporation, JSR Micro will use the microgrid to avert escalating energy costs and avoid power outages, according … [Read more...]